Import and Export (EXIM) - Currency Hedging Guide
What is hedging in foreign exchange?By using a forex hedge properly, a trader who is long a foreign currency pair can be protected from downside risk, while the trader who is short a foreign currency pair can protect against upside risk.
EURINR Intraday Outlook : 5.4.2017
EURINR Intraday Outlook : 5.4.2017 NIFTY FUT TREND : BUY ZONE BANKNIFTY FUT TREND : BUY ZONE
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EURO is trading at 1.0680, after being topped at 1.0700 in Friday’s session. Despite lower German unemployment and good uptick in retail sales data we have seen the euro to reverse sharply from the levels of 1.0705 to a low of 1.0645, with concern shifting towards the first round of the French election as well as the inflation which is moving in the wrong direction with CPI slowing to 1.5% from 2%. Now the key focus in April would be upcoming French elections and so far it appears that Emmanuel Macron holds a comfortable lead over Marine Le Pen. With 23rd April coming closer, the euro’s volatility to the French polls to increase significantly. Today, in terms of economic data we have Eurozones Manufacturing PMI, Unemployment rate and German Manufacturing PMI to be reported. Expect EUR/USD to trade sideways ahead of French elections.