# Bangkok Post - Baht expected to dive on US data

> Analysts at Kasikorn Research say the baht could slide toward 36 per dollar if upcoming US economic data shows a resilient economy and further delays to Federal Reserve rate cuts. The bank says the outlook depends on those data releases.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/32410-bangkok-post-baht-expected-to-dive-on-us-data
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A forecast of baht weakness would raise the local cost of dollar-priced feed imports. The move would be modest and mostly affects Thai buyers.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2730935/baht-expected-to-dive-on-us-data

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