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A Reuters poll of 13 analysts showed bearish bets on the Thai baht extended to the highest since January 2018. Short positions on most Asian currencies eased slightly but stayed near multi-month highs.
Heavy speculative shorts on the baht and other Asian currencies reflect expectations of continued dollar strength, which keeps import costs for Asian feed buyers elevated.
finance.yahoo.comSameer ManekarJul 28, 2022Not 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.
