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Krungthai Global Markets expects the baht to keep weakening against the dollar, possibly to 34.00-34.40 this week, after it fell to a 14.5-month low of 33.64. The outlook cites renewed Middle East tensions, higher oil prices and a firmer dollar tied to Fed policy expectations.
Oil-driven pressure on the baht raises Thailand's energy import bill and dollar demand, which can weigh on Thai buying power for imported feed and protein meal.
bangkokpost.comSomruedi BanchongduangAug 1, 2026Not enough comparable past events yet for a historical read.
After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
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.
