USDINR WEEKLY - 5TH TO 9TH AUGUST 2019

WEEKLY RANGE – 68.94 (69.26 – 69.95 ) 70.32

CONCERN

• EQUITY MARKET BLOOD BATH.

• THE TRADE WAR

• EMERGING MARKET CURRENCIES FURIOUS MOVE

• THE SLOWDOWN FEAR

POSITIVE ASPECT

• OIL PRICE FAVORABLE MOVE

• RBI INTERVENTION

• MONETARY STIMULUS HOPE

• CAPITAL INFUSION IN BONDS

USDINR PUT CALL RATIO:-

Conclusion Weekly :-

1. On Import Aspect: - ANY DIP MUST COVER , EVERY 20-25 PIPS FALL ACCUMULATE POSITION FOR SHORT TO MEDIUM TERM.

2. On Export Aspect: - Cover with PUT option strategies .

DERIVATIVES:-

INDIAN 10 YEAR BONDS:-

UPCOMING WEEK IMPORTANT GLOBAL ECONOMIC EVENTS:-

• USA ISM MANUFACTURING PMI (5 TH AUG)

• RBA INTEREST RATE DECISION (6 TH AUG)

• RBNZ INTEREST RATE DECISION (7 TH AUG)

• RBI INTEREST RATE DECISION (7 TH AUG)