Naam Posted January 27, 2014 Share Posted January 27, 2014 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? Link to comment Share on other sites More sharing options...
FiftyTwo Posted January 27, 2014 Share Posted January 27, 2014 As I suggested on Friday, up to 53.4 again after the usual Friday afternoon dip. Link to comment Share on other sites More sharing options...
chiang mai Posted January 27, 2014 Share Posted January 27, 2014 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. Link to comment Share on other sites More sharing options...
FiftyTwo Posted January 29, 2014 Share Posted January 29, 2014 54.6 again Link to comment Share on other sites More sharing options...
chiang mai Posted January 29, 2014 Share Posted January 29, 2014 54.27 TT rate at SCB currently: http://www.scb.co.th/scb_api/index.jsp Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 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! Link to comment Share on other sites More sharing options...
SheungWan Posted January 30, 2014 Share Posted January 30, 2014 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. Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 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. Link to comment Share on other sites More sharing options...
Naam Posted January 30, 2014 Share Posted January 30, 2014 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. Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 (edited) Jeff Beck Group, 1972, name that song. Mmmm! Edited January 30, 2014 by chiang mai Link to comment Share on other sites More sharing options...
OnMyWay2 Posted January 30, 2014 Share Posted January 30, 2014 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. Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 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. Link to comment Share on other sites More sharing options...
onewhowalkswithbuffalo Posted January 30, 2014 Share Posted January 30, 2014 China slowdown, political crisis, money flowing out of Thailand like shit through a goose..........................hmmmmmmmmmmmmmm what is your take Albert ? Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 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! Link to comment Share on other sites More sharing options...
Naam Posted January 30, 2014 Share Posted January 30, 2014 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? Link to comment Share on other sites More sharing options...
onewhowalkswithbuffalo Posted January 30, 2014 Share Posted January 30, 2014 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 Link to comment Share on other sites More sharing options...
chiang mai Posted January 30, 2014 Share Posted January 30, 2014 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 Link to comment Share on other sites More sharing options...
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