# Thai baht, Malaysian ringgit gain among Asian FX as Omicron worries ease | Financial Post

> Asian currencies including the Thai baht and Malaysian ringgit gained on Thursday as Omicron worries eased after early lab studies suggested vaccine boosters could neutralise the variant. China's factory-gate inflation slowed, and the yuan held near a three-year peak of 6.3451 per dollar.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/43875-thai-baht-malaysian-ringgit-gain-among-asian-fx-as-omicron-worries-ease
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Easing Omicron fears support regional risk appetite and demand for commodities, but this is a routine currency wrap with no direct effect on feed supply.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼
- USDMYR: bearish ▼
- USDTHB: bearish ▼

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/thai-baht-malaysian-ringgit-gain-among-asian-fx-as-omicron-worries-ease
- reuters.com: https://www.reuters.com/markets/stocks/thai-baht-malaysian-ringgit-gain-among-asian-fx-omicron-worries-ease-2021-12-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.