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The coronavirus fears are resurfacing as cases have started By Rahul Gupta, Emkay Global
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Below are Views On The coronavirus fears are resurfacing as cases have started By Mr. Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services
“The coronavirus fears are resurfacing as cases have started to tick up all over the world. This is dampening the reopening and recovery optimism and will keep the safe-haven dollar demand intact. However there is IPO euphoria in the market which is keeping the spot below 73 levels. Until the spot is trading below 73 zone, the trend will be bearish, with crucial support being 72.25.”
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
