Mavideol Posted June 4, 2022 Share Posted June 4, 2022 23 hours ago, Baron Samedi said: If the dollar appreciates relative to the baht then the baht depreciates relative to the dollar. it should but unfortunately it's not happening Link to comment Share on other sites More sharing options...
metisdead Posted June 4, 2022 Share Posted June 4, 2022 (edited) Off topic posts and replies have been removed. Please remember this topic is about the Depreciation of the Thai Baht. A post comment on moderation has been removed. Edit: If the OP wants to discuss the depreciation of the Laos Kip, perhaps he can open a topic in the Laos General Chat forum. Edited June 4, 2022 by metisdead Link to comment Share on other sites More sharing options...
Sparktrader Posted June 4, 2022 Share Posted June 4, 2022 2 hours ago, Mavideol said: it should but unfortunately it's not happening Link to comment Share on other sites More sharing options...
Sparktrader Posted June 4, 2022 Share Posted June 4, 2022 Looks like usd running out of steam Link to comment Share on other sites More sharing options...
Chivas Posted June 5, 2022 Share Posted June 5, 2022 On 6/3/2022 at 11:48 AM, salavan said: And the pound down down over the last 15 years ....and the reason for a large part of that difference is down to Sterling/Dollar as I mentioned earlier Start of 2005 $1.87 Today $1.25 (Sterling/Dollar) x (Dollar/Baht) is the number crunch for Sterling/Baht Movement in either pairing effects the bottom line and in the case of the first pairing further words are superfluous Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 Oz Rba expected to lift rates tues Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 25.95 target 1 Link to comment Share on other sites More sharing options...
timendres Posted June 5, 2022 Share Posted June 5, 2022 On 6/4/2022 at 7:35 PM, Sparktrader said: Looks like usd running out of steam I suspect that the USD (as defined by the DXY index) is only pausing before it continues upward. The world is awash in USD denominated debt, and the Fed is tightening the money supply. Until the Fed reverses course, the dollar will continue to move higher. Especially relative to the EUR, GBP, and JPY. Relative to the THB is less clear. 3 minutes ago, Sparktrader said: 25.95 target That target (I assume you mean USD/THB), while possible, will not be happening anytime soon. I believe 36 baht to the dollar will happen first. Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 1 minute ago, timendres said: I suspect that the USD (as defined by the DXY index) is only pausing before it continues upward. The world is awash in USD denominated debt, and the Fed is tightening the money supply. Until the Fed reverses course, the dollar will continue to move higher. Especially relative to the EUR, GBP, and JPY. Relative to the THB is less clear. That target (I assume you mean USD/THB), while possible, will not be happening anytime soon. I believe 36 baht to the dollar will happen first. Aud Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 2 minutes ago, timendres said: I suspect that the USD (as defined by the DXY index) is only pausing before it continues upward. The world is awash in USD denominated debt, and the Fed is tightening the money supply. Until the Fed reverses course, the dollar will continue to move higher. Especially relative to the EUR, GBP, and JPY. Relative to the THB is less clear. That target (I assume you mean USD/THB), while possible, will not be happening anytime soon. I believe 36 baht to the dollar will happen first. Aud Rba exp to raise rates 0.4% on tues Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 Good for holiday!!!!@ I need one <deleted> 3 yrs Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 35.6 target usd Link to comment Share on other sites More sharing options...
timendres Posted June 5, 2022 Share Posted June 5, 2022 5 minutes ago, Sparktrader said: Aud Rba exp to raise rates 0.4% on tues Right. The Aussie is showing strength against the Baht, and I would expect that will continue. Once China gets back on its feet, which may be a while yet, it should do even better. Link to comment Share on other sites More sharing options...
