# Baht rises on dollar sales due to Fed's fiscal policy

> The baht strengthened to 29.90 per dollar on January 4, 2021, as the dollar sold off broadly after the Federal Reserve kept policy easy. Analysts expected cautious trading due to regional lockdowns and economic slowdown concerns.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/49404-baht-rises-on-dollar-sales-due-to-fed-s-fiscal-policy
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger baht driven by dollar weakness has no meaningful mechanism for feed grain prices, though it may slightly lower Thai import costs.

## Read by commodity

- DXY: bearish ▼
- USDTHB: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-05-17 | [Dollar retreats as traders focus on Iran, Fed policy](https://feedsoft.ai/events/19471-dollar-retreats-as-traders-focus-on-iran-fed-policy.md) | +0.0% | +0.0% |
| DXY | 2020-03-24 | [Dollar falls after Fed QE, on fiscal stimulus hopes](https://feedsoft.ai/events/6583-dollar-falls-after-fed-qe-on-fiscal-stimulus-hopes.md) | -2.3% | -2.4% |
| DXY | 2017-08-25 | [Stocks rise, U.S. dollar eases as Yellen omits policy \| Reuters](https://feedsoft.ai/events/69365-stocks-rise-u-s-dollar-eases-as-yellen-omits-policy-reuters.md) | -0.3% | -0.9% |
| DXY | 2020-08-28 | [Gold surges over 2% on waning dollar, Fed policy shift - The Business Times](https://feedsoft.ai/events/51528-gold-surges-over-2-on-waning-dollar-fed-policy-shift-the-business-times.md) | -0.5% | +1.0% |
| DXY | 2023-11-30 | [US dollar falls on dovish remarks by Fed's Powell](https://feedsoft.ai/events/32901-us-dollar-falls-on-dovish-remarks-by-fed-s-powell.md) | +0.6% | -1.2% |

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30400660

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