Dollar holds steady ahead Fed meet this week - GEPL

Market Commentary

* The dollar was steady in early Asian trade on Monday, underpinned by expectations of higher U.S. interest rates.

* U.S. employment data on Friday showed a bigger rise in jobs than expected in November, but the dollar's gains were capped by disappointing wage could weigh on the pace of interest rate hikes next year.

Us dollar scaled higher in the wake of higher non-farm payroll numbers - IIFL

FX

Us dollar scaled higher in the wake of higher non-farm payroll numbers. US economy created 228,000 jobs during Novermber, while the unemployment rate remained low around 4.1%. The greenback was also underpinned by the extension of debt ceiling by two weeks and probably the US Congress is moving in right direction o getting much better deal for fundi

NSE USDINR Dec as seen in the weekly chart above has opened the week with gap up at 65.7375 Levels - Angel Broking

NSE USDINR Dec (CMP – 64.56)

NSE USDINR Dec as seen in the weekly chart above has opened the week with gap up at 65.7375 levels and at the starting of the week price made a weekly high of 64.7450 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 64.3950 levels. This week

EURINR is expected to appreciate in the coming session - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

Last week rupee depreciated by 0.14 percent as dollar index gained strength by 0.72 percent. The depreciation in Indian Rupee was on account of neutral stance taken by RBI to not cut key interest rates in its recent meeting eyeing an increase in inflation. However, Indian equ

USDINR trading range for the day is 64.44-64.77 - Kedia

USDINR

* USDINR trading range for the day is 64.44-64.77.

* Rupee snapped three-day losses on likely foreign institutional investor inflows into local stocks and weaker than expected cutoff at the RBI'S weekly bond auction.

* RBI: Monetary policy committee remains committed to keeping headline inflation close to 4 pct on a dura

Sterling bear trend comes to arrest, dollar holds strong - GEPL

Market Commentary

 The dollar inched higher on Friday, on track for a weekly gain against a basket of currencies, as the passage of a bill to temporarily extend U.S. government funding raised investors' optimism that a tax reform bill would also pass.

* The dollar index was steady on the day at 93.801 up 1 percent for the week.

US dollar rose to a three-week high against Yen - IIFL

FX

US dollar rose to a three-week high against Yen, while also gained ground against Euro given the fact that US tax reforms are on the anvil. The greenback also derived cues from the extension of the debt ceiling till December 22nd. House of Representatives and Senate have passed a bill to avoid an immediate federal shutdown and provided some breathin

GBPINR is expected to depreciate in the coming session - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

Yesterday rupee depreciated marginally by 0.06 percent as dollar index gained strength by 0.20 percent. RBI kept key interest rates unchanged citing risk of increasing inflation.

US Government passed the $1.4 trillion tax cut package which helped in positive dollar i

JPYINR trading range for the day is 57.3-57.68 - Kedia Commodity

USDINR

* USDINR trading range for the day is 64.44-64.84.

* Rupee fell to one-week low on selling by importers amid strength in dollar after upbeat private employment data.

* RBI: The central bank reiterated that it is maintaining a "neutral" stance in monetary policy

* Investors have now turned their focus towar

Dollar edges up backed by positive data, government shutdown fears ease - GEPL

Market Commentary

* The dollar edged up against its peers on Thursday, shaking off earlier losses versus the yen, supported by signs that investors' risk appetite was improving again and optimism on U.S. tax reforms.

* The greenback was 0.1 percent higher at 112.370 yen after dropping by 0.25 percent overnight.

* The U.S. curren

US dollar moved higher ahainst the basket of currencies - IIFL

FX

US dollar moved higher ahainst the basket of currencies, as debt ceiling deadline seems to be averted for few weeks, while buoyancy regarding tax cuts also underpins the greenback. Sterling stabilised after UK PM Theresa May's coalition partners put forward proposals to resolve Irishborder issue and get the Brexit negotiations with EU on track.<

USDINR is expected to move sideways in the coming session - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

Yesterday rupee depreciated by 0.26 percent as dollar index gained strength by 0.25 percent during the day. The RBI meeting was conducted on yesterday. The committee was cautious about rising CPI inflation and hence did not provide rate cut in key rates.

US Government

JPYINR trading range for the day is 57.43-57.87 - Kedia

USDINR

*  USDINR trading range for the day is 64.46-64.79.

*  Rupee dropped on overseas fund outflows into local stocks after Reserve Bank of India kept repo rate unchanged at 6% consistent with neutral stance

*  RBI: Monetary policy committee remains committed to keeping headline inflation close to 4 pct on a durable

Dollar range poised to give way with NFP, FOMC in sigh - GEPL

Market Commentary

* The dollar edged down on Wednesday, as concerns about a possible U.S. government shutdown offset optimism about progress on tax reform legislation.

* The dollar index, which tracks the greenback against a basket of six major currencies, inched 0.1 percent lower to 93.328.

* The euro was steady on the day at 1.182

Trading consistently above 65.20 levels would lead towards the strong resistance at 65.60 levels - Angel Broking

NSE USDINR Dec as seen in the weekly chart above has opened the week 64.8950 levels and at the starting of the week price made a weekly high of 65.0400 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 64.4425 levels. This week prices have closed below the previous week’s closing of 64.91 levels and finally closed 0.39% lower

GBPINR is expected to appreciate in the coming session - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

Yesterday rupee appreciated by 0.03 percent despite dollar index gaining strength by 0.20 percent during the day. The upside in Indian rupee was limited as markets participants were cautious ahead of the RBI meet on 6th Dec’17.

US Government passed the $1.4 tril

USDINR trading range for the day is 64.28-64.78 - Kedia Commodity

USDINR

* USDINR trading range for the day is 64.28-64.78.

*Rupee traded in range after tracking strong dollar after UK Prime Minister Theresa May's failed attempt over Brexit

* India's economy grew 6.3 percent in the three months ending in September from a year earlier, in line with expectations.

* RBI looks set to

Dollar trades with lackluster gains, sterling slips amid no Brexit deals - GEPL

Market Commentary

* The dollar held on to modest gains against its peers on Tuesday, with its rise made at the week's start slowing as the market awaited the next phase of the U.S. tax reform saga for cues.

* The dollar was a shade higher at 112.500 yen. The greenback had climbed to a 2-1/2-week high of 113.090 the previous day.

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USDINR is expected to appreciate in the coming session - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

Yesterday rupee appreciated by 0.22 percent despite dollar index gaining strength by 0.33 percent during the day. The appreciation in Indian rupee was on account of better than expected Q2 GDP data for India i.e. 6.3% as compared to 6.1%. Also, India’s manufacturing PMI r

GBPINR trading range for the day is 86.39-87.55 -

USDINR

* USDINR trading range for the day is 64.3-64.87.

* Rupee weakens as dollar gets a boost after the U.S. Senate gives nod to tax overhaul on weekend.

* India’s factory activity quickened in November at the fastest pace since just before the government’s surprise cash clampdown late last year, driven by a surge in