The Rupee weakened in the final session of the week after official data showed the economy slowing faster than was expected in the third-quarter, leading some analysts to tip further declines for t…
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The Rupee continued to advance on the Pound and Dollar Wednesday but its depreciation bias has returned, according to some analysts, and technical indicators on the charts also still warning of los…
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The Rupee has held its own against the Dollar and Pound Sterling in choppy markets this week but is likely to make further gains into year-end and beyond as domestic as well as international factor…
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The Rupee ceded ground to a stronger Dollar Tuesday but is being tipped to hold its own through the rest of the week as international flows into the domestic stock market provide an offset to any s…
Read more … →Concerning the GBP/INR outlook, charts show the pair pulling back in a correction although the overall bullish trend is expected to resume eventually.
Read more … →GBP/INR charts show the pair pulling back in a correction although the overall bullish trend is expected to resume eventually.
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The GBP/INR is trading at around 91.83 at the time of writing, after falling 0.5% so far in the new week, although the charts sugest the pair is overstretched and probably due a pullback in th…
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The IMF has heavily revised down Indian economic growth forecasts for 2019, with the expected slowdown in growth likely to pose negative implications for the Rupee.
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Further gains in GBP/INR are possible with charts now showing the pair in a bullish position after breaking and closing above a long-term make-or-break trendline.
Read more … →India's economic slowdown is not a temporary ‘blip’ according to a report by S&P Global Ratings who forecast it to continue for another 12-24 months, with negative consequences for the Rupee.
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