# Thai baht gains on quarantine-free travel hopes; Asia FX gains | Financial Post

> The baht rose as much as 0.7% to its highest since November 22 on hopes Thailand would waive quarantine for vaccinated visitors. Two-year US Treasury yields crossed 1% amid expectations of a more hawkish Federal Reserve.

- Date: 2022-01-18 · published 2022-01-18T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/43407-thai-baht-gains-on-quarantine-free-travel-hopes-asia-fx-gains-financial-post
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency moves tied to tourism hopes and US rate expectations have limited direct impact on feed commodity prices.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-01 | [Dollar gains on reflation trade, Aussie recovers \| Financial Post](https://feedsoft.ai/events/48359-dollar-gains-on-reflation-trade-aussie-recovers-financial-post.md) | +0.8% | +0.8% |
| DXY | 2021-06-21 | [Baht, peso plumb multi-month lows to lead Asian FX falls \| Financial Post](https://feedsoft.ai/events/46860-baht-peso-plumb-multi-month-lows-to-lead-asian-fx-falls-financial-post.md) | -1.0% | +0.4% |
| DXY | 2020-09-23 | [Currencies slip as dollar gains on safe-haven demand, rand drops 1% \| Financial Post](https://feedsoft.ai/events/51393-currencies-slip-as-dollar-gains-on-safe-haven-demand-rand-drops-1-financial-post.md) | +0.8% | -1.4% |
| DXY | 2022-07-19 | [Malaysian ringgit, Thai baht hit by safety flows, growth woes \| Financial Post](https://feedsoft.ai/events/40763-malaysian-ringgit-thai-baht-hit-by-safety-flows-growth-woes-financial-post.md) | -0.3% | -1.1% |
| DXY | 2021-05-13 | [Soybeans retreat from 8-1/2-year high as dollar holds gains \| Financial Post](https://feedsoft.ai/events/12368-soybeans-retreat-from-8-1-2-year-high-as-dollar-holds-gains-financial-post.md) | -0.6% | -0.9% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/thai-baht-gains-on-quarantine-free-travel-hopes-asia-fx-gains

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