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The Thai baht traded near 31.82 per dollar, roughly flat, with a range of 31.79 to 31.86 on the day. A Thai April manufacturing production reading rose 2.03% year on year, above the forecast of -1%, after a prior decline of 2.54%.
This is a routine technical currency comment with a minor manufacturing data point, with no clear link to feed or grain supply, demand or prices.
econotimes.comFxWirePro TeamMay 28, 2019Not 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.
