Kshitij Consultancy Services
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March ' 24 Euro Report

Euro has moved up from 1.0695 to 1.10 during the current Jan-Mar'24 quarter. With crucial resistance at 1.10, will Euro manage to rise past 1.10 and move higher? Or will it fall back into the 1.0695-1.10 range? We have laid out a few important factors and given our preferences with detailed analysis in the Mar-24 report. Markets expect the ECB to come up with a first rate cut in June-24 while inflation data is expected to come out lower for the coming months.
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