AGM (Vice President), Global Trading Centre, FX & Rates Treasury, Shinhan Bank India | ICICI Bank | Indusind Bank | Kotak Securities | Views are personal.
EUR/USD falls as climbing US Treasury yields and risk-off sentiment bolster the US Dollar. The uncertainty over US presidential elections keeps market sentiment jittery. BoC to cut rates today. For USDINR, 84.03 acts as a support while 84.15/20 a resistance. #usdinr #rupee #dollarindex #dxy #fx #forex #currency #inflation #growth #bonds #yields #equities #globalmarkets #federalreserve #fed #brentcrude #oil
Vice President- FX Product specialist- south , North & west - Institutional banking Group - CITI BANK NA EX - SCB
4 个月Potential of a more downside in euro given the growth & rate differentials with the US - Looks like ecb would embark on more agressive easing to cushion growth & address the pronounced slowdown while for fed it would be gradual and calibrated owing to resilence in the us economy Trump probability of winning elections , geopolitical frictions & fiscal impulses in U.S. are also a great news for dollar bulls whcih have lifted yeilds underpinning the greenback & putting pressure on the common currency