EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

After a week long investigation into Hillary Clinton email debacle, FBI Director James Coney on 6th Nov’2016 released an official statement saying that Hillary Clinton had been cleared of criminal charges for using her private email server. This removed clouds of suspicion around her campaign and potential Presidency which l

USDINR trading range for the day is 66.82-67.02 - Kedia

USDINR

USDINR trading range for the day is 66.82-67.02.

Rupee traded little-changed tracking overseas funds inflow into local equities amid appreciation in the greenback.

A survey showed Indian factory activity expanded at its fastest pace in almost two years, boosted by a surge in output and new orders.

Indian services ac

Sell NSE USDINR November between 67.10 – 67.20, Stoploss – 67.40, Target – 66.70 / 66.60 - Angel Broking

NSE USDINR

NSE USDINR Nov as seen in the weekly chart above has opened the week with gap down at 66.98 levels and at the starting of the week it made a weekly high of 67.11 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 66.87 levels. This week prices have closed below the pr

Dollar to rally as FBI clears Hillary Clinton - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.07 percent on Friday’s trading session on the back of weakness in dollar. Further, banks were seen selling dollar. However, sharp gain was prevented on the back of weak domestic market sentiments and continued FII outflows from local shares. Investors fear that if Donald Trump wins US presidential electi

Sterling Pound is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The US Dollar Index traded lower by more than 1 percent in the last week. Reason behind the weakness could be attributed to the disappointing release of economic datasets from the nation along with the rising fears of US Presidential Elections. Both ADP and Non-Farm Employment change came on a weaker note. NonManufacturing PMI pl

Fundamental outlook for November 2016 - Angel Broking

OUTLOOK

US DOLLAR INDEX

The month of November’16 will be crucial for the US Dollar Index as the Presidential Elections nears. From the previous presidential debates, markets were positive that Hillary Clinton would be the possible winner. But the recent development of FBI investigating further into Hill

Pound rallied after Brexit ruling and BOE policy - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.03 percent in yesterday’s trading session on the back of weak global market sentiments and continued FII outflows from local shares. Investors fear that if Donald Trump wins US presidential election then there may be sell off in the markets as his stance on issues like foreign policy, trade relations and

Sterling Pound is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The US Dollar Index traded lower by 0.22 percent yesterday. Reason behind the weakness could be attributed to the disappointing release of economic datasets from the nation along with the rising fears of US Presidential Elections. Non- Manufacturing PMI plunged to 54.8 levels from 57.1 in Oct’16. Unemployment Claims rose to

EURINR trading range for the day is 73.97-74.6 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 66.83-67.07.

* Rupee gained selling by foreign banks amid weakness in the greenback on uncertainty ahead of US presidential elections.

*  Standard & Poor's affirmed India's sovereign ratings, welcoming its

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee ended flat in yesterday’s trading session as the investors remained cautious ahead of Major central bank policy meetings. Weak market sentiments and continued FII outflows from local shares added downside pressure. Investors fear that if Donald Trump wins US presidential election then there may be sell off in the market

EURINR is expected to trade higher - Angel

US DOLLAR INDEX (USD)

In spite of the prospect of a December’16 rate hike indication from the Federal Reserve in yesterday’s policy meet, the American currency traded lower by 0.29 percent. Reason behind this unexpected fall could be attributed to the upcoming US Presidential Elections which has kept investors wary.

This was main

USDINR trading range for the day is 66.87-67.17 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 66.87-67.17.

* Rupee remained in the range tracking overseas funds outflow from local stocks.

* Indian factory activity expanded at its fastest pace in almost two years in October, boosted by a surge in output and new orde

USDINR: Scope for a slide - Sharekhan

USDINR: Scope for a slide

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. The price is finding it difficult to sustain above the key daily as well as weekly MAs. In the last few weeks, USDINR

Dollar slips ahead of FOMC meeting - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.07 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 0.01 percent to 8626.25. Indian Rupee tracked strength in other Asian currencies. Further, upbeat manufacturing data supp

GBPINR trading range for the day is 81.71-82.51 - Kedia

Currency Update 

USDINR

# USDINR trading range for the day is 66.89-67.08. 

# Rupee pared gains on likely dollar buying by oil importers ahead of the outcome of the two-day Federal Open Market Committee meeting. 

# Indian factory activity expanded at its fastest pace in almos

Sterling Pound is expected to trade lower - Angel

US DOLLAR INDEX (USD)

The American currency traded lower by 0.74 percent in yesterday’s trading session. Reason behind this unexpected fall could be attributed to the upcoming US Presidential Elections which has kept investors in a cautious mode.

According to a latest poll conducted by ABC/Washington Post, Republican candidate i.e. Don

Sell NSE USDINR Nov between 66.30 – 66.40, SL – 66.60, Target – 66.90 / 66.80 - Angel Bro

NSE USDINR Nov (CMP – 67.05)

NSE USDINR Nov as seen in the weekly chart above has opened the week at 67.25 levels and at the starting of the week it made a weekly high of 67.2625 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.04 levels. This week prices have closed

JPYINR is likely to trade lower - Angel

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.33 percent in the last week’s trading session after recent data from the nation showed fall in the confidence of Americans in the US economy to a three-month low just ahead of the presidential election, with more consumers saying that jobs are a bit harder to find.

However, sharp

Dollar advances on upbeat economic data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.06 percent in yesterday’s trading session on the back of weak market sentiments and continued FII outflows from local shares. Benchmark stock index 50 shares Nifty Index ended flat to 8615.25. FII’s net sold stocks worth Rs 469.93 crores yesterday as per provisional data from NSE. Further, Dollar g

EURINR is expected to trade a bit lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.27 percent in yesterday’s trading session owing to the robust release of unemployment claims and orders for durable goods data from the nation. Very few fillings were done for jobless benefits as employers remain unwilling to part with workers.

Moreover, markets are still discoun

JPYINR trading range for the day is 63.91-64.56 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.07-67.27.

* Rupee traded in range as investors refrained from taking significant positions ahead of slew of economic data including the crucial US GDP data.

* Nationalised banks demanded dollars throughout the day likely on be

Rupee depreciated on weak market sentiments and FII outflows - Sharekhan

USD-INR:

The Indian Rupee depreciated marginally by 0.01 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic market and continued FII outflows from local shares. Benchmark stock index 50 shares Nifty Index decreased by 0.88 percent to 8615.25. FII’s net sold stocks worth Rs 1450.65 crores yesterday as

USDINR is likely to trade lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.07 percent in yesterday’s trading session owing to the disappointing release of new home sales and consumer confidence data from the nation. Confidence of Americans in the US economy fell in October’16 to a threemonth low just ahead of the presidential election, with more consumers sa

GBPINR trading range for the day is 81.54-82.38 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 67.04-67.25.

* Rupee traded flat on dollar selling by foreign banks amid oil importers demand for the greenback.

* Minutes showed broad concerns over economic growth and relief from the pullback in inflation spurred the ban

Pound plunges after BOE Governor Mark Carney speech - Sharekhan

USD-INR:

The Indian Rupee appreciated marginally by 0.03 percent in yesterday’s trading session on dollar selling by exporters. However, sharp gain was prevented on the back of rise in risk aversion in the domestic market and continued FII outflows from local shares. Benchmark stock index 50 shares Nifty Index decreased by 0.20 percent to 8691.3.