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WEEKLY FOREX REPORT BY EPIC RESEARCH -18 JUNU 2012
4 pagine
Pubblicato da
soni asha
weekly Forex Report(18 JUN 2012)
Weekly News
Weekly trends of the market
A volatile week is in store for the rupee and bonds.
Analysis: Delta heats up competition for New York flyers.
Facebook sketches out IPO-mess...
[Di più]
weekly Forex Report(18 JUN 2012)
Weekly News
Weekly trends of the market
A volatile week is in store for the rupee and bonds.
Analysis: Delta heats up competition for New York flyers.
Facebook sketches out IPO-mess defense; CTO departs.
Weak factories, sentiment show shaky U.
S.
recovery.
The local currency could swing between 55.
10 to 56.
20 according to traders, given confluence
of Greek elections, RBI s policy decision, and Federal Reserve meeting.
Key events for rupee
include Greek elections and Fed s meeting ending on Wednesday, which some hope could lead
to a further round of monetary easing that may push down the dollar and boost risk assets.
India s 10-year bonds could rally if the RBI cuts the repo rate by 25 bps or by 50 bps.
A lack of
action could lead to a sell-off.
A cut in the cash reserve ratio would lead to a knee-jerk rally,
but could raise questions about the scope of further bond purchases via open market
operations and l
[Di meno]
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