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Topic : Indian Rupee vs. other currencies
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Activity:  3 views;  last activity : 12 29 2010 05:16:07 +0000

 
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1 Currency Derivatives - Currency Futures and Currency Options

Currency Derivatives - Currency Futures and Currency Options

idea posted by Dilip Raghuwanshi Manager - Currency Derivatives Segment, Asit C Mehta Investment Interrmediates Limited

The Stock Market looks bouyant currently with the Sensex above 20k and Nifty trading back above 6k today.

 

On the global front the Dollar looks to be consolidating and perhaps we will see demand for the Dollar against the Rupee in the New Year.  With inflation stubbornly high and the price of Commodities rising the Rupee is likely to come under pressure initially at least until the commodity prices stabilize. 

 

A good safe way of taking advantage of the moves in the Rupee against the Dollar, Euro, Sterling and the Yen would be to trade the Currency Futures contracts.

Currency options also present a great way of taking advantage of the moves in the Dollar against the Rupee with losses limited to the extent of premium paid while profits are unlimited.

 

Would love to see some comments and ideas from other members on this topic.

 

Regards

 

Dilip Raghuwanshi

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