US Dollar vs Thai Baht
USDTHB
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.006
Contract Size Currency per 1 Lot Symbol
USD 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| November 10 | Tuesday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 09:00 |  US | USD | Fed's Waller speech | MEDIUM | |||||||||
| 11:00 | US | USD | NFIB Business Optimism Index | LOW | 97.9 | 97.7 | |||||||
| 13:15 | US | USD | ADP Employment Change 4-week average | MEDIUM | 16.8 | ||||||||
| 13:30 | US | USD | Consumer Price Index (MoM) | HIGH | 0.6 | 0.3 | |||||||
| 13:30 | US | USD | Consumer Price Index (YoY) | HIGH | 3.7 | 3.9 | |||||||
| 13:30 | US | USD | Consumer Price Index Core s.a | LOW | 338.9 | ||||||||
| 13:30 | US | USD | Consumer Price Index ex Food & Energy (MoM) | HIGH | 0.3 | 0.2 | |||||||
| 13:30 | US | USD | Consumer Price Index ex Food & Energy (YoY) | HIGH | 2.6 | 2.8 | |||||||
| 13:30 | US | USD | Consumer Price Index n.s.a (MoM) | LOW | 336.94 | 337.02 | |||||||
| 13:55 | US | USD | Redbook Index (YoY) | LOW | 10.4 | 9.3 | |||||||
| 17:00 | US | USD | USDA WASDE Report | LOW | |||||||||
| 18:00 | US | USD | 10-Year Note Auction | LOW | 5.3 | ||||||||
| 20:30 | US | USD | Fed's Bowman speech | MEDIUM | |||||||||
| 21:30 | US | USD | API Weekly Crude Oil Stock | LOW | -5.267 | ||||||||
| 23:30 | US | USD | Fed's Bowman speech | MEDIUM | |||||||||
FAQ
USD/THB is the foreign exchange (forex) pair representing the exchange rate between the United States dollar (USD) and the Thai baht (THB). In this currency pair, USD is the base currency, while THB is the quote currency. The exchange rate indicates how much Thai baht is needed to purchase one United States dollar.
For example, if the USD/THB exchange rate is 32.50, it means that 1 USD is equivalent to 35.02 THB.
The exchange rate between the United States dollar (USD) and the Thai baht (THB) can be influenced by a variety of factors, including:
US Federal Reserve and Bank of Thailand Interest Rate decisions can affect the exchange rate and potentially increase demand for the country's currency, leading to an appreciation of its value. If the US Federal Reserve raises interest rates, for instance, it can lead to a stronger USD against the THB.
Other factors that could affect the value of the USD/THB pair are the trade balance between the two countries and other major economic indicators such as Gross Domestic Product (GDP) growth, inflation, and the employment rate. A strong economic performance can attract investment and increase a currency’s value, while weak economic data could lead to currency depreciation.
Thai government interventions can directly intervene in the foreign exchange market to stabilise the baht's value, particularly during periods of extreme volatility. These interventions involve buying or selling foreign currencies to influence the supply and demand dynamics in the market. By doing so, the government aims to maintain a stable exchange rate and protect the country's export competitiveness.
Thailand is heavily reliant on exports and tourism. The demand for Thai goods and services from other countries, as well as the number of tourists visiting Thailand, can impact the economy. Events like global economic downturns or geopolitical tensions can lead to fluctuations in these sectors and affect the value of the Thai baht.
Thailand is susceptible to natural disasters such as floods and droughts, which can disrupt agricultural production, supply chains, and overall economic activity.
- US Federal Reserve and Bank of Thailand Interest Rate decisions and monetary policy announcements
- US and Thai data on Trade Balance, Unemployment Rate, Consumer Price Index (CPI), GDP, and manufacturing and services Purchasing Managers Index (PMI)