Jump to content

Isaan sailor

Advanced Member
 View Profile  See their activity

  • Posts

    4,071

  • Joined

  • Last visited

 Content Type 

Everything posted by Isaan sailor

  1. Isaan sailor
    Bank of Thailand should move closer to a floating peg of the USD, like Vietnam does. Baht starting to rise, and would hurt the economy even more.
  2. Isaan sailor
    Vietnam will eat Thailand’s lunch.
  3. Isaan sailor
    The pendulum has swung right. It’s about time.
  4. Isaan sailor
    Strange; from the 2020 election to this one, there few 15,000,000 million fewer ballots cast. And we were told the 2020 election was the most secure ever…
  5. Isaan sailor
    I just hope we have a fair election. No ballot harvesting, uncompromised vote counting machines, clean voter rolls and voting by American citizens only.
  6. Isaan sailor
    Kinda like the cameras watching Epstein’s cell…
  7. Isaan sailor
    Good explanation. Thanks for the link.
  8. Isaan sailor
    I would much prefer they tax tourists (and returning expats) a little, than the expats income.
  9. Isaan sailor
    So no direct correlation of Tradingview USD prices to Wise USD/Baht. That would make sense. There must be other factors at play. Thanks for responding.
  10. Isaan sailor
    Agree with your suggestions. It does seem, however that forex Tradingviews of USD don’t correlate with actual exchange rates of USD/Baht. Today we see a USD at 104.37 with a Wise price of 33.71. Yet on July 24, we saw USD at the same 104.37–and Wise showed 35.15 USD/Baht. Have the parameters changed? Or did foreign inflows buoy up the Baht this month? Not complaining here—just a bit confused
  11. Isaan sailor
    Baht valuation makes no sense. It doesn’t follow international trading trends—should be much lower than now. I think foreign currency inflows have a direct bearing on Baht valuation. Data from Bank of Thailand seems to confirm this.
  12. Isaan sailor
    If it sticks, could be the final nail in the coffin for Thailand. That, plus the crazy Baht valuation today—-DXY Tradingview shows USD at an 11-week high. The last time it hit 103.60 we had an exchange rate near 34. on the USD/Baht. Today, we have uSD at 33.14.
  13. Isaan sailor
    Yup—stocks up, Baht up. And visa versa.
  14. Isaan sailor
    Don’t forget, we also have fentanyl coming into the US, as a result
  15. Isaan sailor
    Tough border policy—yeah, right.
  16. Isaan sailor
    Before my time. But I’d be happy with another peg to the Dollar—about 34 or 35 sounds right.
  17. Isaan sailor
    No worries, Bank of Thailand assures us they will watch the Baht rise, and take appropriate action if necessary. They will probably reduce interest rates 1/4%. That should pump up western currencies but only a few Satang.
  18. Isaan sailor
    Good answer, and straight forward too. Thank you. Still not sure why USD tanked with Baht on Friday, yet rose on the Dong. as well as on the DXY Tradingview.
  19. Isaan sailor
    No. You got nothing better.
  20. Isaan sailor
    Thank you for this linked info. Bank of Thailand has experienced unusual inflows recently. However they won’t say where the inflows originate, I think there’s an 800 pound gorilla in the room—-Chinese investment money. Prove me wrong.
  21. Isaan sailor
    Is the Boht overpriced on USD? Look at the ten year average USD/Baht rate: 33.20. Yes, it is now overpriced. And look what USD did yesterday vs Viet Nam Dong—it bounced up—not down like in Thailand.
  22. Isaan sailor
    All kidding aside, why does the Baht have an inverse value to the USD and other western currencies? Why can’t the Baht go down when western currencies go down? I hardly think the Baht can be considered “risk on” and such a compelling value for traders.
  23. Isaan sailor
    Personally, I hope the Baht swiftly rises to parity with the USD. That way, my Thai wife and I can move to America as millionaires!
  24. Isaan sailor
    It’s crazy. US Fed cut interest rates 50 basis points—and US stocks relaxed, and the USD went up. I give up trying to understand currency traders.
  25. Isaan sailor
    Why does the Baht have an inverse pricing to most, if not all western currencies? When the western currencies go down—why can’t the Baht go down along with them?

ASEANNOW

ASEANNOW (formerly Thai Visa) Thailand's oldest and most popular forum for expats and foreigners.

Sign up today and have your say

MORE INFO

POPULAR AREAS

CONTACT US

219/59 Asoke Towers, 15th Floor, Soi Sukhumvit 21, Watthana, Bangkok 10110
(+66) 99 196 1100
[email protected]

×
×
  • Create New...