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Indian elections trigger Rupee rally, as central banks remain focus for G10

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Indian elections trigger Rupee rally, as central banks remain focus for G10

ETFS CURRENCY WEEKLY – Indian elections trigger Rupee rally, as central banks remain focus for G10

A weekly overview of global currency market developments. The report details the past week’s performance of G10 currency pairs and currency baskets, directional model signals for the week ahead, longer-term consensus currency forecasts, futures market positioning data and a macroeconomic commentary on the FX market.

Indian elections trigger Rupee rally, as central banks remain focus for G10

Summary


•    Rupee rallies on BJP win
•    Japanese Yen strengthens ahead of BOJ meeting
•    Downside risk for Pound

Important Information

This communication has been issued and approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by ETF Securities (UK) Limited (”ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (”FCA”).

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