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The baht traded near 35.18 per dollar on Jan 31, within an intraday range of 35.16 to 35.21, despite weaker-than-expected Thai manufacturing output for December. Thailand's 2016 manufacturing output rose 0.44 percent.
A technical analyst recommended a short position in USD/THB around 35.20.
This is routine currency market commentary with no new supply or demand driver for feed commodities, so it has limited direct price implications for feed buyers.
econotimes.comFxWirePro TeamJan 31, 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.
