USDINR: Heading for a dip - Sharekhan

USDINR: Heading for a dip

In June, USDINR had faced resistance near 78.6% retracement of the February-March fall. After that, it entered a correction mode. During September-October, the currency pair was in a consolidation phase, which broke out on the upside. In the last few sessions, the currency pair has rallied toward the high of 68.89. Near the hi

Dollar under pressure ahead of key events - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.45 percent in yesterday’s trading session on the back of strong dollar and continued FII outflows from local shares and debt market and month end dollar demand from importers. FII’s net sold stocks worth Rs 1436.4 crores yesterday as per provisional data from NSE. Further, investors remained cautio

EURINR is expected to trade higher - Angel Broking

US DOLLAR INDEX (USD)

The American currency weakened by 0.16 percent in yesterday’s trading session as renewed uncertainty over the direction of oil production prompted the traders to book profits from a post-US election surge. To Iran and Iraq’s decision of not participating in production cut of crude oil, the Saudi Arabia Energy Minister

JPYINR trading range for the day is 60.9-62.04 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.43-69.24.

* Rupee depreciated on dollar demand from oil importers amid likely FCNR(B)-related outflows.

* The Reserve Bank raised as much as $26 billion from FCNR (B) deposits and the maturity of these deposits is due between

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.40 percent on Friday’s trading session on the back of rise in risk appetite in the domestic market. Benchmark stock index 50 shares Nifty Index increased by 1.87 percent to 8114.30. Further, exporters sold dollars. However, sharp gain was prevented on strong dollar and FII outflows from local shares and

Sterling Pound is expected to trade higher - Angel Broking

US DOLLAR INDEX (USD)

The month of November’16 is working in favor of the American currency. Since the elections, DXY has strengthened by 0.26 percent; all thanks to the promises made by President-elect Donald to increase government spending, cut taxes and ease financial regulations.

Markets are rejoicing the outcome of Nov’16 FO

USDINR trading range for the day is 68.25-69.03 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.25-69.03.

* Rupee snapped five-day fall on dollar selling by foreign banks amid inflows into local equities.

* The Reserve Bank of India intervened heavily as the rupee fell to around 68.65 per dollar, approaching the record

Buy NSE USDINR December between 68.00 – 68.10, Stoploss – 67.70, Target – 68.70 / 68.80 - Angel Broking

NSE USDINR

NSE USDINR Dec as seen in the weekly chart above has opened the week with gap down at 68.40 levels and on the same day it made a weekly low of 68.3250 levels. Later on as expected prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 69.0425 levels. At the last trading session of the week prices have

Indian Rupee touched all time low of 68.855 - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.25 percent in yesterday’s trading session making new all time low of 68.8550 on the back of strong dollar and FII outflows from local shares and debt market. Indian rupee tracked weakness in other Asian currencies. Dollar gained strength on expectation of rate hike by US Federal Reserve in December afte

JPYINR is likely to trade on a weak note as trading - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded on a flat note in yesterday’s trading session as investors keep themselves away from making any risky bets on account of Thanksgiving holiday in the US. However, the prospect of a higher interest-rate environment in the US continues to rule the market.

Markets are rejoicing the outcome

USDINR trading range for the day is 68.44-68.97 - Kedia

Currency Update  

 USDINR

*  USDINR trading range for the day is 68.44-68.97.  

*  Rupee fell to a record low pressured by a rallying U.S. dollar, capital outflows from emerging markets.  

*  RBI intervened again, after spending around $500 million in the

Dollar advances on rate hike expectation - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.47 percent in yesterday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December after upbeat economic data and hawkish statement from Fed officials. As per FOMC meeting minutes

EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by 0.65 percent in yesterday’s trading session as markets discounted the minutes of the most recent meeting of the Federal Open Market Committee (Nov’16). According to the minutes, most Fed officials said that it would be “appropriate to raise the target range for the federal

JPYINR trading range for the day is 61.5-61.92 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.21-68.77.

* Rupee depreciated on buying by foreign banks as upbeat economic data in the US further cemented hopes of a Federal Reserve rate hike in December.

* Dollar demand from foreign banks rose as robust home sales data p

Rupee near 9 month low against dollar - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.11 percent in yesterday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December after upbeat economic data and hawkish statement from Fed officials. Weak domestic market sentim

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency started off at a positive note however closed lower by 0.01 percent in yesterday’s trading session. Reason behind the same could be attributed to the recent strength in the currency that prompted the traders to book profits. Moreover, reports of an earthquake in Japan limited the risk appetite and boos

USDINR trading range for the day is 68.02-68.37 - Kedia

Currency Update

USDINR

# USDINR trading range for the day is 68.02-68.37. 

# Rupee depreciated on dollar buying by foreign banks on rising speculation of a Federal Reserve rate hike in December. 

# However, the fall was limited on likely intervention by the Reserve Bank of India v

JPYINR: Tumbling down - Sharekhan

USDINR: Near key retracement level

In June, USDINR had faced resistance near 78.6% retracement of the February-March fall. After that, it entered a correction mode. On the way down, the currency pair broke the lower end of a medium-term rising channel. During September-October, the price was in a consolidation phase, which broke out on the upside recen

JPYINR is likely to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The US Dollar Index fell by 0.2 percent on Monday as reports of an earthquake in Japan limited the risk appetite and boosted the demand for safe haven Yen against the greenback.

Last week, the American currency surprised the markets by hitting one-year high levels at 101.54 following President-elect Donald Trump's vi

Yen to gain strength amid safe haven demand - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.04 percent in yesterday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December after upbeat economic data and hawkish statement from Fed Chair Yellen. Rise in risk aversion in

JPYINR trading range for the day is 61.21-61.83 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.95-68.4.

* Rupee traded near nine-month low on likely selling by foreign institutional investors in local shares.

* RBI banks have received 5.45 trillion rupees ($79.96 billion) of 500 and 1000 rupee notes from Nov. 10-18

Euro currency is expected to trade lower - Angel Broking

Euro

* Euro traded lower by more than 2 percent in the last week as the upcoming Italy Referendum (4th Dec’2016) has infused jitters in the European markets. The Prime Minister of Italy wants Italy to leave the EU and has decided to give up his seat if the ‘Remain’ party wins. Euro-zone is in a state of despair as it cannot afford ano

Buy NSE USDINR November between 67.90 – 68.00, Stoploss – 67.50, Target – 68.70 / 68.80 - Angel Broking

NSE USDINR

NSE USDINR Nov as seen in the weekly chart above has opened the week with gap up at 67.7675 levels and on the same day it made a weekly low of 67.54 levels. Later on as expected prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 68.25 levels. This week prices have closed above the previous week&rsq

Euro down after ECB president Draghi speech - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.45 percent on Friday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December after upbeat economic data and hawkish statement from Fed Chair Yellen. Rise in risk aversion in the