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The Thai baht opened at 33.70 per US dollar, slightly stronger than the previous close of 33.76. The baht firmed overnight on optimism about US-Iran peace talks, which pushed crude oil lower and gave gold a small rebound.
A firmer dollar, supported by a strong October ISM manufacturing PMI, limited the baht's gains.
Lower crude and a firmer baht reduce Thailand's import costs for energy and feed inputs, while a stronger dollar raises the cost of dollar-priced grain and meal imports. The analyst expects two-way risk ahead of the US midterm elections and Fed policy.
zh-cn.moneyandbanking.co.thNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
