rott
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Post by rott on May 3, 2024 13:32:31 GMT 7
Chumphon has it's positives, Songkran there is only one day.
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rubl
Crazy Mango Extraordinaire
The wondering type
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Post by rubl on May 3, 2024 14:58:50 GMT 7
Disclaimer: this is not a Chumphon party, allegedly that is.   |
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Mosha
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Post by Mosha on May 3, 2024 15:44:53 GMT 7
If you spell Yen backwards it spells Ney, that sounds like a no to me so there's the answer. I've not had a lot of luck lately with my investing, I can't remember if they said to buy hi and sell low or is it the other way around. You should listen to experts, then you can never go wrong.  BoT: Baht to reverse course in H2 The baht depreciation softened in April, supported by the Thai economy's improving momentum, while a central bank executive expects the local currency to strengthen in the second half of this year. Please credit and share this article with others using this link: www.bangkokpost.com/business/general/2784914/bot-baht-to-reverse-course-in-h2. View our policies at goo.gl/9HgTd and goo.gl/ou6Ip. © Bangkok Post PCL. All rights reserved. I saw that in my Google feed, and another 6 about the Baht in deep shit, plus the PM is pushing for 400 Baht minimum wage. |
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chiangmai
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Post by chiangmai on May 4, 2024 16:44:19 GMT 7
USD is falling,
Oil is falling,
Equities are up,
THB should drop a little
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oldie
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The Baht
May 4, 2024 21:06:29 GMT 7
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Post by oldie on May 4, 2024 21:06:29 GMT 7
USD is falling, Oil is falling, Equities are up, THB should drop a little How we looking for $Au vs ThB end of year? Can Oldie put a new roof on his house? The other one is leaking. |
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chiangmai
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Post by chiangmai on May 5, 2024 4:49:49 GMT 7
USD is falling, Oil is falling, Equities are up, THB should drop a little How we looking for $Au vs ThB end of year? Can Oldie put a new roof on his house? The other one is leaking. Who knows, I sure can't see that far. But AUD strength is linked directly to the Chinese economy because China buys lots of your commodities so AUD has long been seen as a proxy for the Chinese economy. AUD/THB peaked two years ago at 25.X and today it's at 22.X, mostly on the back of THB weakness. If China recovers, you'll do well, if THB gets stronger, your rate will be less good. Sorry I can't be more helpful, crystal balls aren't what they used to be. |
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rubl
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The wondering type
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Post by rubl on May 5, 2024 7:16:24 GMT 7
How we looking for $Au vs ThB end of year? Can Oldie put a new roof on his house? The other one is leaking. Who knows, I sure can't see that far. But AUD strength is linked directly to the Chinese economy because China buys lots of your commodities so AUD has long been seen as a proxy for the Chinese economy. AUD/THB peaked two years ago at 25.X and today it's at 22.X, mostly on the back of THB weakness. If China recovers, you'll do well, if THB gets stronger, your rate will be less good. Sorry I can't be more helpful, crystal balls aren't what they used to be. Time to change the tea leaves?  |
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chiangmai
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Post by chiangmai on May 9, 2024 8:45:28 GMT 7
Markets and the Fed are now calling into question whether there will be any rate cuts at all this year, this is because inflation remains high and the economy doesn't appear to need any stimulus. If rates do remain high, USD will remain strong also and THB will remain weak. The idea of between 47 and 50 throughout this year, is not impossible to imagine. This means my long dated bond purchases are flapping around like a halibut on Morecambe beach when the tide is out. Bugger.
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siampolee
Detective
Alive alive O
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Post by siampolee on May 9, 2024 9:34:55 GMT 7
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chiangmai
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Post by chiangmai on May 9, 2024 11:16:59 GMT 7
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oldie
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The Baht
May 9, 2024 12:51:07 GMT 7
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Post by oldie on May 9, 2024 12:51:07 GMT 7
Everyone from Australia is holidaying in Japan about now. Everyone except Oldie that is. |
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chiangmai
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Post by chiangmai on May 9, 2024 15:32:52 GMT 7
Everyone from Australia is holidaying in Japan about now. Everyone except Oldie that is. Everyone? Everyone?? You don't really mean everyone, do you Oldie, admit it, you are exaggerating aren't you> |
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oldie
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Post by oldie on May 9, 2024 17:28:10 GMT 7
Everyone from Australia is holidaying in Japan about now. Everyone except Oldie that is. Everyone? Everyone?? You don't really mean everyone, do you Oldie, admit it, you are exaggerating aren't you> Apparently. I keep to myself. Don't shoot the messenger. |
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siampolee
Detective
Alive alive O
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Post by siampolee on May 13, 2024 17:59:51 GMT 7
An interesting article certainly worth a read and inwardly digesting. One hopes no indigestation results from reading the article...
Mighty dollar pushes Asian governments to boost currency protection. Asian monetary officials seek to buy time until the U.S. economy slows down
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chiangmai
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Post by chiangmai on May 13, 2024 19:25:26 GMT 7
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Jan 4, 2023 21:15:53 GMT 7
