TREND - BULLISH
Events effect rupee this week:-
FOMC MINUTES
USA CHINA TRADE TALK OUTCOME
BRENT OIL BREACH FIBO (0.3820) resistance 63.17
INDIA 10 YR BONDS ON SELL MODE (Border Tension)
BREXIT CONFUSION
WEEKLY PROJECTION – 70.49 (70.90 – 71.78) 72.18
HIGHLIGHTS – 11TH FEB – 15TH FEB 2019
INDIA FOREX RESERVE $398.12B Vs. $400.24B (WEEKLY).
INDIA – PAKISTAN BORDER TENSION.
DOLLAR HIT 3 MONTH HIGH.
USA – CHINA TRADE TALK.
GOLD DEMAND AS SAFE HAVEN.
OIL RALLY ON SAUDI OUTPUT CUT IN JANUARY, HIT 2019 HIGH.
EURO HIT ON WEAK DATA.
USA RETAIL SALES FALL UP TO NEAR 2009 LEVELS.
UK PM DELIBERATE ON BREXIT DEAL.
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