Sparktrader Posted June 5, 2022 Share Posted June 5, 2022 Iron ore and nickel tipped to rise. Maybe 28 baht next 12 months 1 Link to comment Share on other sites More sharing options...
dj230 Posted June 5, 2022 Share Posted June 5, 2022 My investment sources have been forcasting usd to roll over soon, not sure about Thai baht but long term they also forcasting usd to go up should a global recession occur. Link to comment Share on other sites More sharing options...
ericthai Posted June 5, 2022 Share Posted June 5, 2022 On 6/1/2022 at 9:03 PM, crazykopite said: When I arrived in Thailand in 2005 the Thai baht to the £ was 74 I felt like a millionaire today it’s 43 I feel like a pauper I’ve always believed that the baht is manipulated and nothing will change my mind When I first came to Thailand (early 90's) THB to USD was 25, so I'm still happy it's not that low anymore. 97/98 was the best years with a high of 52 THB to the USD, unfortunately I doubt we will ever see those rates again. Link to comment Share on other sites More sharing options...
Chivas Posted June 6, 2022 Share Posted June 6, 2022 13 hours ago, Sparktrader said: 25.95 target Dont give up the day job.......it hasnt been at that low level since the peg was removed in 1997 at 25 Link to comment Share on other sites More sharing options...
Sparktrader Posted June 6, 2022 Share Posted June 6, 2022 Just now, Chivas said: Dont give up the day job.......it hasnt been at that low level since the peg was removed in 1997 at 25 It was 19 before. Link to comment Share on other sites More sharing options...
Sparktrader Posted June 6, 2022 Share Posted June 6, 2022 Link to comment Share on other sites More sharing options...
Sparktrader Posted June 6, 2022 Share Posted June 6, 2022 18.2 in 2020 Link to comment Share on other sites More sharing options...
Henryford Posted June 6, 2022 Share Posted June 6, 2022 13 hours ago, dj230 said: My investment sources have been forcasting usd to roll over soon, not sure about Thai baht but long term they also forcasting usd to go up should a global recession occur. Sounds like a really reliable source, it could go up or down !! 1 Link to comment Share on other sites More sharing options...
ianguygil Posted June 6, 2022 Share Posted June 6, 2022 Trade-weighted effective exchange rate index - Wikipedia Link to comment Share on other sites More sharing options...
Baron Samedi Posted June 8, 2022 Author Share Posted June 8, 2022 (edited) THB still depreciating. 1EUR = 37THB ???? Good times ahead ???? Not as good as Laos though... ???? Covid crisis over. USD back to normal. SE Asia is gonna get a boost from those rates. Many tourists incoming if we stay on that trajectory. I'm so pumped right now ???? Edited June 8, 2022 by Baron Samedi Link to comment Share on other sites More sharing options...
Sparktrader Posted June 9, 2022 Share Posted June 9, 2022 Rba rates up 0.5% Link to comment Share on other sites More sharing options...
Excel Posted June 9, 2022 Share Posted June 9, 2022 16 hours ago, Baron Samedi said: THB still depreciating. 1EUR = 37THB ???? Good times ahead ???? Not as good as Laos though... ???? Covid crisis over. USD back to normal. SE Asia is gonna get a boost from those rates. Many tourists incoming if we stay on that trajectory. I'm so pumped right now ???? Not so sure 1 GBP = still only at 43.15 THB on XE.com Link to comment Share on other sites More sharing options...
Baron Samedi Posted June 9, 2022 Author Share Posted June 9, 2022 1 hour ago, Excel said: Not so sure 1 GBP = still only at 43.15 THB on XE.com Indeed. That's odd... ???? Consequence of Brexit? I dunno... Link to comment Share on other sites More sharing options...
Excel Posted June 9, 2022 Share Posted June 9, 2022 2 minutes ago, Baron Samedi said: Indeed. That's odd... ???? Consequence of Brexit? I dunno... A lot of it is due to Brexit and the money markets lack of confidence in the British economy. 1 1 Link to comment Share on other sites More sharing options...
Padthaigoong Posted June 9, 2022 Share Posted June 9, 2022 I saw a report on Bloomberg earlier today that said analysts believe the BOT will begin hiking rates in August this year and expect them to rise to around 2% by this time next year. 1 Link to comment Share on other sites More sharing options...
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