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USD/THB - US Dollar Thai Baht

Real-time Currencies
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THB
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37.047
-0.024(-0.06%)
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USD/THB Discussions

Opening the country is something that can no longer be postponed. because the reserves are steadily decreasing. Tourism/Travel is 22% of foreign currency income.
I'm pretty sure most of Bulls / Thumbs Down went long at 33.80ish, LOL,GL!
I'm moving my TP from my first short at 33.76 from 33.24 to 33.00 and leaving the TP from my second short at 33.88 open (Daily chart). Cheers and GL!
Nice one
I've added a second short at 33.88, those thumbs won't make me scared. They are probably all Bulls,LOL!
 I'm not, are you?
Yes
  Cool, I used to live/work in Thailand for almost 10 years, i should have came back there right before the Pandeminc.  I'm planning to come back in Thai on March / April next year in Chiang Mai, hopefully some restrictions would be eased soon
There is a Double top on 4H chart, aiming to 33.24, I will TP from my short there,Cheers and Good Luck! lol
"The Bank of Thailand left its benchmark interest rate unchanged at an all-time low of 0.5 percent on September 29th 2021, as expected, amid low inflationary pressure and a receding pandemic. Policymakers noted the economy had bottomed in the third quarter and a rebound in Q4 should be supported by a faster-than-expected easing of restrictions and a quicker vaccination drive. The board’s economic growth forecasts were unchanged, with GDP seen rising 0.7% in 2021 and 3.7% in 2022. The central bank added that fiscal measures would be more helpful than cutting the central bank's key rate, although monetary policy will remain accommodative."
I went short at 33.76 (daily chart) 3rd leg reached 34.00, I think it's time to correction in my opinion, good luck! and enjoy the thumbs,LOL
I have also placed a pending short at 34.14 just in case this would stretch a bit higher.
Jack what are you saying are you buying the US dollar and selling THB short against the dollar?
  I'm short on this pair, means I selling USD and Buying THB
35 soon
Beware of current account deficit and increasing of debt ceiling.
BIG short , fund manager want some moves trust me
I have opened a short at  33.3785 tight stop lost at 33.540, TP 32.88, Cheers and good luck!
TP 32.98* (error typo)
Ok, that's it for me, I'm taking profit here at 32.90 from my 2 long(s). 33.00 at the moment is a resistance, next week FED and FOMC are scheduled and I don't want to risk a floating draw down, if this dips in the next 2 weeks I would be ready to buy again, "Better Safe than Sorry". Good Luck everyone and Cheers! :)
Unfortunately I have gotten out too early :(  Well, good luck for those who are in it!
"Consumer prices in Thailand unexpectedly edged down 0.02 percent year-on-year in August 2021, compared with market consensus of a 0.42 percent gain and after a 0.45 percent rise a month earlier. This was the first decline in consumer prices since March, as consumption weakened due to the recent coronavirus outbreaks. Food prices fell at a steeper rate, declining for the second month in a row (-1.48 percent vs -0.47 percent), amid drops in rice, flour, and cereal products; and vegetables and fruits. Also, cost of housing declined further (-5.95 percent vs -5.95 percent), dragged down by electricity, fuel, and water supply. At the same time, transport inflation eased slightly (9.04 percent vs 9.22 percent). Core consumer prices inched up 0.07 percent year-on-year in August, the least in six months, after a 0.14 percent gain in July and compared with forecasts of 0.18 percent. On a monthly basis, consumer prices dropped 0.18 percent in August, after falling 0.12"
WITHUN OUANSIT
I'm placing a pending Long at 32.52, finger crossed :)
When you think the trend will turn? Seems like now flow keeps coming in. Thank you.
 I think this week might be bullish, let's see if a rally begins and see how strong it might be,I'm long at 32.62 and 32.52, I have been wrong before so, make your own decision Man. GL!
As per today's outcome, it may not be as you (and also me) anticipate. Anyhow, keep fingers crossed and cheers.
Why is THB strengthening right now?
Covid infected number is very much reduced today
If it gets between 32.42 to 32.52 I will get ready and looking to go long,that's my take anyway. I have been looking for a pullback for such a long time,LOL
Matter is news and business try to push goverment to open city
"The Bank of Thailand is concerned about business closure and layoffs attributed to the prolonged Covid-19 outbreak,which his adding significant downside risk for the economy" -Bangkok Post-  The break of the neck line at 33.50 might push USDTHB till 34.80ish.  I think we may see 35.00ish before the year end. Good Luck.
I wish it to be weakening for my gold/thb future investment...
They are TFEX Future contracts, similar value trend to spot gold/usd.
Gold is crashing down hard
I think gold might reach 1600.00 in roughly 4 weeks, but that's my guess anyway
is THB collapsing OR is the USD just getting stronger?
37
BoT is clearly manipulating this pair!
What is wrong with this. Dollar index is flat, but thb is just go all up
The Thai economy is collapsing, much better to invest in gold bullion.
According to the likes and dislike ,there are many people reading this forum but actually almost no one are actually writing, LOL! anyway I'm still short from 32.23 ,Cheers! :)
I'm exiting with my short here at 31.45 taking a loss (for the joy of haters, lol)   " You can't win them all "    I won't be risking keeping my short open. If this pulls back I will enter long again but for now, I stand on sideline. Cheers and Good Luck!
sorry,exiting at 32.48 (error typo)
my pending short at 32.23 has been triggered,I'm looking for humble a TP at 31.82, finger crossed !
What will be going on after touch 31.82 ? Step up or step down :)) what is your idea ?
if this short works it might be just a correction (pull back on daily chart) 31.82 it's a humble target (if it reaches) then, I will be waiting to buy again...but for now I will wait and see if my short works...things can change easily. That's my personal opinion anyway :)
it might deep (if it does) till 31.75 or 31.62 though...but I honestly wait and see what happens
Good short https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL3N2OB0LF
I'm placing a "cheeky"  pending short at 32.23 for a "counter trend" trade...it's a bit risky and it's counter trend,so I will use a one third of my normal volume, I will set the SL and TP or I might do it manual, once it will hit my pending short (if it ever reaches it) it might be just for a scalp . 4H Time frame.  :)
  thanks!
It should continue to drop https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL3N2OB0LF
  thanks for the link! let's see how it goes, this pair can be very unpredictable and this short is a bit risky tho,I'm looking for a humble TP at 31.82 and see what happen next :) cheers!
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