Dollar Yen attempted to break the contracting sideways movement that started in Apr'15 by testing 112 in Feb'20. In the current report we observe the recent sharp movements in different factors like Dollar Index, Gold, Nikkei etc brought in by the news of outbreak and spread of Coronavirus.We further analyse the resultant impact on Dollar Yen and whether there is scope for Dollar Yen to see an immediate break from the sideways consolidation.
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July'21 Quarterly Forecast
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WHAT'S NEW?
June'21 EURUSD Report
Euro has managed to sustain well above 1.20 and has risen sharply. Can the Euro retain its bullish momentum? ...Read More
WHAT'S NEW?
July'21 USDJPY Report
Dollar-Yen rose sharply along with Dollar Index after the FOMC statement on 16th June'21. Is there scope for further up move on USDJPY from current levels? ... Read More
WHAT'S NEW?
Aug'21 Crude Oil Report
Brent tested $77.84 in July exactly in line with our expectation of seeing a rejection from $75-77 levels mentioned since our Mar'21 report. A pull back expected towards $65 also played out well as Brent fell off to test $67.44. We now analyze the next course of movement for ... Read More
WHAT'S NEW?
June'21 US Treasury Report
The US Treasury yields at the far-end are attempting to bounce after having fallen sharply triggered by the outcome of the recent Federal Reserve meeting. Can this bounce sustain and take the yields sharply higher or ... Read More
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Shyam Group of Companies
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Marico Ltd.
Mumbai
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