Loading…
ICICI Direct recommended buying USDINR with a target of 64.75 to 64.85 after the rupee closed sharply lower on June 16. The firm cited weak equities and a hawkish Fed stance.
This is a trading recommendation rather than a supply or demand event, so its direct effect on feed commodity prices is limited.
moneycontrol.comJun 16, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
