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The US dollar gained 0.71% against the Thai baht and 0.25% against the Singapore dollar in the week to late March, while emerging market equities fell about 1.5%. The Bank of Thailand held rates at 0.50% and cut its GDP outlook due to Covid and weak tourism.
A firmer dollar against ASEAN currencies raises the local cost of dollar-denominated feed imports across the region, but the move is small and mostly reflects routine FX flows.
forex.caMar 29, 2021After 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.
Not 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.
