Sell NSE USDINR June between 64.70-64.80, SL-65.10, Target-64.10/63.90 - Angel Broking

NSE USDINR June (CMP – 64.52)

NSE USDINR June as seen in the weekly chart above has opened the week with gap up at 64.48 levels and in the mid od the week it made a weekly low of 64.33 levels. Later on prices could not able to sustain on lower levels and bounced back towards the weekly high of 64.83 levels. At the end trading session of the week prices corrected again from highe

EURINR (June) traded in a tight range between 72.55-72.05 last week - Motilal Oswal

USDINR:

The rupee fell against the US dollar after the Federal Reserve raised rates by 25bps and hinted towards raising rates one more time in this year. Hawkish stance by the Federal Reserve supported the dollar on lower levels. On the domestic front, the RBI released its policy statement and in line with expectation held rates unchanged. The central

Dollar remains at lows amid soft housing data - GEPL

Dollar remains at lows amid soft housing data

Market Commentary

* The dollar slipped against a basket of the other major currencies on Friday, after weak U.S. housing and consumer sentiment data backed bets of a slower pace of interest rate hikes from the Federal Reserve.

* The U.S. dollar index decl

EURINR spot is likely to trade lower - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

In the last week, USDINR spot depreciated by 0.33 percent as markets discounted the release of FOMC Monetary Policy Statement where the committee lifted the key interest rates by 25 basis points making it the second hike in three months with the expectation of one more by the

EURINR trading range for the day is 71.99-72.39 - Kedia Commodity

Currency Update

USDINR

* USDINR trading range for the day is 64.26-64.96.

* Rupee strengthened on buying by exporters and corporate clients and lack of fresh domestic triggers.

* There are expectations of rate cut by the Reserve Bank of India in August after it lowered inflation forecasts

Dollar plunges on disappointing economic data - Sharekhan

US Dollar Index (DX):

US Dollar decreased by 0.28 percent on Friday’s trading session against basket of six major currencies on the back of disappointing economic data from US. Housing starts declined by 5.5 percent in May and consumer sentiments index fell to 94.5. However, sharp downside was prevented on the back of divergence in global moneta

USDINR trading range for the day is 64.19-64.84 - Kedia Commodity

USDINR Trading Ideas for the Day

* USDINR trading range for the day is 64.19-64.84.  

* Rupee snapped two day gain on profit booking tracking strong dollar and selling by banks.  

* Fed approved its second rate hike of 2017 amid expectations that inflation is running well below the central

Dollar holds steady at close to 2-week highs on upbeat economic data - GEPL

Dollar holds steady at close to 2-week highs on upbeat economic data

Market Commentary

* The dollar rose to its highest in more than two weeks on Thursday as solid readings on the U.S. economy helped strengthen the case for the Federal Reserve to continue tightening monetary policy this year.

* The n

USDINR spot is likely to depreciate - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

In the yesterday’s trading session, USDINR spot depreciated by 0.48 percent as markets discounted the release of FOMC Monetary Policy Statement. The Federal Reserve’s policy setting committee lifted the key interest rates by 25 basis points making it the second hike

Dollar climbs up on upbeat economic data - Sharekhan

US Dollar Index (DX):

US Dollar increased by 0.51 percent in yesterday’s trading session against basket of six major currencies on the back of upbeat economic data from US. Number of people filing for jobless claims declined by 5000 for week ending 10th June. US empire state manufacturing index and US Philly fed manufacturing index beat the expec

The dollar fell against a basket of currencies on Wednesday - JRG Sec

USDINR

Rupee closed indecisively yesterday, nudging towards the crucial support levels around 64.20 levels. As was expected, markets remained flat ahead of US Fed monetary policy meet, which as expected by the markets raised interest rates by 25 basis points to 1.25%. While the markets already factored in this rate hike, the marginal weakness in dolla

Yen advances on safe haven demand - Sharekhan

US Dollar Index (DX):

US Dollar decreased marginally by 0.04 percent in yesterday’s trading session against basket of six major currencies on the back of disappointing economic data from US. However, sharp downside was cushioned as US Federal Reserve raised its interest rates by 25bps and maintained its outlook for one more rate hike in 2017. The

JPYINR trading range for the day is 58.29-58.7 - Kedia Commodity

Currency Update

USDINR

* USDINR trading range for the day is 64.28-64.56.

* Rupee extended gains on buying by foreign banks and as investors preferred to remain on the sideline before Fed’s policy meeting outcome

* India's March WPI inflation revised to 5.99 percent y/y from 5.70

Pound recovers on inflation data - Sharekhan

US Dollar Index (DX):

US Dollar decreased by 0.17 percent in yesterday’s trading session against basket of six major currencies on the back of disappointing economic data from US and as traders remained cautious ahead of US Federal Reserve policy meet. Further, Bank of Canada Governor Stephen Poloz gave hawkish statement. He said Central banks 2

JPYINR is expected to trade lower - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

In the yesterday’s trading session, USDINR spot appreciated by 0.23 percent on account of weak US Dollar Index. A lot has been happening in the United States of America which is hampering the price trend of the American currency. Attorney General Jeff Sessions engaged in

GBPINR trading range for the day is 81.51-82.52 - Kedia Commodity

Currency Update

USDINR

* USDINR trading range for the day is 64.37-64.67.

* Rupee snapped two-day losses on buying by foreign banks likely for foreign institutional inflows into local debt market and exporters.

* Retail inflation hit the lowest level in at least five years in May on cooli

EURINR trading range for the day is 72.14-72.76 - Kedia Commodity

Currency Update

USDINR

* USDINR trading range for the day is 64.4-64.69.

* Rupee weakened on likely outflows from local stocks amid dollar demand from oil importers.

* RBI is at an advanced stage of preparing a list of bad loans where resolution is required under the country's insolve

Dollar gained strength after upbeat job data - Sharekhan

US Dollar Index (DX):

US Dollar decreased by 0.14 percent in yesterday’s trading session against basket of six major currencies as traders remained cautious ahead of US Federal Reserve policy meet. Further, Bank of Canada Senior deputy governor Carolyn Wilkins said bank was considering reducing its monetary policy stimulus. In Intraday Dollar In

GBPINR is expected to trade lower - Angel Broking

FUNDAMENTAL OUTLOOK

Indian rupee

In the yesterday’s trading session, USDINR spot depreciated by 0.36 percent as recent lows in the currency prompted the traders to place fresh bets which pushed the Indian Rupee higher. Furthermore, market sentiments were a bit cautious ahead of the two day FOMC policy m

GBPINR spot (CMP-82.04) is expected to trade lower - Angel Broking

Rupee

* Last week, USDINR spot appreciated by 0.25 percent as markets discounted the release of RBI Monetary Policy Statement where the key interest rates were kept unchanged and the forecast for inflation in the coming months were also reduced.

* Reason behind this unchanged move could be attributed to spurt in farm loan waivers by states wh

Sell NSE USDINR June between 64.70-64.80, SL-65.10, Target-64.10/63.90 - Angel Broking

NSE USDINR June (CMP – 64.40)

NSE USDINR June as seen in the weekly chart above has opened the week with gap down at 64.49 levels and starting of the week price rallied sharply and made a weekly high of 64.68 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 64.3150 level