Blunt By Nature
@bugequity
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ID: 1293217228511260675
11-08-2020 16:06:36
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Ajay Bagga They are saying this so that mkts come up and they can sell 😏 Yen is up whopping 15% in 6 weeks against INR. Unwinding still hasn’t started in India!!!! Wait till carry trade returns go below the currency returns!!!
Piyush Chaudhry Not many still seem to be watching this. This week was a BO close. But watch JPYINR, never seen anybody talk about it. It has a very high inverse corelation with Indian Mkts, JPY seems to have bottomed out from its downmove that began in 2020 & has started the upmove against INR