Euro plunges after European Central Bank policy meet -

USD-INR:

The Indian Rupee appreciated by 0.41 percent in yesterday’s trading session for eight consecutive sessions on the back of rise in risk appetite in the domestic markets and FII’s inflows into local shares. FII’s net bought stocks worth Rs 698.86 crores yesterday as per provisional data from NSE. Benchmark stock index 50 shares

Indian Rupee is expected to trade sideways- Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index surged by 0.87 percent in yesterday’s trading session. It made a high of 101.28 and closed at 101.13 levels on Thursday. This upward trend was mainly due to the outcome of ECB Monetary Policy meeting which prompted the traders to dump Euros and buy US Dollars which boosted the demand for DX. Moreover, the La

JPYINR trading range for the day is 59.26-59.95 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.29-67.71.

* Rupee appreciated to a four-week high tracking overseas inflows into local shares amid dollar selling by foreign banks.

* RBI said that the economic numbers over a period of time will be focused and only a sustain

JPYINR is likely to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded lower by 0.26 percent in yesterday’s trading session as markets book profits from post election rally. Moreover, the prospects of interest rate hike in Dec’16 FOMC meeting has already been priced out. This along with the upcoming ECB policy meeting kept the demand for the US Dollar Index p

Euro under pressure ahead of ECB policy meet - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.39 percent in yesterday’s trading session for seven consecutive sessions on the back of weak dollar and FII’s inflows into local shares. FII’s net bought stocks worth Rs 193.66 crores yesterday as per provisional data from NSE. However, sharp gain was prevented on rise in risk aversion in th

USDINR trading range for the day is 67.55-68.22 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.55-68.22.

* Rupee appreciated to three-week high on dollar selling by foreign banks and exporters after RBI meet.

* The Reserve Bank of India (RBI) unexpectedly kept its policy repo rate unchanged at 6.25 percent.

*

EURINR is expected to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

After trading on a lower note for the past few days, the American currency surged higher by 0.40 percent in yesterday’s trading session. This was mainly due to the statement made by two of the US Fed policymakers.

Charles Evans, president of the Chicago Federal Reserve Bank said that US was on the cusp of rising i

Dollar advances on rate hike expectations - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.45 percent in yesterday’s trading session for six consecutive sessions on the back of rise in risk appetite in the domestic markets and FII’s inflows into local shares. Benchmark stock index 50 shares Nifty Index increased by 0.18 percent to 8143.15. FII’s net bought stocks worth Rs 161.8 cr

EURINR trading range for the day is 73.06-73.6 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.83-68.33.

* Rupee posted its biggest single-day gain in over two-months on dollar selling and on rising expectations that RBI would cut interest rates.

* Rupee is also supported by weakness in dollar, mostly tracking rebound

GBPINR trading range for the day is 86.31-87.32 - Kedia

Currency Update

USDINR

*USDINR trading range for the day is 68.17-68.49.

* Rupee snapped four-day gains on upbeat US jobs report that cemented expectations of a Fed rate increase in December.

* Indian services activity dived into contraction in November after Prime Minister Narendra Modi&#

We expect USDINR prices to find support in the range of 68.10 – 68.00 levels - Angel Broking

NSE USDINR

NSE USDINR Dec as seen in the weekly chart above has opened the week with gap down at 68.59 levels and on the same day prices have rallied sharply and made a weekly high of 68.9850 levels. Later on prices could not able to sustain on lower levels and corrected sharply towards 68.34 levels. This week prices have closed below the previous week

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.18 percent on Friday’s trading session on the back of weakness in Dollar. Further, GDP data showed that economy accelerated at 7.3 percent in Q2 FY17 against 7.1 percent in Q1 FY17. However, sharp gain was prevented on rise in risk aversion in the domestic markets and continued FII outflows from local s

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded lower by 0.71 percent in the last week as markets book profits from post election rally. Moreover, the prospects of interest rate hike in Dec’16 FOMC meeting has already been priced out. There has been some mixed release of economic datasets from the nation which has kept the markets contemplati

JPYINR trading range for the day is 59.99-60.38 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.23-68.59.

*Rupee appreciated for the fourth day on dollar selling by foreign banks.

* India's economy expanded 7.3 percent in the July-September quarter from a year earlier, making it the fastest growing major country in t

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.09 percent in yesterday’s trading session on the back of weakness in Dollar. Further, GDP data showed that economy accelerated at 7.3 percent in Q2 FY17 against 7.1 percent in Q1 FY17. However, sharp gain was prevented on rise in risk aversion in the domestic markets and continued FII outflows from local

EURINR is expected to trade a bit lower - Angel Broking

US DOLLAR INDEX (USD)

After trading higher in the last few days, the US Dollar Index weakened by 0.46 percent in yesterday’s trading session. The fall in the currency was mainly due to the disappointing release of manufacturing and unemployment claims data from the nation. Americans who filed for unemployment benefits have raised considerable sin

JPYINR trading range for the day is 59.63-60.81 - Kedia

USDINR

* USDINR trading range for the day is 68.31-68.74.

* Rupee appreciated for the third straight day on dollar selling by foreign banks and exporters.

* There are rising bets of a rate cut by the Reserve Bank of India at the monetary policy set to conclude on Dec 7.

* India's GDP expanded at 7.3% in the fiscal seco

Buy USDINR around 67.90-67.70 Targeting 69.30 and 70.70 with stop loss below 67.00. - Reliance Sec

USDINR WEEKLY

The USDINR ended higher at 68.55 during the month of November 2016 up by 2.20% as against 67.08 in the previous month. The pair may find immediate support near 68.05 to 67.45 levels. Blue and yellow simple moving average of 14 and 21 days in weekly chart indicates subdued to upside above the levels of 67.25 to 67.20 in the above chart.

Dollar advances on OPEC deal and strong data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.39 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index increased by 1.01 percent to 8224.5. However, sharp gain was prevented on continued FII outflows from local shares and debt market and month end dollar dema

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency strengthened by 0.56 percent in yesterday’s trading session led by gains in the energy sector after the Organization of the Petroleum Exporting Countries agreed on its first oil output cut since 2008 in a bid to support prices. The agreement came despite huge political hurdles. Moreover, markets are st

JPYINR trading range for the day is 60.43-61.38 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.33-68.93.

*  Rupee appreciated for the second straight day on dollar selling by foreign banks amid overseas inflows into local shares.

* India's fiscal deficit during the seven months to October was 4.24 trillion rupee

Euro under pressure ahead of Italian referendum - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index increased by 0.19 percent to 8142.15. However, sharp gain was prevented on continued FII outflows from local shares and debt market a

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency initially started off on a positive note; all thanks to the robust release of GDP data from the nation that rose by 3.2 percent in Sep’16 quarter. However in the later part of the trading day it weakened and closed lower by 0.40 percent. This was mainly due to the renewed uncertainty over the direction

GBPINR trading range for the day is 85.1-86.3 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.68-69.02.

* Rupee appreciated tracking overseas funds inflow into local shares amid dollar selling by foreign banks and exporters.

* India's economy probably picked up steam in the July-September quarter on strong demand.