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25 April, 2024 13:15 IST
Currency outlook from Sushil Finance
Source: IRIS | 28 Aug, 2014, 09.52AM
Rating: NAN / 5 stars.
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Sushil Finance expects USDINR to trade positive on the back of Fed may have to raise rates sooner and faster than expected.

''We expect EURINR to trade on the negative note on the back of strong foreign buying in Indian markets, the hints of endless stimulus by the ECB and weaker than expected German data,'' it added.

''We expect GBPINR to trade on the negative note on the back of strong foreign buying in Indian markets and under pressure GBP against most of the currencies,'' it said.

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