Thailand vs USA

thecryer Updated   
OANDA:USDTHB   U.S. Dollar / Thai Baht
- A good point for Tourism in Thailand, the country could get much more US/EU customers in 2022-23.
- in return it will be much more pain for Thai Peoples to visit USA and EU. (Euro is weak vs USD, but strong vs THB).
- Tourism still remain a big economic factor for Thailand, and much more important right now, after Covid Pandemic.

- The big problem is : Economy not only based on Tourism.
- Importations will be much more expensive for Thailand, and they will get much less profits for exportations.
- Thailand is the biggest exporter of natural rubber in the world ( around 14B annual ).

Scenarios :

- if DXY breakout his bullish trend and reach 120ish, we could expect to have 1$ = 39 to 41 THB
- A panic sell of riches peoples and companies could lead to transform their THB to USD. Then THB could back to 2001 situation, 1$ = 45ish THB.

Happy Tr4Ding !

Follow DXY in older chart :
Older THB vs Euro Analysis :

UK here :


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