# Investors are increasing their bets on the Thai baht weakening to its highest level in two months, affected by high oil prices and a stronger dollar. - Money & Banking Magazine

> A Reuters survey found investors increasing bets that the Thai baht will weaken to its lowest level in nearly two months. The survey followed oil prices rising above $100 per barrel after an attack on Saudi Arabia's East-West pipeline. Investors also held a more negative view of most Asian emerging-market currencies amid higher US bond yields.

- Date: 2026-09-17 · published 2026-09-17T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/17735-investors-are-increasing-their-bets-on-the-thai-baht-weakening-to-its-highest
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expected baht weakness and a firmer dollar raise the cost of dollar-priced feed imports for Thailand. Higher oil prices also feed through to freight and energy costs for regional feed production.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-01 | [Rand weakens to three month low as stronger dollar and oil price weigh on South Africa](https://feedsoft.ai/events/17339-rand-weakens-to-three-month-low-as-stronger-dollar-and-oil-price-weigh-on-south.md) | +0.2% | +0.6% |
| DXY | 2018-12-02 | [The baht weakened to 33 baht / dollar, the lowest level around 7 months after the Fed signaled the planned interest. – News – PK Money](https://feedsoft.ai/events/61821-the-baht-weakened-to-33-baht-dollar-the-lowest-level-around-7-months-after-the.md) | +0.2% | -0.6% |
| DXY | 2023-10-04 | [BoT Governor reveals the baht is depreciating The main reason is the strong dollar. Emphasizing not going against market forces - Money & Banking Magazine](https://feedsoft.ai/events/33930-bot-governor-reveals-the-baht-is-depreciating-the-main-reason-is-the-strong.md) | -0.8% | +0.0% |
| DXY | 2024-12-30 | [Krungsri expects the baht to trade in the range of 67-33.75 baht/dollar at the end of 34.50 - Money & Banking Magazine](https://feedsoft.ai/events/27247-krungsri-expects-the-baht-to-trade-in-the-range-of-67-33-75-baht-dollar-at-the.md) | +0.1% | -0.1% |
| DXY | 2023-03-27 | [Krungthai reveals the baht is depreciating, opening at 34.21 baht/dollar, following US inflation figures - Money & Banking Magazine](https://feedsoft.ai/events/37134-krungthai-reveals-the-baht-is-depreciating-opening-at-34-21-baht-dollar.md) | -0.9% | -1.0% |
| WTI | 2026-10-01 | [Rand weakens to three month low as stronger dollar and oil price weigh on South Africa](https://feedsoft.ai/events/17339-rand-weakens-to-three-month-low-as-stronger-dollar-and-oil-price-weigh-on-south.md) | -2.3% | +12.3% |
| WTI | 2022-08-11 | [Canadian dollar rises to two-month high on growing signs of easing U.S. inflation  - The Globe and Mail](https://feedsoft.ai/events/40280-canadian-dollar-rises-to-two-month-high-on-growing-signs-of-easing-u-s.md) | -4.1% | -10.5% |
| WTI | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +9.1% | +18.9% |

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2026/271088/

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