Loading…
Asian currencies have weakened since June as the threat of Fed tapering and slowing global recovery boosted the dollar's safe-haven appeal. The Thai baht is the worst performer year-to-date at down 9.87%, followed by the won and ringgit, while the 10-year US Treasury yield fell to 1.13%.
Broad Asian currency weakness raises local-currency costs for feed imports across the region and reflects softer growth expectations that can weigh on commodity demand.
philstar.comWilson SyJul 25, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
