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Risk Management solutions for Managing FX, Interest Rate Risk and Trade finance for Exporters and Importers

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Latest trends in FX & Treasury through customized training programs and Treasury Elite events

Strategy Outlook of the day

Currency Outlook of the Day - 27 October 2020

  • Market participants continue to readjust their positions ahead of the US presidential elections. Risky bets are being taken off the table. Overall mood is that of caution. Markets are unnerved by the lack of progress on fiscal stimulus, rising Corona cases in Europe and the US along with the latest escalation in US-China tensions. China's plan to sanction Boeing Defense, Lockheed Martin over arms sales to China has also spooked investors. Turkish Lira depreciating past the 8 mark against the US Dollar has skewed sentiment against EM currencies. Typical risk-off moves was seen across asset classes. 
  • The US Dollar strengthened (particularly against the Yuan). Stocks sold off, US treasuries saw safe-haven bids, crude and base metals too sold off. Today is the October series Currency derivative expiry. We may see some selling at RBI fix on account of this. The Rupee weakened yesterday to 74.00 in exchange trading i.e. post OTC close. We may see some short USD/INR positioning get stopped out above 74. However, a one way move higher is not likely. Month-end exporter selling may cap upside in USDINR. For the day, we expect a range of 73.80-74.15. 

















Seagull strategy for Importers (October 2020 expiry)

As per the current market scenario, we suggest importers to go for seagull strategy.

Buy Call 74.00 strike @50 paise 

Sell Put 73.00 strike @12 paise

Sell Call 75.00 strike @18 paise

Net premium to be paid: 20 paise






Chart of the Day - USDINR

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USDINR pair opened above the falling trendline of 73.80 level today. Immediate resistance for the pair now stands 74.00 mark which is the daily supertrend level. On the flipside, the daily middle Bollinger band around 73.50 may continue to provide support for the near term.


Quant Barometer - 27 October 2020

IFA Global Proprietary model based on various techno-fundamental factors suggests USDINR Outlook for given time frame.

Our Take on the Market

IFA

9th Edition Treasury Elite Conclave powered by IFA Global - Speakers: Mr. Mark Mobius & Mr. Manish Chokhani

26 Jun 2020

Topic of Discussion: US China rivalry: A lose-lose for Global Trade and Markets?

Our Moderator for the event:

Mr. Govindraj Ethiraj, Founder, Indiaspend & BOOM

We have a renowned panel of global experts participating in this Webinar:

Mr. Mark Mobius, Founder & Partner, Mobius Capital Partners

Mr. Manish Chokhani, Director, Enam Holdings Pvt Ltd

Possible Scenarios of Rupee - US Elections - 19 Oct 2020

Major factors that will determine Rupee's move - 2nd October 2020 - 02 Oct 2020

Guidelines for Hedging Currency Risk under Anticipated Route (w.e.f. 1st September 2020) - 20 Aug 2020

RBI Policy - How will rupee react? - 05 Aug 2020

Why is the RBI buying dollars aggressively? - 04 Aug 2020

IFA Blogs

We put together our take on the major domestic and global factors driving risk sentiment over the medium term with special emphasis on political developments, monetary policy outlook and fiscal policy implications.

Contact us for a No Obligation Trial Consultation

Trial will include:

  1. Access to our world class research and data analytics
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  3. Live FX rates, calculators and USDINR barometer
  4. Discussions with our Senior Advisors on your FX exposures
  5. Treasury 360o Check & bank fee analysis
  6. Access to our FX wire (WhatsApp alerts), Knowledge Cell and Research Reports
  7. Discussions on your trade finance requirements

Client Testimonials

Mr. Vijay Agarwal

- Chairman, Creative Textile Mills Pvt Ltd, Mumbai

We have been associated with IFA Global for 4 years now. I can only tell that they have taken away a lot of my burden from foreign exchange. Previously, whenever I used to do; half of my time would go into analysing whether the market will go up or down. Now I am free, these guys are taking care of it very well. Transparent, Honest and Hard Working, can’t get better than this.

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Mr. Vanjinath

- Managing Director, Cotton Concepts Pvt Ltd , Coimbatore

I have been associated with IFA Global for few years and have got great service so far. I am filled with a lot of information which helps me in the industry. The team has been professional and helped me in every single bit to understand how the market works. Especially when we deal with our own business, we do not understand the nuances of how the forex market works. The team has really broken down every single thing that is required when it comes to how the market performs or how we could utilise the benefits of forex in our business.

