Olivier Desbarres

Forex dealers said besides strengthening of dollar against euro overseas on eurozone debt worries, rupee fell on increased month-end demand for the American currency from importers.

US dollar may weaken if QE3 is announced: Barclays Cap

Olivier Desbarres of Barclay Capital told CNBC-TV18, the rally in Asian currencies is limited due to concerns over China. Moreover, the markets are still not sure about a third round of quantitative easing or QE3 from the US Federal Reserve.

RBI may give dollars to OMCs if Re falls more: Barclays Cap

Olivier Desbarres, Director and Head of FX Strategy, Asia-Pacific ex Japan of Barclays Capital says the weakness seen in the rupee is largely due to global risk aversion. From current levels, he sees the dollar appreciating further.

Euro-dollar may see 1.15 in medium-term: Barclays Cap

Olivier Desbarres of Barclays Capital says, the next two-three weeks are key for global risk appetite. "We still maintain a medium-term view that euro-dollar will push towards 1.20 and ultimately 1.15,” he adds.

Few expect 'hopes and prayers' market rally to last

The market is trading on nothing but "hopes and prayers" and this week`s bounce-back in equities will most likely be short-lived, analysts say.

Dollar-rupee to trade in 49-50.50 range: Barclays Capital

Olivier Desbarres, Director and Head of FX Strategy, Asia-Pacific ex Japan, Barclays Capital expects the dollar-rupee to probably trade in a range around 49-50.50 in the near term. In the same breath, he mentioned that any rally from here is likely to be potentially shallower than they have been year-to-date.

Weak euro will help boost eurozone; growth: Barclays Cap

Olivier Desbarres, head of FX Strategy, Asia Pacific Ex-Japan, Barclays Capital feels that the euro will eventually head towards 1.25 to the dollar.

Sell-off in euro mirrors thinner liquidity: Barclays Cap

Olivier Desbarres, Head of FX Strategy, Asia Pacific Ex-Japan at Barclays Capital tells CNBC-TV18 that the euro is ultimately reflecting the fact that as we get into year-end, liquidity is getting thinner and thinner.

Rupee could underperform Asian peers in near term: Barclays

According to Olivier Desbarres of Barclays Capital, the rupee could continue to outperform its Asian peers even with the measures taken by the RBI.

FOMC meet won't have significant impact on rupee: Barclays

According to Olivier Desbarres, head of foreign exchange strategy at Barclays Capital, the FOMC meet will have a significant impact on the rupee. He further adds that their short term forecast is 48.50 against the dollar.

Check out: Experts differ on future dollar movement

In an interview with CNBC-TV18 Olivier Desbarres, Director, Asia FX Strategy of Credit Suisse and Jamal Mecklai, CEO of Mecklai Financial Services gave their readings and outlook for the global curreny market.