# Thai Baht Spurt as Trump Carp at Feds

> Asian emerging market currencies rallied after President Trump criticized the Federal Reserve over interest rate hikes and said the Fed should help during trade negotiations. The Thai baht gained the most, touching a two-month high.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/63791-thai-baht-spurt-as-trump-carp-at-feds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker dollar on Fed-criticism headlines supports dollar-priced commodities modestly, while Asian currency moves affect regional import costs for feed buyers.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-23 | [US dollar tumbles as Trump's EU tariff talk spurs investor flight](https://feedsoft.ai/events/24859-us-dollar-tumbles-as-trump-s-eu-tariff-talk-spurs-investor-flight.md) | -0.2% | -0.7% |
| DXY | 2025-08-05 | [Thai Baht Surges as Dollar Weakens, Threatening Export Competitiveness](https://feedsoft.ai/events/23578-thai-baht-surges-as-dollar-weakens-threatening-export-competitiveness.md) | -0.2% | -0.2% |
| DXY | 2023-03-13 | [Thai baht climbs as Asian currencies gain on weak US dollar](https://feedsoft.ai/events/37133-thai-baht-climbs-as-asian-currencies-gain-on-weak-us-dollar.md) | +0.3% | -1.6% |
| DXY | 2025-04-21 | [Dollar hits three-year low as Trump attacks threaten Fed's independence](https://feedsoft.ai/events/25326-dollar-hits-three-year-low-as-trump-attacks-threaten-fed-s-independence.md) | -0.1% | +0.1% |
| DXY | 2025-04-21 | [Mexican peso appreciates 2% as Trump fuels fight with Fed](https://feedsoft.ai/events/25343-mexican-peso-appreciates-2-as-trump-fuels-fight-with-fed.md) | -0.1% | +0.1% |

## Sources

- kaohoon.com: https://www.kaohoon.com/news/international/247844

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