Will the baht go down?

There's an article in today's Financial Times about Asian currencies expected to fall. Thailand gets mentioned exactly once which probably reflects its declining role in the region.

http://www.ft.com/cms/s/0/f43d2e80-cb97 ... 07658.html (http://www.ft.com/cms/s/0/f43d2e80-cb97-11dd-ba02-000077b07658.html)

The baht has strengthened all this week, but I do expect it to fall in the not-too-distant future.

[painai2]

The US dollar had fallen globally this week, which would then have some effect on the baht.

Yes it will start to drop example 1 AUD =22.06 Baht in early December,,,,,, today it 24.34

as i said in previous posts around March it will be 28 to 29 as in previous years

seems the improvement of the AUD against the THB is more a consequence of the AUD strengthening against the USD - the charts for the past 5 days are almost identical.

http://finance.yahoo.com/q/bc?s=AUDTHB= ... z=m&q=l&c= (http://finance.yahoo.com/q/bc?s=AUDTHB=X&t=5d&l=on&z=m&q=l&c=)
http://finance.yahoo.com/q/bc?s=AUDUSD= ... z=m&q=l&c= (http://finance.yahoo.com/q/bc?s=AUDUSD=X&t=5d&l=on&z=m&q=l&c=)

and anybody who is making a prediction on currencies 3-4 months in advance must know something nobody else knows.

[Beachlover]

I certainly hope Thai Baht will fall against AUD... it's rather high at the moment (or rather, AUD is bloody low!).

24 is better than 22... but still no where near that lovely 28-34 range it was in earlier on!