Whether USD rate are going to improve ? Whether there is any chance that Infosys will cross 2500?

Question

Whether USD rate are going to improve ? Whether there is any chance that Infosys will cross 2500?

Answer 1

to know about the future u have to consult an astrologer. Infosys can move to 2500 and more also if the market improves, but if the the market as a whole performs the way it is doing today there are no chances of Infosys hitting 2500 in the near future. the point is that all these are guesses, one can never know what is going to happen tomorww. u can only hope for the best. like yesterday the tv news channels wer e saying that the crude can go upto 250 usd per barrel or more. if it really does, can U tell what will happen.

Answer 2

Experts expect that in future the dollar has to depriciate further as compared to other currencies.

Infosys reaching 2500 might not be possible in the near future.

Answer 3

The US dollar has likely bottomed and I would expect it higher in a year. You have to realize that most market cycles, and stocks or commodities trade to a point of climax before they reverse. You can typically spot a top or bottom AFTER a long move, i.e. months or years, when all the commentators on TV, lay people in your social groups, and magazine covers start talking about it. That usually is an indicator that all the big money investors who were either short the dollar or long the Euro have made their money and now the novices are getting in the game because they hear about, but of course they are late to the game. So, my prediction is the dollar goes higher based on this as well as a number of macroeconomic factors.

Infosys is currently trading around 45, so I'm not sure what 2500 you're referring to. If its the nasdaq which is in the 2400 range, than sure, its a matter of when and if it goes lower first.

Answer 4

USD's dominance has reduced... after arrival of European Euro... now it's difficult for $ to recover...

the ongoing election process will delay recovery...