# Baht expected to strengthen to 21-month high

> The baht is forecast to trade between 34.10 and 34.45 per US dollar this week, which would be its strongest level in 21 months, according to Bank of Ayudhya. The outlook follows comments from President Trump that the greenback was stronger than he wanted and that the Federal Reserve should hold rates steady.

- Date: 2017-04-17 · published 2017-04-17T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/71749-baht-expected-to-strengthen-to-21-month-high
- 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 against the dollar lowers the local-currency cost of imported feed ingredients for Thailand and tends to pressure Thai export competitiveness; for feed buyers it is a currency signal rather than a direct grain driver.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-03-16 | [Baht strengthens](https://feedsoft.ai/events/54389-baht-strengthens.md) | +3.7% | +1.4% |
| DXY | 2018-01-25 | [Chinese yuan strengthens to 27-month high against USD Thursday](https://feedsoft.ai/events/11866-chinese-yuan-strengthens-to-27-month-high-against-usd-thursday.md) | -0.3% | +0.7% |
| DXY | 2023-12-28 | [Baht continues to strengthen as gold price rises](https://feedsoft.ai/events/32970-baht-continues-to-strengthen-as-gold-price-rises.md) | +1.0% | +1.8% |
| DXY | 2025-09-18 | [Brazilian Real Strengthens to Over 1-Year High](https://feedsoft.ai/events/23089-brazilian-real-strengthens-to-over-1-year-high.md) | +0.8% | +1.3% |
| DXY | 2017-07-28 | [Thai baht surges to 27-month high - ThaiResidents.com - Thai Local News - Thai News](https://feedsoft.ai/events/70243-thai-baht-surges-to-27-month-high-thairesidents-com-thai-local-news-thai-news.md) | -0.3% | -0.4% |

## Sources

- nationthailand.com: https://www.nationthailand.com/in-focus/30312491

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