Nice to see USD vs Baht in rebound mode this month!

[Pawpcorn]

Naturally it waited until just after the US Social Security payment exchange, before coming back to life, 555.

????

[EVENKEEL]

Absolutely

[KhunBENQ]

USD, EUR and GBP checked.

All rising from February 12.

Don't know what's behind.

Is the over enthusiastic view of Thai economy fading?

[nigelforbes]

4 minutes ago, KhunBENQ said:

USD, EUR and GBP checked.

All rising from February 12.

Don't know what's behind.

Is the over enthusiastic view of Thai economy fading?

Nope, the Dollar is strengthening on the back of new inflation concerns:

 

 

[nigelforbes]

Here's a better one:

https://www.marketwatch.com/investing/index/dxy

 

 

 

[Everyman]

All fools that thought the US Federal Reserve was done raising interest rates are now realizing that rates will be north of 7% in a year. 

[Hamus Yaigh]

19 minutes ago, Everyman said:

All fools that thought the US Federal Reserve was done raising interest rates are now realizing that rates will be north of 7% in a year. 

Doubt it. Current forecast is for next three rate increases of 25 points to a max  5.5% then we wait.

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html

[KhunLA]

35 is better than 30, but still way down compared to when I arrived back in Sept/Oct 2000

 

Hope it stays at 35+ till after SS drops in my account this week, usually the 3rd (Friday) ????

[dingdongrb]

Shhhhhhh.... don't jinx it.

[Everyman]

18 hours ago, Hamus Yaigh said:

Doubt it. Current forecast is for next three rate increases of 25 points to a max  5.5% then we wait.

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html

There’s no way the fed can fix its mess without raising interest rates higher than inflation. 

[nigelforbes]

20 hours ago, Everyman said:

All fools that thought the US Federal Reserve was done raising interest rates are now realizing that rates will be north of 7% in a year. 

Nobody thought the Fed was done raising rates but many did think they knew what the terminal rate would be. Tbh they could easily have been right, the difference is only half a percent.