Loading…
Southeast Asian currencies steadied ahead of the Federal Reserve decision, with the won and baht rising to two-week highs in thin trading. Markets are focused on Powell's press conference for cues on the timing of rate cuts.
A firmer baht lowers the local currency cost of dollar-priced feed imports in Thailand. The impact on global feed prices is minor.
brecorder.comReutersJan 31, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
