BKKNUT Posted August 15, 2007 Report Share Posted August 15, 2007 I see the dollar is back to over 32. I was wondering what some of you have been getting for the onshore rate. I hope this trend continues. I have been putting off my trip because of the shitty dollar. Link to comment Share on other sites More sharing options...
cavanami Posted August 15, 2007 Report Share Posted August 15, 2007 Bank of Bangkok shows: USD 33.78 Long way to go to get into the 40's. Link to comment Share on other sites More sharing options...
BKKNUT Posted August 15, 2007 Author Report Share Posted August 15, 2007 If it gets back to 37 it will be good enough for me. Link to comment Share on other sites More sharing options...
OCgringo Posted August 15, 2007 Report Share Posted August 15, 2007 its now under $2 to a UK pound too..... seems to be a short term trend till something kicks it back the other way, OC Link to comment Share on other sites More sharing options...
FreeTime Posted August 15, 2007 Report Share Posted August 15, 2007 The U.S. dollar has had a good bounce off a historically critical index support level around 80: http://stockcharts.com/charts/gallery.html?$usd Link to comment Share on other sites More sharing options...
samak Posted August 16, 2007 Report Share Posted August 16, 2007 i think it is more the THB that weakened recently and not that the USD is any stronger! in comparison to Euro, THB also weakened, however USD is pretty much at its lowest ever towards the Euro! Link to comment Share on other sites More sharing options...
jon46 Posted August 16, 2007 Report Share Posted August 16, 2007 Recently, there has been an attempt to shore up the US Dollar. Nevertheless, with the sub-prime loan mortgage problem and pressure to lower interest rates and for more liquidity in the markets, I wonder how long before the dollar weakens again. The stock market has dipped below 13,000 weeks after it reached at all time high of 14,000! No one seems to know the magnitude of the sub-prime mortgage problems! Link to comment Share on other sites More sharing options...
cavanami Posted August 16, 2007 Report Share Posted August 16, 2007 The US dollar is still in the dirt. USD vs Japanese Yen: 114.24, the Yen is now stronger vs the US dollar. The US dollar is down about 8% vs the Euro. It looks like the Thai baht is taking a dump...finally!!! Link to comment Share on other sites More sharing options...
Sporty Posted August 16, 2007 Report Share Posted August 16, 2007 I see the dollar is back to over 32. I was wondering what some of you have been getting for the onshore rate. I hope this trend continues. I have been putting off my trip because of the shitty dollar. BIG MOVE in 24 hours, more than 1 baht... Live rates at 2007.08.16 15:47:33 UTC Notice: The THB rate shown below is the international rate. Rates used within Thailand may vary. 1.00 USD = 33.0001 THB United States Dollars Thailand Baht 1 USD = 33.0001 THB 1 THB = 0.0303029 USD Off Shore Rate Link to comment Share on other sites More sharing options...
FreeTime Posted August 16, 2007 Report Share Posted August 16, 2007 Nothing as yet to indicate that the extreme weakness of the U.S. dollar against a wide range of currencies has reached a bottom. What we are looking at here is just an interesting shorter term trend. During the past two weeks, the U.S. dollar has strengthened against a wide range of currencies; Baht, CDN, AUS & N.Z. dollars & many others, as well as the Euro: http://www.x-rates.com/d/EUR/USD/graph120.html An exception is the Yen, which has had a curious exchange pattern of late against the U.S. dollar. The international sell off in equity markets might be driving the dollar higher short term. Link to comment Share on other sites More sharing options...
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