# Baht under pressure, but strengthens in opening trade

> The baht opened at 31.19 per dollar on October 22, strengthening from 31.24. Recent US polls showing Joe Biden ahead of Trump were cited, and WTI fell 4.1% on demand concerns.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: market · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/50882-baht-under-pressure-but-strengthens-in-opening-trade
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Small currency moves and softer crude reflect routine market conditions with limited direct effect on feed prices.

## Read by commodity

- WTI: bearish ▼
- USDTHB: bullish ▲

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30396590

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