# Thai baht market: opens at 33.54, firmer as the dollar weakens on US midterm results

> The baht opened at 33.54 per dollar, stronger than the previous evening's close of 33.64. The dollar weakened against most currencies after Democrats won both chambers of Congress, and the yen and euro also moved against the dollar. Bangkok Bank expects the baht to trade between 33.50 and 33.70.

- Date: 2026-11-05 · published 2026-11-05T03:10:42.384Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/81042-thai-baht-market-opens-at-33-54-firmer-as-the-dollar-weakens-on-us-midterm
- 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 and weaker dollar lower the local-currency cost of imported feed ingredients for Thai buyers. Analysts expect the US tariff outlook to stay unchanged, which limits near-term trade shocks.

## Read by commodity

- DXY: bearish ▼
- USDTHB: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-02-28 | [Baht gains more ground, as US dollar weakens](https://feedsoft.ai/events/54839-baht-gains-more-ground-as-us-dollar-weakens.md) | -0.5% | +4.3% |
| DXY | 2023-08-30 | [Rupee set to rise as US dollar, yields retreat after weak job openings - Market News \| The Financial Express](https://feedsoft.ai/events/34865-rupee-set-to-rise-as-us-dollar-yields-retreat-after-weak-job-openings-market.md) | +1.3% | +2.3% |
| 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 | 2025-08-14 | [Bangkok Post - Analysts expect baht to test 32 as US dollar weakens further](https://feedsoft.ai/events/23577-bangkok-post-analysts-expect-baht-to-test-32-as-us-dollar-weakens-further.md) | +0.5% | -0.1% |
| 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% |

## Sources

- infoquest.co.th: https://www.infoquest.co.th/2026/674279

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