Tuesday, May 12, 2015
Friday, May 1, 2015
Wednesday, April 29, 2015
USD - INR enters bearish phase
USD to INR exchange enteres into bearish phase and will remain between 63.1 to 63.5.
This price will fluctuate and will not go beyond this range of 63.1 to 63.5. next month it will increase this range once the oil flow is reduced in american production.
Link to Money COntrol site
This price will fluctuate and will not go beyond this range of 63.1 to 63.5. next month it will increase this range once the oil flow is reduced in american production.
Link to Money COntrol site
Tuesday, April 28, 2015
ICICI expectations on INR
ICICI direct expects INR to touch 63.90 to 64.10 in the mean time . This is way too over rated and i personlally believe it is not going to reach anything beyond 63.50 in next couple of months.
There is some catalyst needed to push beyond these boundaries and as such there is nothing that exist in the market to triiger them.
There is some catalyst needed to push beyond these boundaries and as such there is nothing that exist in the market to triiger them.
Monday, April 27, 2015
INR weakens
As per our prediction of weak INR against USD is imminent and it will be further go down due to several factors like,
Weak Oil production in US
Iraq's oil in free oil market
High oil production in Gulf
High oil usage in peak Indian summer and will last till October
and few more factors...
All of these will further push the rupee down : Link
Weak Oil production in US
Iraq's oil in free oil market
High oil production in Gulf
High oil usage in peak Indian summer and will last till October
and few more factors...
All of these will further push the rupee down : Link
Sunday, April 26, 2015
Friday, April 24, 2015
USD to INR forecast - 2015
USD to INR Forecast
I just want to give guidance on how the indian rupee will perform in the forth coming days
Month
Forecast
April 2015
Rs 63.45
May 2015
Rs 63.85
June 2015
Rs 64.25
July 2015
Rs 64.65
August 2015
Rs 64.95
September 2015
Rs 64.90
October 2015
Rs 65.55
November 2015
Rs 66.00
December 2015
Rs 66.35
January 2016
Rs 66.60
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