It continues the walk of the New Zealand Dollar on the back of a positive macro-economic environment with an inflation which is still pretty low. 247 more words
Tags » $USD
India’s receipts from invisible services remained almost flat at USD 58.6 billion in the April-June quarter of current fiscal, while payments towards those activities rose by 13.8 per cent to USD 35.05 billion, RBI data showed. 156 more words
India Ratings and Research (Ind-Ra), according to base case scenario, expects another Rs 550 billion of durable liquidity needs to be infused through open market operation (OMO) purchases in 2HFY17, over and above Rs 1.05 trn in 1HFY17. 325 more words
USD: Further Gains Expected. Bullish.
We increasingly believe the USD is moving back to its long-term bullish trend, driven by two factors. First, the closing US output gap and its implications on monetary policy should move rate and yield differentials in favour of the USD. 816 more words
Review: Except USD, which rose a bit, and bonds which had a little bit of a recovery, it was kind of a boring. Did see indices again coming close to breakdown on latter part of the week, on the energy days, but nothing dramatic or too meaningful. 309 more words