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Squawk / 12 October 2016 at 10:44 GMT
Blogger / MoreLiver's Daily
USDTHB has moved decisively higher over the past couple of sessions. I usually don't follow emerging markets, but the King's health is not good.

USDTHB was around 40-45 after the Asian crisis, before the dotcom bust and before the financial crisis (which first weakened BHT, then strengthened it as carry trades favored it). Then the Fed's tapering and first rate hike hurt all emerging market-currencies.

The USDTHB has just broken higher from a flag-like pattern and seems ready to move higher.
TomL98 TomL98
I was contemplating moving on this. Correct me if I'm wrong, but I don't see a possibility to short THB in my saxo account right?
Juhani Huopainen Juhani Huopainen
I am not sure, but USDTHB looks like a tradable pair - have you checked margin requirements?


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