Thai baht dropping big time!

[Naam]

Predicted that milk sales to rising middle classes will do to NZD what copper did to AUD, provided not another contamination scare.

you mean NZD will fall vs. USD 18% as did AUD during the last 12 months?

[FiftyTwo]

As I suggested on Friday, up to 53.4 again after the usual Friday afternoon dip.

[chiang mai]

As I suggested on Friday, up to 53.4 again after the usual Friday afternoon dip.

As proven previously there is no such thing as "the usual Friday afternoon dip".

http://www.thaivisa.com/forum/topic/612416-gbp-to-thb-exchange-rate/page-59#entry6892705

But indeed GBP is "up" again against THB but UK markets haven't yet come into play so perhaps best not to get too excited, the GDP announcement tomorrow will be the biggee I reckon.

[FiftyTwo]

54.6 again

[chiang mai]

54.27 TT rate at SCB currently:

http://www.scb.co.th/scb_api/index.jsp

[chiang mai]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

[SheungWan]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

There's no reason to assume that it would have done.

[chiang mai]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

There's no reason to assume that it would have done.

You and I understand that, others do not.

[Naam]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

There's no reason to assume that it would have done.

You and I understand that, others do not.

my understanding is that the reason for GBPTHB <65 is a conspiracy of the green shirts.

[chiang mai]

Jeff Beck Group, 1972, name that song.

Mmmm!

[OnMyWay2]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

Not much movement but we've got 10 more months of tapering ahead of us. Lets see if it can hold up. Other EM's are tanking and Thailand needs to compete.

[chiang mai]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

Not much movement but we've got 10 more months of tapering ahead of us. Lets see if it can hold up. Other EM's are tanking and Thailand needs to compete.

Maybe ten, maybe twenty or more, there's nothing symmetrical about tapering necessarily.

Also, as Blakfien pointed out, seller cannot distinguish at present between one emerging market and another, sell everything that is emerging market they say, the herd instinct is in full play.

[onewhowalkswithbuffalo]

China slowdown, political crisis, money flowing out of Thailand like shit through a goose..........................hmmmmmmmmmmmmmm what is your take Albert ?

[chiang mai]

China slowdown, political crisis, money flowing out of Thailand like shit through a goose..........................hmmmmmmmmmmmmmm what is your take Albert ?

I can tell you where to buy tin hats, PM if interested!

[Naam]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

Not much movement but we've got 10 more months of tapering ahead of us. Lets see if it can hold up. Other EM's are tanking and Thailand needs to compete.

Maybe ten, maybe twenty or more, there's nothing symmetrical about tapering necessarily.

Also, as Blakfien pointed out, seller cannot distinguish at present between one emerging market and another, sell everything that is emerging market they say, the herd instinct is in full play.

who's Blakfien?

[onewhowalkswithbuffalo]

China slowdown, political crisis, money flowing out of Thailand like shit through a goose..........................hmmmmmmmmmmmmmm what is your take Albert ?

I can tell you where to buy tin hats, PM if interested!

It's alright mate I've still got the one you lent me

[chiang mai]

Can I just point out that the Fed has tapered a further USD 10 bill. and THB hasn't moved very much at all, against GBP it's still sat where it was and all of this without intervention!

Not much movement but we've got 10 more months of tapering ahead of us. Lets see if it can hold up. Other EM's are tanking and Thailand needs to compete.

Maybe ten, maybe twenty or more, there's nothing symmetrical about tapering necessarily.

Also, as Blakfien pointed out, seller cannot distinguish at present between one emerging market and another, sell everything that is emerging market they say, the herd instinct is in full play.

who's Blakfien?

Blankfein