# Thai baht market: closes at 33.64, stronger than the morning on US election reaction, weaker dollar and gold support

> The baht closed at 33.64 per dollar, firmer than its 33.76 opening, after the US midterm results pointed to a likely Democratic majority in both chambers of Congress. The dollar weakened and world gold prices rose during the session. Analysts expect the baht to trade between 33.55 and 33.75 the next day.

- Date: 2026-11-04 · published 2026-11-04T12:09:25.028Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/79630-thai-baht-market-closes-at-33-64-stronger-than-the-morning-on-us-election
- 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 firmer baht and weaker dollar reduce the cost of USD-priced feed imports for Thailand, while the dollar weakness can modestly support dollar-denominated grain prices. The effect on feed prices is small and mainly financial.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-11-21 | [Gold marches ahead to the beat of a weaker US dollar](https://feedsoft.ai/events/33074-gold-marches-ahead-to-the-beat-of-a-weaker-us-dollar.md) | -0.6% | -0.7% |
| DXY | 2023-01-13 | [Krungthai reveals the value of the baht opening this morning. “Appreciated” 33.10 baht per dollar US inflation slows as the market expects - Money & Banking Magazine](https://feedsoft.ai/events/38068-krungthai-reveals-the-value-of-the-baht-opening-this-morning-appreciated-33-10.md) | -0.1% | +0.6% |
| DXY | 2023-03-13 | [Thai baht climbs as Asian currencies gain on weak US dollar](https://feedsoft.ai/events/37133-thai-baht-climbs-as-asian-currencies-gain-on-weak-us-dollar.md) | +0.3% | -1.6% |
| DXY | 2025-08-05 | [Thai Baht Surges as Dollar Weakens, Threatening Export Competitiveness](https://feedsoft.ai/events/23578-thai-baht-surges-as-dollar-weakens-threatening-export-competitiveness.md) | -0.2% | -0.2% |
| DXY | 2020-07-29 | [US dollar teeters, gold takes a breather as markets await Fed \| The Straits Times](https://feedsoft.ai/events/52031-us-dollar-teeters-gold-takes-a-breather-as-markets-await-fed-the-straits-times.md) | +0.4% | -0.4% |

## Sources

- infoquest.co.th: https://www.infoquest.co.th/2026/674129

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