StayinThailand2much Posted February 15, 2022 Share Posted February 15, 2022 (edited) On 11/9/2021 at 9:01 AM, KarenBravo said: Thai trade surplus and a hawkish central bank (according to what I've read). Supposedly, the Fed starting to raise rates is 'bad' for the dollar. But, strangely, the U.S. dollar is still advancing in value compared to most other currencies, incl. Asian currencies. Then again, the Thai baht always seems to behave 'differently'... Edited February 15, 2022 by StayinThailand2much 1 Link to comment Share on other sites More sharing options...
lkn Posted February 15, 2022 Share Posted February 15, 2022 26 minutes ago, EricTh said: The 1st Feb tourism opening was the catalyst for the surge recently. Everyone should know that there will be no “surge” of tourists coming to Thailand, we already have the numbers from their previous Test & Go scheme, and new numbers would be expected to come in lower, because now Test & Go is more cumbersome/expensive, and there is now precedence for Thailand just suddenly shutting down the scheme with little information given to ticket holders about if and when they can go, plus all the bad PR about people arriving and being forced into self-paid quarantine and getting their vacation ruined, either because they tested positive, or was in a group with someone who did. More likely, money are flowing out of European and U.S. equities (as we can see, with equities down YTD) and into emerging markets (like Thailand). Look at the MSCI Thailand Index and it’s up 5.83% this year (in EUR). Link to comment Share on other sites More sharing options...
lkn Posted February 15, 2022 Share Posted February 15, 2022 (edited) 22 minutes ago, StayinThailand2much said: Supposedly, the Fed starting to raise rates is 'bad' for the dollar. But, strangely, the U.S. dollar is still advancing in value compared to most other currencies It should be good for the dollar, because dollar savings will yield higher interest compared to e.g. EUR savings. But it is bad for U.S. equities, because it gets more expensive to borrow money (and therefore it might indirectly be bad for USD if there are foreign investors who exit the U.S. market, or U.S. investors who look elsewhere for investments). But that is looking at things in a vacuum, other countries will also take measures to fight inflation, and markets are complex with everything being about what everyone else thinks will happen over the next 3 months… so it’s rarely as simple as cause and effect, although occasionally we get these “shocks” where suddenly the entire sentiment changes, and then everyone wants out of tech stocks or what have you… Edited February 15, 2022 by lkn Link to comment Share on other sites More sharing options...
whiteman Posted February 15, 2022 Share Posted February 15, 2022 N.Z. DOLLAR DOWN 10% 21.5 ???? Link to comment Share on other sites More sharing options...
StayinThailand2much Posted February 15, 2022 Share Posted February 15, 2022 11 minutes ago, whiteman said: N.Z. DOLLAR DOWN 10% 21.5 ???? I just bought Kiwi dollars at 22.05 for my next trip. Should have waited... Link to comment Share on other sites More sharing options...
fusion58 Posted February 17, 2022 Share Posted February 17, 2022 USD - THB 31.18 at time of post. Where is the ceiling for the Baht? 1 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted February 17, 2022 Share Posted February 17, 2022 14 minutes ago, fusion58 said: USD - THB 31.18 at time of post. Where is the ceiling for the Baht? USD down 4% on Baht, so far this month. Makes you wonder… Link to comment Share on other sites More sharing options...
3NUMBAS Posted February 17, 2022 Share Posted February 17, 2022 tons of tea money from somwhere?? 1 Link to comment Share on other sites More sharing options...
david555 Posted February 19, 2022 Share Posted February 19, 2022 Euro is "melting " good ....at 36,15 value ???? T.T. Currency Exchange (ttexchange.com) Link to comment Share on other sites More sharing options...
Sparktrader Posted February 26, 2022 Share Posted February 26, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 26, 2022 Share Posted February 26, 2022 Very choppy Link to comment Share on other sites More sharing options...
Sparktrader Posted February 26, 2022 Share Posted February 26, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted February 26, 2022 Share Posted February 26, 2022 Aud going up Inflation i guess Link to comment Share on other sites More sharing options...
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