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ICICI Direct recommended buying USD/INR January futures with a target of 68.65 to 68.85. The note cites government bond moves and expectations that the dollar will find support at lower levels.
This is a routine currency trade recommendation with no new supply or demand shock for agricultural commodities.
moneycontrol.comJan 27, 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.
