# Bangkok Post - Foreign speculators pressure baht

> Foreign speculators have been heavily betting on the Thai baht, which has weakened as Thailand's twin deficits pressured the currency. KBank expects these speculative positions to unwind in November, with the baht gradually recovering in December.

- Date: 2021-10-20 · published 2021-10-20T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/44825-bangkok-post-foreign-speculators-pressure-baht
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker baht lowers the cost of Thai-origin commodity and feed-related imports in dollar terms only marginally for this buyer base, so the direct effect on feed prices is minimal.

## Read by commodity

- USDTHB: bullish ▲

## Sources

- bangkokpost.com: https://www.bangkokpost.com/business/general/2201367/foreign-speculators-pressure-baht

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