WEEKLY RANGE – 72.25 (71.75 – 70.50 ) 70.36
CONCERN:-
THE TRADE WAR
ECONOMIC SLOWDOWN, RECESSION
GLOBAL BOND YIELDS / NEGATIVE DEBT PILE
EARNINGS RECESSION
BREXIT
ITALIAN FISCAL POLICY
CENTRAL BANK AMMO
USDINR PUT CALL RATIO:-
Conclusion Weekly :-
On Import Aspect: - Avoid Buyer’s Credit, every dip must cover short to medium term.
On Export Aspect: - Must cover thru Forwards for short term with tranches .
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