
Thai baht and Thai shares rose after the US Federal Reserve raised its benchmark rate by a quarter point to 1.5-1.75%. The baht strengthened to 31.16 per dollar, but the SET Index gave back gains by the close.
A firmer baht makes Thai exports less competitive and weakens the dollar's pull on dollar-priced commodities, which is a mixed signal for feed-ingredient export pricing.
Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.