Thailand’s Strong Baht and Stock Market Rally

Thailand’s Strong Baht and Stock Market Rally

Thailand’s strong baht and stock market rally are in line with economic fundamentals, the central bank governor said on Wednesday, as the currency hovered around 28-month highs against the U.S. dollar. The moves have been driven by stronger economic growth and easing political uncertainty, Veerathai Santiprabhob told reporters. Southeast Asia’s second-largest economy expanded a more […]

THB – ThaiBev To Buy KFC Restaurants

THB – ThaiBev To Buy KFC Restaurants

Thai Beverage, the spirits giant that makes Chang beer and SangSom rum, is expanding into the fast-food business to take advantage of the rising appetite for fried chicken in Asia. ThaiBev agreed to purchase more than 240 existing KFC restaurants in Thailand for about 11.3 billion Thai baht ($340 million). A deal is also in place for […]

Thai Baht (THB) Capital Boost

Thai Baht (THB) Capital Boost

Singapore Technologies Electronics (ST Electronics) has increased the capital of its subsidiary, ST Electronics Thailand by THB 310 million (approximately SGD 12.6 million). This capital boost aims to support the expansion and growth of the company’s rail electronics business in Thailand, and will bring ST Electronics’ total share capital contribution in ST Electronics Thailand to […]

Thai Baht (THB) Trade analysis

Thai Baht (THB) Trade analysis

The Thai baht rose marginally on Monday, headed for a second straight session of gains. The dollar-baht pair is tracking lower after the Bank of Thailand played down concerns about a strong THB on export competitiveness. Thailand’s trade competitiveness has not been much affected by a strong baht and exports can still increase as forecast this […]

Confidence In The Thai Baht (THB)

Confidence In The Thai Baht (THB)

A central bank official states that Thailand’s trade competitiveness has not been affected much by a strong baht and they are still confident that exports will grow 5 percent. Travel Recently, several tourists attempting to enter Thailand have been stopped and asked to show THB20,000 (about USD594) at airport immigration checkpoints. As an attempt to prevent the […]

Thai Baht (THB) Previous Gains Lost

Thai Baht (THB) Previous Gains Lost

USD/THB is currently trading around 33.64 marks Most Asian currencies edged up on Tuesday as the dollar came under renewed pressure, with the Thai baht hitting its strongest in more than two years and the won climbing to a 1-month high. Uncertainty over the pace of the Federal Reserve’s policy tightening and worries that President […]

Thai Baht (THB) Going Strong With Asia

Thai Baht (THB) Going Strong With Asia

The baht rose to 34.66 to the US dollar at one point Monday, its strongest level since early October. The US dollar has depreciated against all Asian currencies recently, which means Asian currencies have all risen broadly (appreciated) against the US dollar, just as the Thai baht has risen. Technical Analysis Overall, the bias in prices is: Downwards. Short […]

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

Thai Baht (THB) Two-Thirds of Thailand’s GDP Stalled

The purchasing power of major trade partners and production restructuring to keep up with demand are having larger effects on exports than the baht’s movement. Also concerns that the baht’s persistent strength will stall the recovery of exports, which account for more than two-thirds of Thailand’s GDP. The baht has been among the best-performing currencies […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Updated Analysis

Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.31. The projected lower bound is: 33.87. The projected closing price is: 34.09. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there […]

Thai Baht (THB) Too Strong

Two decades ago, Thailand became ground zero of the Asia financial crisis, when its government scrapped a dollar peg with the baht, a devaluation that unleashed a wave of speculative attacks on other regional currencies and shook the global economy. Now, the baht is again posing challenges for Thailand–but this time because it may be […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Latest Update   Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 34.60. The projected upper bound is: 34.28. The projected lower bound is: 33.75. The projected closing price is: […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This is bearish, […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News     Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A black body occurred (because prices closed […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A big black candle occurred. This is bearish, […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.92. The projected lower bound is: 34.39. The projected closing price is: 34.66. Candlesticks A white body occurred (because prices closed higher than they […]

Thai Baht (THB) Closed Down -0.010 at 34.580

Thai Baht (THB) Closed Down -0.010 at  34.580

Thai Baht (THB) Closed Down -0.010 at 34.580 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.83. The projected lower bound is: 34.31. The projected closing price is: 34.57. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Thai Baht (THB) Technical Analysis

Thai Baht (THB) Technical Analysis

Thai Baht (THB) Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.74. The projected lower bound is: 34.22. The projected closing price is: 34.48. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]

Thai Baht (THB) Closed Up 0.070 At 34.410

Thai Baht (THB) Closed Up  0.070 At  34.410

Thai Baht (THB) Closed Up 0.070 At 34.410 Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.65. The projected lower bound is: 34.14. The projected closing price is: 34.40. Candlesticks A white body occurred (because prices closed higher than they opened). […]

Thai Baht (THB) – Volatility Is Extremely Low

Thai Baht (THB) – Volatility Is Extremely Low

Thai Baht (THB) – Volatility Is Extremely Low Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.60. The projected lower bound is: 34.09. The projected closing price is: 34.35. Candlesticks During the past 10 bars, there have been 2 white candles […]

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) HEFFX Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.59. The projected lower bound is: 34.08. The projected closing price is: 34.34. FOREX THB= closed down -0.030 at 34.350. Volume was […]

Thai Baht (THB) ⇨ US Dollar ($) Update

Thai Baht (THB) ⇨ US Dollar ($) Update

Thai Baht (THB) ⇨ US Dollar ($) Update Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.60. The projected lower bound is: 34.09. The projected closing price is: 34.35. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) HEFFX Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.60. The projected lower bound is: 34.09. The projected closing price is: 34.35. FOREX THB= closed up 0.040 at 34.360. Volume was 37% below […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17)

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17)

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Thailand HEFFX Outlook (16/4/17) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.58. The projected lower bound is: 34.08. The projected closing price is: 34.33. FOREX THB= closed down -0.020 at 34.340. Volume was […]

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Trading Outlook

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Trading Outlook

Thai Baht (THB) ⇨ US Dollar ($)(THBUSD) Trading Outlook HEFFX Notes Thai Baht Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 35.13. The projected upper bound is: 34.84. The projected lower bound is: 34.32. The projected closing […]