WorldFun Posted June 6, 2013 Report Posted June 6, 2013 so today it seems the euro finally rebounded back above the 40 baht mark from like 37-38 for a couple of months which appear to be an all time low I guess the USD is crashing due to some change of monetary strategy be it short term or mid term... Well I'm off to the forex guys/gays!!
cavanami Posted June 6, 2013 Report Posted June 6, 2013 US Dollar is up. The Thais SET is down, the US Dollar usually goes up. Expect to be very short terms (a few days?). Maybe the US Dollar will reach 30.68 at which point it will reach some resistance...IMO.
WorldFun Posted June 6, 2013 Author Report Posted June 6, 2013 well make the THB rebound for all its worth...I already cashed in @ 39.54 (ktb) & interbank fx @ some 39.78 today perhaps I'll let a few gave TGs enjoy a bit shopping at whatever rate tomorrow gives on the UK CC but hopefully above 40 still btw ecb meeting my ass...whp really cares if they keep the rate at 0% or raise it to like 0.1%?
BelgianBoy Posted June 6, 2013 Report Posted June 6, 2013 dude, its not about the rate, but what is said after the meeting.......last week Euro / USD 1.2820, yesterday 1.3000, tonight 1.3170.
gobbledonk Posted June 8, 2013 Report Posted June 8, 2013 Happy to see a stronger USD again, even if it means the AUD is on the slide. For all our media's bullshit about the 'longterm prospects for the Aussie dollar', it was clearly unrealistic anywhere above parity, and I'll be happy with anything in the 90 cent region as long as it regains its former strong position. I could still live with ~80 cents, but the tools in the manufacturing industry here clamoring for a return to the days of 65 cents really need to get out of their Toorak mansions once in a while and accept that most of us weren't happy paying double the US price on imported goodies .....
WorldFun Posted June 12, 2013 Author Report Posted June 12, 2013 above 41 now baht is crashing...clinton plaza & soi 0 will reopen...the world is still spinning
gobbledonk Posted June 15, 2013 Report Posted June 15, 2013 A weaker baht will make Thailand's exports more competitive - there is an upside here that goes well beyond the number of grey notes they hand you at the Exchange booth opposite Golden Bar
Flashermac Posted June 15, 2013 Report Posted June 15, 2013 I remember the early 1970s, when Aus$1 = US$1.10.
WorldFun Posted December 6, 2013 Author Report Posted December 6, 2013 got 43.74 this morning from bank of thailand on inbound wire thanks demonstrators...long live LOS
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