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The Thai baht was trading near 32.54 per dollar in early Asian trade ahead of the Bank of Thailand's repo rate decision. FxWirePro's technical view was neutral-to-bearish for USD/THB, with resistance around 32.90 and support near 32.50.
This is routine currency technical commentary with no new fundamental driver for feed commodities. Baht moves only marginally affect Thai feed costs and import pricing.
econotimes.comFxWirePro TeamSep 19, 2018Not 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.
