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Posted

Others may object, but as far as I'm concerned there's only one trade on earth, and that is the USD trade. Just about every other market tracks it or is inversely corelated.

Posted
Others may object, but as far as I'm concerned there's only one trade on earth, and that is the USD trade. Just about every other market tracks it or is inversely corelated.

the correlation does indeed exist. but discussing this topic is like discussing "what was first, hen or egg?"

Posted

So basically, the USD is back to about what it was one year ago vs. the Thai baht...

It's nice to see it moving in the right direction..for a change....

I have been wondering, though, why the sudden upward movement of late...

Outlook for future U.S. inflation and interest rates eventually coming out of the basement???

Posted (edited)

Baht 50,416 to 1 Euro

Baht 31,870 to 1 US $

Baht 62,740 to 1 GBP

LaoPo

Edited by LaoPo
Posted
Baht 50,416 to 1 Euro

Baht 31,870 to 1 US $

Baht 62,740 to 1 GBP

LaoPo

The Australian dollar AUD is now 30.0 to 30.2 THB date 21/05/2008 BBL. Soon it will be on a par with the USD, but for how long?

  • 3 weeks later...
Posted

Baht 52.349 to 1 Euro = highest rate in 12 months

Baht 33.125 to 1 US $

Baht 65.240 to 1 GBP

as of Friday evening June 6th ca. 10.00PM

LaoPo

Posted
Euro - G B P - U S D Versus Thai Baht

12 month charts

post-13995-1213008747_thumb.png 52,50 Baht to 1 Euro

post-13995-1213008776_thumb.png 65,68 Baht to 1 GBP

post-13995-1213008793_thumb.png 33,235 Baht to 1 USD

As of ca. 12.00/NOON PM London time Monday June 9th, 2008

source: http://newsvote.bbc.co.uk/2/shared/fds/hi/...678/default.stm

LaoPo

Yeah? And?

From the point of view of someone living in Thailand, those charts are on the wrong side of Forex transactions - you need the rates for moving money the other way

:o

..... and they're only 11-months, not 12 months, the data for June last year is missing :D

:D

Posted
..... and they're only 11-months, not 12 months, the data for June last year is missing :D

:o

Send your complaints to the BBC :D

LaoPo

Posted

go to everbank.com and read the (daily Pfenning ) They trade in different curriences that you can buy and give the reasion why they change in value. UK prices are falling like a rock since the bank failure 6 months ago, and the

brits are more in debt then americans. Americans are in debt 125 % of there yearly income, The brits are 150% in

debt per yearly income. I was surprised to read that, thought we were the most debt crazy in world. That is why

there lb is going down. You cant lower interest rates and except a strong currience. That has made US double bad just kept lowering the interest rate to 2% and euro raised theres . Last week said they were going to raise again, it loses jobs but makes strong currience. UK oil is going down in volume also hurts value of currience. good luck

Posted
Euro - G B P - U S D Versus Thai Baht

12 month charts

post-13995-1213008747_thumb.png 52,50 Baht to 1 Euro

post-13995-1213008776_thumb.png 65,68 Baht to 1 GBP

post-13995-1213008793_thumb.png 33,235 Baht to 1 USD

As of ca. 12.00/NOON PM London time Monday June 9th, 2008

source: http://newsvote.bbc.co.uk/2/shared/fds/hi/...678/default.stm

LaoPo

Yeah? And?

From the point of view of someone living in Thailand, those charts are on the wrong side of Forex transactions - you need the rates for moving money the other way

:o

I would imagine that the majority of TV members reading this thread have income in EUR/GBP/USD. In this case, wouldn't it be of interest how many THB you get for your EUR/GBP/USD? Maybe you make your money in THB and convert them to support your aging mother, but if so I think you are in a minority :D

..... and they're only 11-months, not 12 months, the data for June last year is missing :D

:D

If you have a closer look at the graphs, you'll find that they indeed cover twelve months, from 10 June 2007 to 9 June 2008. The vertical supporting lines come every second month, not every month :D

/ Priceless

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