Monday 1 April 2013

High CAD - Will the INR fall?

 

 

 


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Currency view – CAD is high but INR will not fall

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CAD is High but Markets Will Not Panic

Net to net, despite worries on issues such as the Cyprus bailout, the INR does not look vulnerable to the high CAD at current levels. In fact markets will tend to take profits or go short on the USD/INR pair if there is further uptrend in the levels.   

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Have a good day

Regards

 

Arjun Parthasarathy

Editor: Investors are Idiots.com

www.investorsareidiots.com

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