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Thai baht technical commentary notes a bearish trend in USD/THB ahead of the Bank of Thailand rate decision. The analyst suggested long USD/THB positions only above 34.55.
Currency moves in Thailand affect the local cost of imported feed ingredients, but this technical note has limited direct effect on feed commodity prices.
econotimes.comFxWirePro TeamMay 24, 2017Not 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.
