top of page
Writer's picturefxmethods

USDINR WEDNESDAY PROJECTION

On Wednesday, USDINR expecting commences trade at par note. Yesterday domestic currency was stuck in range of 75.61 – 75.7950 levels against greenback.

  • India to help migrant workers leave cities, but infections mounts.

  • Hundreds of thousands evacuated as India, Bangladesh brace for super cyclone.

  • WeWork India lays off 20% of workforce as virus lock downs weigh.

INTRADAY RANGE – (75.55 – 75.77) 75.92


SENTIMENT

  • IMPORTER CAN COVER

  • EXPORTER WAIT

GLOBAL HIGHLIGHTS

  • Asia stocks under pressure as vaccine rally falters.

  • Gold Jumps as U.S. Braces for Losses From Risky Covid-19 Loans.

  • Euro maintains firm tone on EU joint recovery fund, yen soft.

  • Thai Baht is Asia’s Top Outperformed on Tourism Rebound Bet.

  • Indonesian Rupiah retreats from two-month highs as BI talks dovish.

  • Treasury-Beating Aussie Bonds Lure Japan Funds With Cheap Hedges.

  • Oil Up After Production Cuts Finally Pay Dividends But Demand Concerns Continue.

  • South Korea sets up $8.2 billion special purpose vehicle to stabilize bond market.

  • Venezuela's central bank has made a legal claim to try to force the Bank of England to hand over €930 million ($1.02 billion) of gold.

13 views0 comments

Komentarji


bottom of page