Thai High-Risk Groups Urged to Get Covid-19 Boosters

[pj123]

I have been watching the Dollar/Baht Exchange rate on the Yahoo Finance site and there is a regular pattern that shows the Baht at its strongest on the Monday, the value decreases during the week and then climbs back up either on the Friday or the Monday.

See the attached screenshot. All the low points in the chart are on Mondays.

Is this worth considering when timing payment of supply contracts in $ via a Thai bank? Or are these charts too simplistic to be used as a guide?

[manarak]

it's more likely a bug in the data feed on which the graph is based.

here is a better source:

http://www.xe.com/currencycharts/?from=USD&to=THB&view=1M

[lannarebirth]

It is probably more worth considering that the $USD:THB once traded at $1:20 and that currencies and other financial instruments tend to test resistance at some point.

[pj123]

it's more likely a bug in the data feed on which the graph is based.

here is a better source:

http://www.xe.com/currencycharts/?from=USD&to=THB&view=1M

That chart is more useful. Friday would appear to be the best day to convert THB to $. Thank you.