Wonderful to see the $ rate going up a little, anybody have any idea how far it's predicted to climb?

anybody have any idea how far it's predicted to climb?

experts predict "at least if not more."

anybody have any idea how far it's predicted to climb?

experts predict "at least if not more."

Ha! You actually sound like an expert Do you also do weather forecasts?

Most currencies are appreciating against the baht as it gets sold off.

Wait until oil is being sold in something other than US$. When that happens there is no support for the dollar anymore and it goes to zero worth. Starting a few more wars to prevent that will be increasingly difficult.

anybody have any idea how far it's predicted to climb?

experts predict "at least if not more."

Ha! You actually sound like an expert Do you also do weather forecasts?

as a matter of fact... i do. high temperatures in the Pattaya area tomorrow between 28 and 35ºC, rain less than 50mm per m² (100% correctness guaranteed).

joke aside. as Khun Jean mentioned already we are not seeing a Dollar strength but a Dollar weakness vs. main currencies such as EUR, GBP, JP¥ and SGD but US-Dollar is gaining vs. Baht and various other emerging market currencies (which are now slowly recovering).

offshore in the early morning the Baht traded at 31.15, now we are back to 30.81.

The consensus of expert opinions is that the dollar will trade in a range of 28-32 baht over the next year. I hope that helps. Beyond that is purely guess work.

Wait until oil is being sold in something other than US$. When that happens there is no support for the dollar anymore and it goes to zero worth. Starting a few more wars to prevent that will be increasingly difficult.

I think you will be waiting a very, very, very long time....