Tag: Indian Rupee

The Dollar Takes 'EM Down

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Dear readers, I am very grateful to get all your feedback and suggestions that you kindly share with me all the time! Rasesh Shukla, one of our regular readers asked about the Emerging market currencies and particularly about Indian rupee in a comment this month. And I am pleased to share my thoughts with all of you in this post.

Chart 1. 5-Year Dynamics of Top FX vs. EM FX

5-Year Dynamics of Top FX vs. EM FX
Chart courtesy of tradingview.com

I want to start with the comparison chart of the top currencies presented by inverse dollar index, consisting of 6 currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc (orange line) versus the emerging market currencies presented by WisdomTree Emerging Currency Strategy Fund (CEW, green line). The former is quite representative, it tracks the value of the following 15 currencies: Mexican Peso, Brazilian Real, Chilean Peso, Colombian Peso, South African Rand, Polish Zloty, Russian Ruble, Turkish New Lira, Chinese Yuan, South Korean Won, Indonesian Rupiah, Indian Rupee, Malaysian Ringgit, Philippine Peso and Thai Baht. Continue reading "The Dollar Takes 'EM Down" →

Indian Rupee: In It For The Long Haul?

Posted on by Lior Alkalay

Lior Alkalay - INO.com Contributor - Forex


Over the past few months, the focus in the FX space alternated between a likely Fed rate hike to a possible Grexit to the woes in China. Justifiably, all of those matters will undoubtedly shape the dynamics and future trends of FX. But while the FX market has been busy focusing on the major currencies, opportunities might be passing by.

It may be that FX investors are missing some long-term value trends that could be rewarding if one exercises patience. One of those trends is the Indian Rupee. The Rupee's been hidden from center stage but is gradually being positioned into a long-term bullish trend. Now while that does pose some risk, it could become worthwhile for those willing to engage. So why now is the Indian Rupee on the verge of becoming interesting? Continue reading "Indian Rupee: In It For The Long Haul?" →