Is USDINR heading to 78.0 next or to 74.0?

Is USDINR heading to 78.0 next or to 74.0 ? USDINR recently moved to 75.0 and now is back to 76.0. Question is where is it headed next? To answer that question, we need to first examine the key factors which are driving USDINR at this stage – 1. Current Account...

INR has moved from 70.70 to 72.00. Will it move to 75?

INR has moved from 70.70 to 72.00. Will it move to 75? INR has moved sharply from 70.70 up to 72.20 and currently trading at 72.17. This was expected as explained repeatedly in our analysis in recent times. Question is whether it will move towards 75.0 + kind of...

How severe is the Global Slowdown?

How Severe is the Global Slowdown? A look at the chart can show how major economies in the world are slipping into red zone of growth. There is no recession but slowdown is omnipresent. This is and will severely impact various asset prices in the coming days. Cutting...