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Thai baht’s unexpected surge makes a splash, takes the lead in Asian currency gains


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3 hours ago, fulhamster said:

Any idea on "how long" that will be ?

Many months or even a year or 2 as per charts.  No one can give a firm answer.  If SPX crashes, as technicals indicate, or if a nuclear war starts in Europe or China invades Taiwan, etc., all factors that  effect currencies.

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41 minutes ago, kevin612 said:

Baht is a strong currency, because the government controls its currency 

All governments manage and manipulate their particular fallacious currencies. 

Part and parcel of the fanciful existence that we participate in for ages. 

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14 hours ago, Lingba said:

and with the latest news of the MP being told to step down and protestors about wreck havoc on the streets...the baht will plunge...yippeeee

I hope that was sarcasm................otherwise, don't give up the day job.

 

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