Friday, 5 May 2017

USD-INR continues to consolidate around current levels

"The USD seems to have taken a breather ahead of US Jobs data later today and second round of French Presidential elections later this week, after a hawkish FoMC." "The USD-INR pair continues to consolidate around the current levels and is expected to trade in the 64.10-64.40 range ahead of the crucial data today."


"The bond yields also continue to consolidate around current levels, and the 10-year yield is expected to trade in the 6.95-7 percent range ahead of jobs data today,". 

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Riyanshi

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