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The baht rose as much as 0.7% to its highest since November 22 on hopes Thailand would waive quarantine for vaccinated visitors. Two-year US Treasury yields crossed 1% amid expectations of a more hawkish Federal Reserve.
Currency moves tied to tourism hopes and US rate expectations have limited direct impact on feed commodity prices.
financialpost.comReutersJan 18, 2022Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
