# Marketwatch

> A DBS Group Research report says trade-war escalation is weakening regional currencies across Asia, with the Thai baht the exception thanks to inflows into Thai bonds seen as a safe haven. The report notes the US dollar index is up 6.5% since the start of last year, and that US PMI fell to a 36-month low.

- Date: 2019-05-26 · published 2019-05-26T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/59346-marketwatch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Weaker Asian currencies raise the local-currency cost of dollar-priced grain and meal imports, which can dampen buying in those markets. The broader trade-war slowdown also weighs on commodity demand.

## Read by commodity

- DXY: bullish ▲
- USDTHB: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-14 | [Dollar index hits 2-year high amid 'Trump trade' bets - MarketWatch](https://feedsoft.ai/events/11855-dollar-index-hits-2-year-high-amid-trump-trade-bets-marketwatch.md) | -0.1% | -0.0% |
| DXY | 2023-12-20 | [Stock Market Wednesday](https://feedsoft.ai/events/32950-stock-market-wednesday.md) | -0.8% | +1.0% |
| DXY | 2019-02-11 | [Why the dollar is back on the rise despite the Fed’s dovish turn - MarketWatch](https://feedsoft.ai/events/60769-why-the-dollar-is-back-on-the-rise-despite-the-fed-s-dovish-turn-marketwatch.md) | +0.4% | +0.4% |
| DXY | 2022-07-25 | [Fed fallout looms for market](https://feedsoft.ai/events/40514-fed-fallout-looms-for-market.md) | -0.6% | +0.5% |
| DXY | 2016-12-11 | [A paradigm shift in markets?](https://feedsoft.ai/events/73644-a-paradigm-shift-in-markets.md) | +0.9% | +1.1% |

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30370003

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