Speculation on the Baht

[brit1984]

in the medium term, i expect thai baht will depreciate versus the deutschmark

[Naam]

in the medium term, i expect thai baht will depreciate versus the deutschmark

as well as versus shrinkheads and cowrie shells.

[i claudius]

in the medium term, i expect thai baht will depreciate versus the deutschmark

I bet a lot of Germans still wished they had the deutschmark

[Tchooptip]

The Euro will rise or fall against the Baht.

and if it doesn't rise or fall the rate will remain steady... i think

Yes but possibly steady for very very short time

[davejones]

Bitcoin is doing well. One guy in UK had £4.6million worth on his hard drive but threw it away. If you want to help him search teh local tip, I'm sure he'll give you a nice cut if you find it. http://www.bbc.co.uk/news/uk-wales-south-east-wales-25134289

GBP also doing well - 20% improvement since April. Yipee, I'm 20% richer.

[bigbamboo]

More to do with uncertain Baht. If Thais raise interest rates then reality will kick in.

Bank of Thailand lowered its key interest rate from 2.5 to 2.25% Wednesday afternoon. That probably caused most of the baht depreciaton that occured Wednesday afternoon (versus the protests) and will probably carry-on into today/Thursday. But when it comes to Forex flipping a coin may be as good a predicter as anything else.

Sent from my Onda V971 tablet

I used to be in that game and you're not so far off the truth as some might imagine!

IMO the latest Thai crisis will peter out and the baht will regain some but not all of it's recent losses.