# Krungsri expects baht to trade in 33.50-34.00 range, eyes Fed's signal on further rate hikes

> Krungsri forecasts the baht will trade between 33.50 and 34.00 per dollar this week (November 2-6), after closing last week at 33.69. The bank notes the Fed held at 3.75-4.00% with two members favouring a further hike, and that the ECB and BoJ also held rates.

- Date: 2026-11-02 · published 2026-11-02T21:12:31.425Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/75936-krungsri-expects-baht-to-trade-in-33-50-34-00-range-eyes-fed-s-signal-on
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further Fed tightening support the dollar and raise dollar-priced feed import costs in emerging Asia, a mild headwind for importers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-12-30 | [Krungsri expects the baht to trade in the range of 67-33.75 baht/dollar at the end of 34.50 - Money & Banking Magazine](https://feedsoft.ai/events/27247-krungsri-expects-the-baht-to-trade-in-the-range-of-67-33-75-baht-dollar-at-the.md) | +0.1% | -0.1% |
| DXY | 2023-03-07 | [Oil and Gold Prices Slump As Powell Signals Further Rate Hikes to Come - Markets Insider](https://feedsoft.ai/events/36780-oil-and-gold-prices-slump-as-powell-signals-further-rate-hikes-to-come-markets.md) | +0.3% | -1.0% |
| DXY | 2017-05-03 | [U.S. Federal Reserve holds rate, but signals further hikes ahead - Financial Post](https://feedsoft.ai/events/71187-u-s-federal-reserve-holds-rate-but-signals-further-hikes-ahead-financial-post.md) | +0.6% | -1.2% |
| DXY | 2018-10-30 | [BOT expected to hike key interest rate](https://feedsoft.ai/events/62795-bot-expected-to-hike-key-interest-rate.md) | -0.2% | +0.8% |
| DXY | 2018-09-28 | [Fed rate hike has effect on forex trading in China - CGTN](https://feedsoft.ai/events/63268-fed-rate-hike-has-effect-on-forex-trading-in-china-cgtn.md) | +0.6% | +1.3% |

## Sources

- ava.fund: https://ava.fund/news/krungsri-expects-baht-to-trade-in-33-50-34-00-range-eyes-fed-s-signal-on-further-02112026

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