USD/THB

USD/THB CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the US Dollar against the Thai Baht.  

The US Dollar is the world's primary reserve currency and the most widely traded currency globally. Its value is influenced by US economic performance, Federal Reserve monetary policy, and global economic sentiment.  

The Thai Baht, issued in Thailand, is influenced by Thailand's economic performance, which includes factors like tourism, exports, and foreign investment. The Bank of Thailand's monetary policy also plays a role in the Baht's value. The USD/THB currency pair will be influenced by the relative economic performance and monetary policies of the United States and Thailand.