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? For detailed report refer to the May23 edition of our monthly report.
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WHAT'S NEW?
May'23 Monthly Forecast
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WHAT'S NEW?
May '23 EURUSD Report
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? ...Read More
WHAT'S NEW?
June'23 Crude Oil Report
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 ... Read More
WHAT'S NEW?
June'23 US Treasury Report
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 .... Read More
