Is Euro Weakness here to stay?
May, 22, 2018 By Saandhy Ganeriwala 0 comments
Saandhy Ganeriwala
Saandhy is a postgraduate in Economics, but like all good market-men, he seeks confirmation from technical analysis charts for his macroeconomic ideas. His research is a good mix of charts, stats and econ. Apart from that, he calls himself a news junkie and an occasional writer.
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Yields have risen across the Curve in line with the anticipations in our Dec-24 report (30-Nov-24, UST10Y 4.18%).Both the US5Yr and US10Yr have risen well as expected. Even the US2Yr has risen, but the rise is a little …. Read More
With the US economic data strong and stable, the earlier expected US slowdown has not played out, resulting in the crude price trading higher while above $70 (Brent). While there is uncertainty in the long-term direction for crude, as long as it stays within the range of $67-80 (Brent), we have kept our earlier forecasts intact this month. Supply from the OPEC countries is also likely to remain tight for the next couple of months. Additionally, a rising Dollar could keep the crude at the higher end of its sideways range for now … Read More
In our Dec-24 edition (12-Dec-24, EURUSD @ 1.0505), we expected the Euro to limit its downside to 1.0333 and bounce back towards 1.0650-1.08 by Feb-25 followed by an eventual rise to 1.09-1.11 by mid of 2025. But contrary to our expectations, Euro broke below 1.0333 and sustained lower towards 1.01. ……. Read More
Our January ’25 Quarterly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
Our January ’25 Quarterly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.