Buy on lower level is decent strategy for upcoming months in USDINR - Angel Broking

USDINR

USDINR is very strong on technical charts. It is continuously sustaining above the important support level of 66. In past couple of months we have seen many attempts of breaking the support level of 66 on USDINR. But smart recovery was so encouraging, leading to a positive RSI combination from this level on chart .In addition to oscillator front

Pound slips on Hard Brexit worries - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.34 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic market. Benchmark stock index 50 shares Nifty Index increased by 0.32 percent to 8407.20. Dollar gave up its strength as market was disappointed because Donald Trumph failed to give any d

GBPINR is expected to trade lower - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.18 percent in yesterday’s trading session owing weak DX in the overseas market after the conference of US President elect Donald Trump. Trump mentioned nothing about tax cuts and infrastructure spending which were the two factors that had fueled the five-week rally in stocks and a selloff in global b

EURINR trading range for the day is 72.19-72.82 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.97-68.39.

* Rupee appreciated on dollar selling by multinational banks and on hopes that India's retail inflation will ease below RBI's expectation.

* The expectation lies marginally within the top end of the band of

Dollar retreat from its high after Trump conference - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.22 percent in yesterday’s trading session on the back of strong dollar and as traders remained cautious ahead of macroeconomic data and US President elect Donald Trump’s first news conference. Continued FII outflows from local shares kept Rupee under pressure. FII’s net sold stocks worth Rs

USDINR is expected to trade positive in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.08 percent in yesterday’s trading session owing weak DX in the overseas market after the conference of US President elect Donald Trump. Trump mentioned nothing about tax cuts and infrastructure spending which were the two factors that had fueled the five-week rally in stocks and a selloff in global

JPYINR trading range for the day is 58.73-59.2 - Kedia Commodity Ltd

Currency Update

USDINR

* USDINR trading range for the day is 68.23-68.62.

* Rupee depreciated on dollar buying by nationalised, private and oil importers.

* Reserve Bank of India Governor Urjit Patel urged the government to make progress in reducing high federal and state government borro

Euro is likely to trade lower in todays - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.3 percent in yesterday’s trading session owing to volatile US Dollar Index in the overseas markets. Markets indulge in speculation ahead of US President-elect Donald Trump's first news conference set for 11-1-16 i.e. today. This prompted the traders to avoid taking large positions which kept the

USDINR trading range for the day is 68.06-68.48 - Kedia

Currency Update

USDINR

# USDINR trading range for the day is 68.06-68.48.

# Rupee appreciated tracking weakness in the greenback amid corporate inflows.

# India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank amid a se

JPYINR: Keep a close eye - Sharekhan

USDINR: Downside potential

During September-October, USDINR was in a consolidation phase, which broke out on the upside. In November, the currency pair rallied towards the high of Rs68.89. Near the highs, the bears intervened to restrict further upside. Consequently, it has entered into a correction mode. USDINR has retraced nearly 61.8% of the previo

Rupee depreciated on lower GDP estimates - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.35 percent in yesterday’s trading session on the back of strong dollar. Further, lower economic growth projection by CSO added downside pressure. Indian Central Statistics Office estimated economy to slow to 7.1 percent in the current fiscal year ending March 31 compared to 7.6 percent last year. Rise in risk a

GBPINR will trade lower in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee traded on a flat note yesterday as disappointing release of ADP/NFP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymakers w

JPYINR trading range for the day is 58.1-58.85 - Kedia

Currency Update

USDINR     

* USDINR trading range for the day is 68.12-68.55.

*  Rupee ended lower as investors anticipated aggressive rate hike trajectory by Federal Reserve after robust US wage growth data.

*   India expects growth of around 7 per

Buy NSE USDINR January between 67.80 – 67.70, SL – 67.50, Target – 68.40 / 68.60 - Angel Broking

NSE USDINR

NSE USDINR Jan as seen in the weekly chart above has opened the week at 68.08 levels and at the starting of the week it made a weekly high of 68.5125 levels. Later on prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.88 levels. At the last trading session of the week prices have again bounced

Buy EURINR January Future Target 73.45, Stoploss 71.88 - HDFC Sec

USDINR 

* On Friday, Dollar index recouped some of the losses seen in the earlier sessions. This can have bullish implications for USDINR pair.

* USINR pair has been forming higher tops and higher bottoms on the daily charts, indicating bullish setup for the short term.

* Immediate support for the pair seen at 67.85, which can

Rupee ended flat ahead of advance GDP estimates - Sharekhan

USD-INR:

The Indian Rupee ended flat on Friday’s trading session as investors remained cautious ahead of India advance GDP estimates for this fiscal year and US job report. Further, rise in risk aversion in the domestic market and continued FII outflows from local shares kept Rupee under pressure. Benchmark stock index 50 shares Nifty Index fell

GBPINR weak in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.21 percent in the last week as disappointing release of ADP/NFP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from

USD/INR futures likely to trade with sideways - Tradebulls Sec

USD/INR FUTURE VIEW

USD/INR futures traded with firm sentiments due to short covering at lower levels from traders in last session. Overall trend for USD/INR futures likely to remain sideways for intraday session due to short covering. Next important resistance seen at 68.29 levels. USD/INR futures likely to trade with sideways sentiments and 68.20 wil

USDINR trading range for the day is 67.81-68.34 - Kedia

USDINR

*  USDINR trading range for the day is 67.81-68.34.  

*  Rupee ended with flat node as market participants remained mostly on sideline ahead of US NFP data.  

*  FOMC minutes showed that the Fed is concerned about a strengthening dollar, and that more fiscal stimulus could raise demand above sustainab

Dollar plunges after FOMC meeting Minutes - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.13 percent in yesterday’s trading session on the back of weak dollar and rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index rose by 1.02 percent to 8273.8. Dollar gave up its strength after FOMC meeting minutes showed that policymakers pointed to uncertainty over t

USDINR is likely to appreciate in today - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.21 percent yesterday as disappointing release of ADP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymaker

JPYINR trading range for the day is 58.16-58.97 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.74-68.39.

* Rupee extended gain on dollar selling by foreign banks after December minutes of the FOMC meeting showed members favouring a slower pace of rate hike in 2017.

* India expects growth of around 7 percent in the firs

Japanese Yen is expected to appreciate - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.55 percent yesterday owing to weak DX in the overseas market after minutes from the Federal Reserve's December’16 meeting suggested a less hawkish stance from policymakers. Moreover, sustained selling of US Dollar by exporters/banks acted as a positive factor.

In today’s trading

USD/INR Lower side support seen at 68.05 levels - Tradebulls Sec

USD/INR FUTURE VIEW

USD/INR futures traded with bearish sentiments due to selling pressure from traders in last session. Overall trend for USD/INR futures likely to remain sideways for intraday session due to profit booking. Next important resistance seen at 68.38 levels. USD/INR futures likely to trade with sideways sentiments and 68.28will be the tre

EURINR trading range for the day is 71.09-71.57 - Kedia

USDINR

*  USDINR trading range for the day is 68.06-68.51.  

*  Rupee appreciated on dollar selling by Union Bank of India and some foreign banks mostly on behalf of exporters.  

*  India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank a