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That´s what I call a high risk investment. Go for it!

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Seems that brexit thing isn’t working out so well 🙂

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1 hour ago, 5633572526 said:

Seems that brexit thing isn’t working out so well 🙂

The economic effect of that hasn't even started. This is just the overture - the fat lady is still in make up.

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11 hours ago, Trillian said:

For expats who are reliant on Pounds for income, perhaps buying Pounds at 37 is not such a daft idea

Buy with what? Expats working HERE are reliant on THB for income.

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Some posts using profane language have been removed:

 

8.) You will not post disruptive or inflammatory messages, vulgarities, obscenities or profanities.

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4 hours ago, 5633572526 said:

Seems that brexit thing isn’t working out so well 🙂

Especially not in a combination with the coronavirus. 😷

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I got 38.2 on Tuesday when I did a TransferWise transaction.

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Posted (edited)

USD/GBP is at the heart of the Pound Baht exchange rate issue and it doesn't look as though USD is going to strengthen any time soon, in fact it looks as though it may continue to weaken, even if this is an election year. USD has been weakening all year so unless the Pound finds good reason to get stronger and that seems highly unlikely right now, it looks as though the Baht is going to get even stronger against the Pound, ouch!

 

But as the article below says, these assumptions are based on there being no second wave of the virus and that seems improbable to me. In that event the Dollar would strengthen and it would be risk off for investment markets. So, where do you want to lose money, on the exchange rate or on your stock market investments, a rhetorical question of course.

 

https://www.reuters.com/article/us-forex-poll-dollar/dollars-dominance-to-slowly-melt-away-over-coming-year-reuters-poll-idUSKBN24300L?il=0

Edited by Trillian

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On 6/30/2020 at 3:35 PM, 5633572526 said:

Seems that brexit thing isn’t working out so well 🙂

Happiness is always for tomorrow...

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