USDINR trading range for the day is 67.38-67.72 - Kedia

USDINR

* USDINR trading range for the day is 67.38-67.72.

* Rupee traded flat ahead of the outcome of the two-day FOMC meeting and after India's retail inflation print edged lower.

* India's retail inflation in November fell to record low level under the new series on account of demonetization drive initiated by the governme

Euro currency traded lower - Angel Broking

Euro

* Euro currency traded lower by more than 1 percent in the last week as the after-effects of ECB Monetary policy outcome dented the demand for the shared currency.

* ECB committee extended its bond-buying program until Dec’17 and surprised the markets by announcing to buy bonds worth €60 billion a month from Apr’17. The

Currencies under pressure ahead of FOMC meeting - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.18 percent in yesterday’s trading session on the back of strong dollar and as investors remained cautious ahead of macroeconomic data and US Federal Reserve policy meet. India CPI is likely to ease to 3.9 percent in November compared to 4.2 percent in October. Further, FII outflows from local shares add

EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded mostly in a range bound manner in yesterday’s trading session as investors play safe prior to the Federal Reserve policy meeting where there is a widespread expectation for a rate hike. The Fed is widely expected to hike rates for the first time in a year on Wednesday, with investors pricing in a 100

JPYINR trading range for the day is 58.46-58.92 - Kedia

USDINR

# USDINR trading range for the day is 67.41-67.71.  

# Rupee extended fall on dollar demand by oil importers amid rising bets of a Federal Reserve rate hike later.  

# The ADB trimmed its 2016 growth estimate for India to 7.0% from 7.4% due to weak investment, and government's recent demonetization.  

JPYINR: Tumbling down - Sharekhan

USDINR: On a downward trajectory

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 November, it rallied toward the high of Rs68.89, where the bears came in to restric

Sell NSE USDINR December between 67.70 – 67.80, Stoploss – 68.10, Target – 67.20 / 67.00 - Angel Broking

NSE USDINR

NSE USDINR Dec as seen in the weekly chart above has opened the week with gap down at 68.2650 levels and on the same day it made a weekly high of 68.3925 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.4250 levels. This week prices have closed below the previous

Dollar down ahead of FOMC meet - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.09 percent on Friday’s trading session after appreciating for eight consecutive sessions on the back of strong dollar and as investors remained cautious ahead of macroeconomic data and US Federal Reserve policy meet. IIP is estimated to increase by 1 percent in October compared to 0.7 percent in Septembe

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.55 percent in yesterday’s trading session as investors play safe prior to the Federal Reserve policy meeting where there is a widespread expectation for a rate hike. The Fed is widely expected to hike rates for the first time in a year on Wednesday, with investors pricing in a 100 percent c

EURINR trading range for the day is 71.38-72.14 - Kedia

USDINR

* USDINR trading range for the day is 67.31-67.84.

* Rupee snapped three-day gains tracking upbeat jobs data in US amid a surprise move by ECB of extending the asset purchase programme.

* The Reserve Bank of India announced the issuance of two cash management bills under Market Stabilisation Scheme worth a total of Rs 1.3 tri

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