# Thai gains seen in US rate hike

> Thai analysts expected the US Federal Reserve to raise its benchmark rate at the close of its March 14 meeting, with a second hike later in the year. They said a stronger dollar would lift Thai exports and weaken the baht.

- Date: 2017-03-14 · published 2017-03-14T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/72257-thai-gains-seen-in-us-rate-hike
- 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 stronger dollar and weaker baht make Thai exports more competitive, but the effect on feed commodity prices is indirect. Dollar strength generally pressures dollar-priced grains and meal.

## Read by commodity

- DXY: bullish ▲
- USDTHB: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Dollar gains on Fed rate hike expectations](https://feedsoft.ai/events/39325-dollar-gains-on-fed-rate-hike-expectations.md) | -0.1% | -2.8% |
| DXY | 2018-09-18 | [Hike in US interest rate to put pressure on ringgit](https://feedsoft.ai/events/63306-hike-in-us-interest-rate-to-put-pressure-on-ringgit.md) | -0.3% | -0.0% |
| DXY | 2026-06-19 | [The Euro sinks on its own rate hike](https://feedsoft.ai/events/11515-the-euro-sinks-on-its-own-rate-hike.md) | +0.4% | +0.1% |
| DXY | 2018-06-13 | [Gold erases gains after Fed hikes interest rates](https://feedsoft.ai/events/64440-gold-erases-gains-after-fed-hikes-interest-rates.md) | +1.3% | +0.6% |
| DXY | 2018-09-28 | [Ringgit, KLCI down after US interest-rate hike](https://feedsoft.ai/events/63304-ringgit-klci-down-after-us-interest-rate-hike.md) | +0.6% | +1.3% |

## Sources

- nationthailand.com: https://www.nationthailand.com/business/30309109

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