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Correction in Gold isn’t over yet; don’t be in the rush to buy!
- October 6, 2020
- Posted by: Amit Pabari
- Category: Commodities
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Gold rally that had picked up the pace in March was settled in August and since then, the yellow metal has remained more or less flat.
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Euro is near 1.1650 crucial level, what’s next on the cards?
- September 29, 2020
- Posted by: Amit Pabari
- Category: Currency
Euro crossed its 2-year high and had the sharpest decline of nearly 1.7 percent since April, both in the same month.
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Rupee at 73.5 per dollar: Will it appreciate or depreciate?
- September 22, 2020
- Posted by: Amit Pabari
- Category: Currency
Let’s understand the same through the factors which can be influential in driving the near term course for the pair.
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Euro catched eye after ECB meet; pound shows resilience, dollar struggle continues
- September 18, 2020
- Posted by: Amit Pabari
- Category: Currency
With the busy and eventful week amid a couple of Data important releases from the Euro-Zone, BoE, and US FOMC meeting, let’s analyze what’s there in the treasure for the cross currencies in the coming days.
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After achieving 73/$, what’s next on the cards for rupee?
- September 1, 2020
- Posted by: Amit Pabari
- Category: Market
Rupee turned heads by emerging strongest amongst its Asian peers by gaining nearly 2.80 percent in the past 7 trading sessions. Now that 73/$ levels are achieved is it the time to buckle up for 72/$?
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Is Rupee on it’s way towards 73 per dollar?
- August 26, 2020
- Posted by: Amit Pabari
- Category: Currency
The nature of rupee suggests, the longer the pair trades range-bound, the sharper and stronger is the breakout.
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How long will RBI keep buying dollar and prevent rupee from appreciation?
- August 18, 2020
- Posted by: Amit Pabari
- Category: Currency
RBI has accumulated nearly $62.63 billion of Forex reserves so far since March 2020. The central bank not just bought dollars but also played a great role in controlling the volatility in the pair.
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Is the current dollar rally sustainable?
- August 12, 2020
- Posted by: Amit Pabari
- Category: Currency
The dollar is trying to be resilient and showcased some strength following Friday’s better-than-expected employment report.
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Will seasonality play out for rupee in August?
- August 4, 2020
- Posted by: Amit Pabari
- Category: Currency
August has been a resolutely weak month for the rupee and the pair has depreciated 10 times in 11 years.
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Time to book profit or the bulls continue as gold hits fresh highs
- July 28, 2020
- Posted by: Amit Pabari
- Category: Commodities
Amit Pabari lists some factors that might draw gold even higher from the prevailing levels:
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