Here are the key points that could be deciding factors for the outlook on the Pound ahead of the Bank of England monetary policy.

Let’s check whether heads (positive factors) or tails (Negative factors) shall lead the momentum for the rupee.

The US future outlook seems brighter than Europe. Let’s discuss key points and check Euro’s medium-term outlook.

The below factors will help you to analyze the impact of the fundamentals and technical on Rupee and able to judge the view.

The higher US bond yield and inflation are headwinds for the Emerging market central banks and hence they forcefully need to do rate hikes to control the flight of capital flows.

Over the period of last 12 months, EUR.O had risen nearly over 15 percent from 1.0650 to 1.23000 levels.

Currency markets have recently been taking their cues from the global bond market, where yields have surged in anticipation of accelerated economic recovery.

In December, Jan 2021 the UK’s economy was taken aback due to rising COVID cases and lockdowns