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Posted

Pah....£ took a tumble yesterday.

Did someone prod Merv King with a stick!

yes, why was that?

Perhaps the US factory and jobs data giving the US$ a lift.

Posted

Aussie $ has fallen some 15% v's the us$ (and other currencies in general) as well in the past year ... not only the Thai baht dropping vs the us$ & other currencies ... just saying whistling.gif

Posted

The Swedish crown is again up to almost 5 Baht a crown. Like it used to be several years ago. At last. Time to go shopping.

Posted

Pah....£ took a tumble yesterday.

Did someone prod Merv King with a stick!

yes, why was that?

Perhaps the US factory and jobs data giving the US$ a lift.

US data is mostly lies, official but lies.

  • Like 2
Posted

Yeah, the Aussie Peso is cushioning the Thai Bahts fall, so bummer to bringing money in from Aus. Lucky I'm being paid in greenbacks at the moment,straight into my Thai bank account. But it was only 12 months ago I was buying $US with $AUD, so there isn't any stability in any of the currency's..well maybe the Swiss Franc

Posted

The Swedish crown is again up to almost 5 Baht a crown. Like it used to be several years ago. At last. Time to go shopping.

SEK is above 5 Baht at 5.03

  • Like 1
Posted

The dollar rose only 2 bht

the euro rose about 5 bht

why is the dollar not moving like eu or pound ?

because the Dollar lost vs. EURo and Pound.

Posted

the A$ has fallen along with baht. But you never know what currencies are going to do. Best is to have a good mix.

Posted
Pah....£ took a tumble yesterday.

Did someone prod Merv King with a stick!

yes, why was that?

Perhaps the US factory and jobs data giving the US$ a lift.

US data is mostly lies, official but lies.

Data/source to back up your assumption?

Posted

Pah....£ took a tumble yesterday.

Did someone prod Merv King with a stick!

Mervyn King is no longer the governor of the BoE..It's now Max Carney..

  • Like 1
Posted

Pah....£ took a tumble yesterday.

Did someone prod Merv King with a stick!

Mervyn King is no longer the governor of the BoE..It's now Max Carney..

Mark Carney.

  • Like 1
Posted

Mark Carney yeh the former Bank of Canada head honcho who screwed our interest rates into the ground. Your lucky to get 2% interest per annum in Canada. Your welcome to him Brits bend over

Posted

It is the first of the month and all of us retires from the states will be getting 1.5% COLA increase plus the 42 baht to the $ I have been

dreaming about. Might just eat a ribeye steak this week.

  • Like 2
Posted

The dollar rose only 2 bht

the euro rose about 5 bht

why is the dollar not moving like eu or pound ?

US dollar was under 29 and now almost 33 so depending on your

point of reference about 4 baht and still strengthening.

Posted
The dollar rose only 2 bht

the euro rose about 5 bht

why is the dollar not moving like eu or pound ?

Well, mainly because you have to look at the % in each case. If both the dollar and euro gained, say 33 baht it would mean that the usd doubled it's strength while the euro didn't. So the weaker currencies (usd) can not rise as much as the stronger (euro, pound) if you look at the amount of baht.

Of course I'm assuming here that the relative strengths of usd and euro is constant, which is not always true.

Posted
The dollar rose only 2 bht

the euro rose about 5 bht

why is the dollar not moving like eu or pound ?

US dollar was under 29 and now almost 33 so depending on your

point of reference about 4 baht and still strengthening.

You are comparing apples and oranges. You need to evaluate the moves as a percentage of the currency in question vs. number of baht changes. I suspect when measured as percentage changes, those changes will be closer to each other.

Posted

Yee haw!!!

Good the Baht is over valued...with political unrest hope the baht become less value..Oh yes will now buy my Forza...seems I can buy 12,000 less from the monopoly dealership here in Pattaya... no use having my 800K loosing its value...great keep up the political unrest...keep the fast food to those whom are more interested in feeding their faces and not looking at the value of what they eat...fast food fast obesity..keep to making my own meals and Loving it!

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