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Exchange Rate Forecast ?


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I think we may all have a pleasant surprise very soon.

According to BOT, Thailand was not touched by world economic crisis because Thai banks were not exposed to USA market

Now with Euro problems, they are claiming Thai banks are not exposed to Euro markets

so what markets are they exposed to?

Government is hiring USA firm to help economy=must have real problems

tourism is down and so is everything else.

so i think very soon, we will wake up to a brand new world(well i hope so anyway)

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I just used a method used by so called currency exchange experts...I flipped a coin 10 times and it came up heads 6 times and tails 4 times... this means the pound will appreciate against the baht a little. Standby for tomorrow's forecast as I flip the coin 10 times at 9:00am tomorrow morning. ;)

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There were rumours in the markets that the dollar will be sold off during the winter months, as the Baht is linked to the $ it could get back upto the mid 50's in a few months time, But don't hold your breath.

All right!!!...Rumors about what will happen months down the road....I'll stick with coin flipping.

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  • 3 weeks later...

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