Why is Thai baht strengthening?

[Naam]

35.15

[lannarebirth]

14 hours ago, Naam said:

35.15

 

Which is the 200 day SMA.

 

http://finance.yahoo.com/chart/USDTHB%3DX#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%3D%3D

 

[lannarebirth]

16 hours ago, chiang mai said:

 

Yep, the Dollar Index is down 0.86%, presumably continued Trump nervousness?

 

https://www.investing.com/quotes/us-dollar-index-streaming-chart

 

Commodities have been trending up for a little while. May be indicative of virtuous cycle expectations for Emerging Market economies.

[GMajor]

On 2017-01-13 at 2:22 PM, chiang mai said:

 

XE.com doesn't show onshore baht rates, best to look at Thai banks in Thailand and what their rate is, if in doubt click on the chart button on the right of each line to see the history, UOB is a good guide. https://daytodaydata.net/

 

EDIT: sorry we're talking cross purposes here. THB/GBP is returning to rates of a week ago, against USD, THB continues to slip.

 

Many thanks for that link.