Morning Briefing Dollar-Yuan (6.5855) is attempting to rise past 6.60 and might see success if and while it remains above 6.5750. Dollar-Rupee (64.81) rose sharply to a high of 64.8425 yesterday and may rise some more while above 64.50 now. The Indian 10Yr GOI (6.6749%) saw large jump yesterday as FIIs probably sold Indian after the FOMC. However, there is strong/ crucial Resistance coming up near 6.7000-7250% overhead, which could hold. That could limit the upside in Dollar-Rupee to 65.00-25.
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