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Bank of America raised its Thai baht forecast, now expecting 33 per US dollar by mid-2026 before strengthening to 31 by year-end, versus a prior forecast of 30. The bank cited an oil price shock and elevated Thai effective exchange rates after post-election equity inflows.
A weaker baht against the dollar raises the cost of Thai imports and reflects energy-driven pressure, which can lift dollar-based feed prices in Thailand.
investing.comMar 17, 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.
