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Asian currencies slipped as higher US Treasury yields and hawkish Federal Reserve comments supported the dollar, offsetting stronger Chinese manufacturing data. The Thai baht edged lower in the broader sell-off.
A firmer dollar makes dollar-priced commodities more expensive for Asian buyers, a mild bearish pressure on US-priced feed inputs.
business-standard.comReutersOct 2, 2017After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
