# Baht weakens to 35.71/dollar as US announces better job figures

> The baht weakened to 35.71 per US dollar on December 12 after stronger-than-expected US payrolls, with unemployment falling to 3.7% in November. Traders reduced expectations of an early Fed rate cut.

- Date: 2023-12-12 · published 2023-12-12T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/32971-baht-weakens-to-35-71-dollar-as-us-announces-better-job-figures
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US labour data lifts the dollar and raises the cost of dollar-priced feed imports for Asian buyers, though the move is a routine currency reaction.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-10-31 | [AUD/USD weakens to near 0.6540 as US Dollar trades firmly](https://feedsoft.ai/events/22663-aud-usd-weakens-to-near-0-6540-as-us-dollar-trades-firmly.md) | +0.3% | -0.2% |
| DXY | 2024-12-19 | [Thai Baht opens at 34.58 per US dollar, expected to weaken further - Pattaya Mail](https://feedsoft.ai/events/27248-thai-baht-opens-at-34-58-per-us-dollar-expected-to-weaken-further-pattaya-mail.md) | +0.5% | +1.4% |
| DXY | 2022-08-29 | [Baht weakens over stronger dollar, falling gold prices](https://feedsoft.ai/events/40309-baht-weakens-over-stronger-dollar-falling-gold-prices.md) | +0.6% | +4.4% |
| 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 | 2022-09-28 | [Rand weakens as dollar advances on hawkish Fed - Moneyweb](https://feedsoft.ai/events/39845-rand-weakens-as-dollar-advances-on-hawkish-fed-moneyweb.md) | -1.8% | -1.5% |

## Sources

- nationthailand.com: https://www.nationthailand.com/thailand/economy/40033720

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