# Traders take cue from Fed rate rise to push baht, stocks higher

> Thai baht and Thai shares rose after the US Federal Reserve raised its benchmark rate by a quarter point to 1.5-1.75%. The baht strengthened to 31.16 per dollar, but the SET Index gave back gains by the close.

- Date: 2018-03-22 · published 2018-03-22T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/66242-traders-take-cue-from-fed-rate-rise-to-push-baht-stocks-higher
- 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 firmer baht makes Thai exports less competitive and weakens the dollar's pull on dollar-priced commodities, which is a mixed signal for feed-ingredient export pricing.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-07-29 | [ING Says Dollar to Take Cue from Oil Prices If Fed Holds Rate \| Financial Post](https://feedsoft.ai/events/18262-ing-says-dollar-to-take-cue-from-oil-prices-if-fed-holds-rate-financial-post.md) | -0.9% | -2.0% |
| DXY | 2024-07-31 | [Stocks rise; yields, dollar lower as Fed signals rate cut](https://feedsoft.ai/events/29141-stocks-rise-yields-dollar-lower-as-fed-signals-rate-cut.md) | -0.5% | -1.9% |
| DXY | 2022-03-18 | [Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN](https://feedsoft.ai/events/42439-why-traders-sell-dollars-after-fed-vowed-to-aggressively-hike-rates-cgtn.md) | -0.1% | +0.6% |
| DXY | 2019-06-20 | [Fed rate-cut sign boosts stocks, dollar drops](https://feedsoft.ai/events/7435-fed-rate-cut-sign-boosts-stocks-dollar-drops.md) | -1.1% | -0.8% |
| DXY | 2025-11-25 | [US dollar slumps as data backs Fed rate cut view; traders on yen alert \| Reuters](https://feedsoft.ai/events/21876-us-dollar-slumps-as-data-backs-fed-rate-cut-view-traders-on-yen-alert-reuters.md) | -0.6% | -1.8% |

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30341505

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