# Thai baht opens at 33.60 per dollar as the dollar hits a one-month low

> The baht opened at 33.60 per dollar against 33.64 at the prior close. The dollar fell to a one-month low after the Democrats' sweeping midterm victory, and crude oil dropped more than 8% on expectations that the US-Iran war could end sooner. Gold rose about 3%, and US ADP private payrolls for October beat forecasts at 86,000.

- Date: 2026-11-05 · published 2026-11-05T03:10:42.285Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/81041-thai-baht-opens-at-33-60-per-dollar-as-the-dollar-hits-a-one-month-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

A weaker dollar and lower crude reduce the cost of dollar-priced feed imports for Asian buyers. Oil's sharp drop also removes some energy-driven pressure on feed and fertilizer costs.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-04-19 | [Goldman Sachs backs the euro as the dollar hits two-month lows](https://feedsoft.ai/events/47789-goldman-sachs-backs-the-euro-as-the-dollar-hits-two-month-lows.md) | -0.3% | -1.2% |
| DXY | 2024-08-26 | [Thai baht hits 13-month high against dollar on economic hopes - Nikkei Asia](https://feedsoft.ai/events/29095-thai-baht-hits-13-month-high-against-dollar-on-economic-hopes-nikkei-asia.md) | +0.7% | -0.0% |
| DXY | 2016-06-08 | [Wheat prices add over two percent as dollar plumbs one-month low](https://feedsoft.ai/events/9126-wheat-prices-add-over-two-percent-as-dollar-plumbs-one-month-low.md) | +1.0% | +1.5% |
| 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 | 2024-08-22 | [Baht hits 13-month peak as Bank of Thailand holds rates \| Thaiger](https://feedsoft.ai/events/29099-baht-hits-13-month-peak-as-bank-of-thailand-holds-rates-thaiger.md) | +0.0% | -0.4% |
| WTI | 2022-12-07 | [Canadian dollar holds near one-month low as Bank of Canada rate hike boost fades - The Globe and Mail](https://feedsoft.ai/events/38459-canadian-dollar-holds-near-one-month-low-as-bank-of-canada-rate-hike-boost.md) | +0.5% | -0.8% |
| WTI | 2020-02-03 | [Canadian dollar slides to two-month low as China virus hits oil demand - The Globe and Mail](https://feedsoft.ai/events/54810-canadian-dollar-slides-to-two-month-low-as-china-virus-hits-oil-demand-the.md) | -2.4% | -9.3% |
| WTI | 2021-12-15 | [Canadian dollar at nearly 3-month low as oil prices fall \| Reuters](https://feedsoft.ai/events/43853-canadian-dollar-at-nearly-3-month-low-as-oil-prices-fall-reuters.md) | +0.7% | +16.9% |

## Sources

- kaohoon.com: https://www.kaohoon.com/news/877954

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