Weekly predictions for US $ vs other currencies April27-May 1

This week Weekly Prediction for currency traded in US markets is being posted( last week's closing value in each case is the benchmark)

1.US$ is likely to depreciate against Yen initially but as week progresses trend will be reversed for some time leading to possible net appreciation

2. US $ is likely to appreciate against Euro initially but trend will be reversed leading to net depreciation of US $ )

3. US $ likely to appreciate against Pound Sterling

4. US $ will depreciate against Hong kong dollar in volatile trade over the week


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