# FxWirePro: Thai baht falls ahead of BOT’s rate decision | EconoTimes

> 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.

- Date: 2017-05-24 · published 2017-05-24T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/71258-fxwirepro-thai-baht-falls-ahead-of-bot-s-rate-decision-econotimes
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Currency moves in Thailand affect the local cost of imported feed ingredients, but this technical note has limited direct effect on feed commodity prices.

## Read by commodity

- USDTHB: neutral

## Sources

- econotimes.com: https://econotimes.com/FxWirePro-Thai-baht-falls-ahead-of-BOTs-rate-decision-720316

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