Morning BriefingEuro (1.1710) dipped below 1.17 yesterday, seeing a low of 1.1676. Corresponding to the Dollar Index’s possible dip towards 93.6-93.7, Euro could rise to 1.175. A more pronounced upward correction would take it to 1.18 (13 days MA) once again. A test of 95 by Dollar Index in the next 1-2 weeks could imply Euro testing 1.155. The 89 weeks MA for the Euro which could produce a bounce is near 1.145.
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May Monthly Forecast
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May Calendar Wallpaper
The Indian 10 Yr GOI yield has risen to 7.75% in Apr'18 in line with our expectation of a rise towards 8% over 2018. It may soon test our targeted 8%. Will it now rise past 8% towards 9%? ....
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