Right from bringing down my bank interest rates to negotiating with banks in terms of all conversions & rates; everywhere they have given me benefits in business. And, that is where I see them add value. I would recommend IFA Global for all their support.

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Mr. Senthil Kumar

- Chairman, BKS Textiles Pvt Ltd, Coimbatore

Since the last few years, frankly speaking we have forgotten what we are supposed to do about our foreign currency transactions. We have left everything to IFA Global. We are comfortable and can devote our time to other things. We also feel by large we have made reasonable profits on FX transactions. Service wise, it has been a very good experience. Without asking, we have received the right advice at the right time so that we can remain in our business as competitive as we can. Happy with their services and would like to add & avail more services like Treasury Audit etc.

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Mr. Shailesh  Shah

- Executive Director, Sonic Biochem Extractions Ltd, Indore

We have been associated with IFA Global for more than 5 years. We are exporters and happy to inform that every morning we talk on business and we are able to make good decisions on Forex. We have good relationship with the firm and the people of the firm. Able to discuss and share our business as well as personal issues. People in the firm are excellent at large.

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Treasury Elite Leadership Series

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Mr. Nikhil Kamath

Co-Founder & Chief Investment Officer, Zerodha & True Beacon

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Mr. T.V Mohandas Pai

Co- Founder & Chairman, Aarin Capial, Chairman, 3one4 and Manipal Global Education

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Mr. Ramesh Agarwal

Founder, Agarwal Packers & Movers Ltd

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Mr. B Thiagarajan

Managing Director, Blue Star

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MS Unnikrishnan

Managing Director & CEO, Thermax Ltd.

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Mr. Rajesh Mehta

Chairman, Rajesh Export

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Mr. Sunil Gala

MD, Navneet Education LTD

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Mr. Lalit Malik

CFO, Dabur India Ltd

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Mr. Vivek Chaand Sehgal

Chairman, Motherson Group

Treasury Elite

The Knowledge Sharing Network

Treasury Elite (TE) is a not-for-profit forum conceptualized exclusively for entrepreneurs, treasury and finance professionals to facilitate sharing of knowledge and information pertaining to every aspect of treasury management.

Treasury Elite events present an ideal opportunity to its participants to network, interact and discuss the best practices being followed in treasury management.

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Treasury Elite Conclave powered by IFA Global - 26th June, 2020

Topic of Discussion: US China rivalry: A lose-lose for Global Trade and Markets?

location Live Webinar

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Treasury Elite Conclave powered by IFA Global - 15th May, 2020

Financial Markets, Global Trade and Life - Transition or Transformation?

location Live Webinar

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Treasury Elite Conclave powered by IFA Global - Mumbai – 10th January 2020

Indian Economy - Path to USD 5 trillion - Opportunities, Challenges and Way Forward.

location Boundary Hall, MCA Club, Bandra Kurla Complex, Mumbai

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Treasury Elite Conclave - 23rd February 2018

Structural Reforms in Indian Economy: Is the growth push inevitable?

location Boundary Hall, MCA Club, BKC

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Treasury Elite Conclave - 18th August 2017

Road Ahead: Changing landscape of India INC

location Boundary Hall, MCA Club, Bandra Kurla Complex, Mumbai.

Why Us

2005

Founding Year

950+

Clients Served

25000+

Network Within Industry

20 Billion USD

FX Exposure Under Management

56

Cities Served

22% CAGR

Annual FX Returns

Over the last decade and a half, IFA Global has become a trusted name in delivering Treasury Solutions. We engage with clients to evolve a treasury strategy and streamline treasury operations, resulting in quantifiable monetary benefits and a sustainable competitive advantage. We have catered to over 950 clients from 40 different sectors. We have engaged with entrepreneurial startups, SMEs, Public Limited Companies and Multinational Corporations. We understand the expectations and set of challenges unique to each one of them. During the course of these interactions, IFA has developed a repository of tacit domain knowledge.

We have an experienced team comprising of Economists, Technical Analysts, Quant Strategists, Trade Finance Professionals, and Ex-Bankers. At IFA, we believe Research is the backbone of our advisory and wealth management functions and therefore, the endeavor over the years has been to strengthen our research capability. We advise clients based on our proprietary quant-based techno-fundamental model. This prevents behavioral biases from creeping in. We believe our Algo and Quant-based focus on delivering solutions sets us apart from the competition.

When it comes to views on the FX markets, IFA has been one of the most sought-after names across print and electronic media. We believe in maintaining a thoroughly professional relationship with our clients. Every effort is made to preserve the confidentiality of data shared with us. We are an FX Partner You Can Trust.