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

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8 hours ago, flyingtlger said:

"Thai baht’s unexpected surge"

 

Hardly a surge......

You actually know the difference between a surge and a retreat?

 

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  • hotchilli
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    Thai politics are once again in turmoil post election due to the Junta's vice-like grip on the senate who choose who they want not the people.

  • RichardColeman
    RichardColeman

    I actually think it was due to manipulation, basically no movement between £ and $ and Euro, and more chaos than movement forwards in Thai PM situation. Does not make any sense other than a huge 'fina

  • Selling baht then?....

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

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. 

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

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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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