Weird Posted October 5, 2008 Report Share Posted October 5, 2008 funny it hit a high but the exchange rates, atleast on bankgkokbank.com aren't at the all time high for the dollar for this year. Link to comment Share on other sites More sharing options...
elef Posted October 5, 2008 Report Share Posted October 5, 2008 Fed has been buying and borrowing dollars all over the world to finance the 700 billions instead of printing new money (which means inflation) so the dollar is unnatural high now. Link to comment Share on other sites More sharing options...
Sporty Posted October 6, 2008 Report Share Posted October 6, 2008 Fed has been buying and borrowing dollars all over the world to finance the 700 billions instead of printing new money (which means inflation) so the dollar is unnatural high now. You are totally wrong. The US is increasing Swap lines, extending credit. This is a DOLLAR LIQUIDITY ISSUE, around the world, not enough. Soon, they will auction, USD, in Europe. The last Auction, was for $25 Billion, and they could have sold $135 Billion. http://www.reuters.com/article/bondsNews/idUSN2931779020080929 Link to comment Share on other sites More sharing options...
Weird Posted October 6, 2008 Report Share Posted October 6, 2008 Went up a little, 33.98 on bkk bank Link to comment Share on other sites More sharing options...
Sporty Posted October 7, 2008 Report Share Posted October 7, 2008 Went up a little, 33.98 on bkk bank YUP, and more tomorrow, I expect. Soon, 34 to $1, will be in the rear view mirror, and fading. Link to comment Share on other sites More sharing options...
cavanami Posted October 7, 2008 Report Share Posted October 7, 2008 The dollar went into the toilet vs the Japanese Yen! Per Yahoo: $1 USD > 101.58 ¥ The Thai Baht looks to be weakening! Link to comment Share on other sites More sharing options...
Central Scrutinizer Posted October 7, 2008 Report Share Posted October 7, 2008 Weaker today, and likely weaker tomorrow again I'd say with what is going on in BKK right now. Link to comment Share on other sites More sharing options...
cavanami Posted October 8, 2008 Report Share Posted October 8, 2008 Just now on Yahoo finance: USD to JPY 100.43 ¥ going down, down and down...will it finally go out Link to comment Share on other sites More sharing options...
Sporty Posted October 8, 2008 Report Share Posted October 8, 2008 Just now on Yahoo finance: USD to JPY 100.43 ¥ going down, down and down...will it finally go out WOW ! Toyota, Honda, Sony, etc, getting pretty expensive around the world, I guess. How long do you think that will last ? With, the Dollar near the one year high. http://quotes.ino.com/chart/?s=NYBOT_DX&v=d12 How about other currencies, Euro, GBP, NZD, AUD etc? Where do you see the Baht, short and long term ? Link to comment Share on other sites More sharing options...
arkutha Posted October 8, 2008 Report Share Posted October 8, 2008 Just now on cnbc AUD/USD $0.6713 WTF Link to comment Share on other sites More sharing options...
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