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USD/INR may open lower around 63.94 vs 64.11 close, spike in EUR weighs

Expect short covering as EUR seen up side after overnight spike, Euro group meeting in focus INR NDFs traded 64.25-64.56 range o/n, closed 64.24-64.28 in NY Market Eyes on profit taking from leveraged, gamma related buyi…

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  • Expect short covering as EUR seen up side after overnight spike, Euro group meeting in focus

  • INR NDFs traded 64.25-64.56 range o/n, closed 64.24-64.28 in NY

  • Market Eyes on profit taking from leveraged, gamma related buying

 

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