# Thai baht strengthens to weekly high of 33.62 per dollar on dollar selling

> The Thai baht closed at 33.64 per US dollar on November 4, its strongest level in a week, after touching 33.62 intraday. Dollar selling followed Democratic wins in the US midterm elections, which markets expect to constrain Trump's tax-cut and spending agenda. Gold gains and foreign inflows into Thai bonds also supported the baht.

- Date: 2026-11-04 · published 2026-11-04T12:09:24.532Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/79629-thai-baht-strengthens-to-weekly-high-of-33-62-per-dollar-on-dollar-selling
- 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 such as soybean meal and corn priced in USD, easing margins for Thai feed buyers. The move is driven by currency and political flows rather than agricultural supply.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-06-21 | [Thai Baht hits six year high - 31.05 to the US dollar \| Thaiger](https://feedsoft.ai/events/58869-thai-baht-hits-six-year-high-31-05-to-the-us-dollar-thaiger.md) | -0.1% | +0.1% |
| DXY | 2020-06-11 | [Baht strengthens as dollar falls after Fed meeting](https://feedsoft.ai/events/52893-baht-strengthens-as-dollar-falls-after-fed-meeting.md) | +1.2% | +0.8% |
| DXY | 2019-06-20 | [Sterling heads higher on weaker dollar](https://feedsoft.ai/events/58853-sterling-heads-higher-on-weaker-dollar.md) | -1.1% | -0.8% |
| DXY | 2017-04-17 | [Baht expected to strengthen to 21-month high](https://feedsoft.ai/events/71749-baht-expected-to-strengthen-to-21-month-high.md) | +0.2% | +0.2% |
| DXY | 2024-03-20 | [Dollar weakens after Fed meeting, yen strengthens](https://feedsoft.ai/events/31389-dollar-weakens-after-fed-meeting-yen-strengthens.md) | +0.1% | +1.8% |

## Sources

- thansettakij.com: https://www.thansettakij.com/finance/672977

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