Loading…

The baht opened at 33.74 per dollar, close to the previous close of 33.78. The dollar was range-bound while markets awaited the US midterm elections on November 3.
Traders still expect a possible Fed rate hike in December, with markets pricing roughly 78-80% odds.
Expectations of further Fed tightening support the dollar and can raise the baht cost of imported feed ingredients. The effect on feed prices is small in a range-bound session.
Not 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.