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USD/INR maintains bullish bias on ext stocks and bonds sell-off

Friday, May 8, 2015 3:19 AM UTC

Huge stops tripped above 63.80, 64.00, closed 64.24, lowest since September 6 2013
Foreigner dumped mln bonds yesterday; benchmark yields +10bps
Pair may trade 64.00-30 intraday, expect RBI to hinder
NDFs traded 64.56-64.73 range overnight, closed 64.53-64.56 in NY

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USD/INR maintains bullish bias on ext stocks and bonds sell-off

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