"Our company has substantial exposure to forex risk. KSHITIJ has a very structured operating procedure of hedging which they discuss with us in weekly FX Review meetings giving us a clear picture as to where we stand in our covers and exposures, which is very systematic. It gives us a lot of comfort in the forex aspect of the business. - P D Bagla, Jt. President, DCM Shriram Industries Ltd., New Delhi"

May'23 Monthly Forecast

Our May'23 Monthly Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.

May '23 EURUSD Forecast

EURINR has been holding below resistance near 90.60 and finding it difficult to break above 90.60. Will the pair hold and decline eventually giving more weightage to the resistance near 90.60? Or can the sideways movement be considered as a temporary pause post which we may see a sharp break out on the upside? ... Click to View

June'23 US Treasury Forecast

In our Apr-23 report (27-Mar-23, US10Yr @ 3.44%) we had said that (A) the FED’s 2% inflation target is an arbitrary number which was possibly based on the benign post-1980 world of economic co-operation and declining inflation. It is good to see our view being... Click to View

June'23 Crude Oil Forecast

Brent has been ranged since Dec-22 within $90-70 region. OPEC production cut has been implemented this month and the impact can be assessed in the next OPEC meeting scheduled on 4th June 2023.Possibility of economic slowdown could weigh ... Click to View