Currency Market Update For 16th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee fell after retail inflation spiked to its highest on record, raisingexpectations for another rate hike by the central bank and adding to thewoes of the embattled government. Reserve Bank of India ChiefRaghuram Rajan said he was "very uncomfortable" with the inflationreading, a comment that probably seals the case for him to d

Currency Daily Technical Report For 16th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

On a weekly basis, Indian Rupee depreciated sharply by more than 1percent on the back of decline in industrial production data and rise inretail inflation data during the week which had raised expectations of increase in interest rates by the central bank in its December 18 meeting.

Also, slow exports data from the country in the month of Nov

Currency Outlook For 14th Dec - Swastika Investmart Ltd

USD INR

Rupee lost 0.63 percent against the dollar in futures onFriday and closed at 62.3800. The spot rate is currentlyat 62.13.

Dollar Index traded on a weak note in the past week butfound crucial support at the sub-80 levels and rose. Itclosed at 80.18 on Friday, down 0.05 percent from itsprevious close of 80.22.

The producer-price index i

Currency Market Update For 13th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee weakened for a second day weighed down by losses in thedomestic share market on concerns about likely outflows in the event of asooner-than-expected U.S. Fed taper. India's industrial productioncontracted for the first time in four months in October in a sign thateconomic recovery remains fragile, government data showed. Industrial

Currency Daily Technical Report For 13th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee depreciated around 0.9 percent in yesterday’s trading session. The currency depreciated on the back of weak domestic market sentiments due to concerns of QE tapering by the Federal Reserve in its meeting next week. Additionally, estimates of decline in industrial production data and rise in retail inflation data during the yesterd

Currency Market Update For 12th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee fell snapping a five-session winning streak, as the pace of exportslast month slowed, raising some concerns about the economy despite atrade deficit that narrowed after gold and silver imports slumped. Thecountry's merchandise deficit narrowed to $9.2 billion in November, butexports growth eased to 5.9 percent from 13.5 percent in

Currency Daily Technical Report For 12th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee depreciated around 0.3 percent in yesterday’s tradingsession. The currency depreciated on the back of slow exports data fromthe country in the month of November raising concerns over theeconomic growth. Further, dollar demand from state run oil refiners exerted downside pressure on the currency. Additionally, estimates ofdecline i

Currency Trading Tips For 11th Dec 2013 - Ambalal Shares and Stocks Pvt Ltd

USD/INR

COMMENTARY:

$ The Indian rupee edged higher as gains in the euro and lower demand for dollars from oil firms helped offset falls in domestic shares as the impact of the strong showing by the key opposition party in state elections started to fade.

$ The euro stayed bid in Asia on Tuesday, having scaled a fresh five-ye

Currency Market Update For 11th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee edged higher as gains in the euro and lower demand for dollarsfrom oil firms helped offset falls in domestic shares as the impact of thestrong showing by the key opposition party in state elections started tofade. Traders are now focussed on the upcoming November trade data,due sometime this week, for near-term direction, with consumer

Currency Daily Technical Report For 11th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated marginally around 0.1 percent inyesterday’s trading session. The currency appreciated on the back ofexpectations of favorable trade balance data for the month ofNovember which will be released during the week. Further, weakness inthe DX coupled with estimates that Bharatiya Janata Party (BJP) has highchances of victory

Currency Market Update For 10th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee rose to a four-month high boosted by record-high stockmarkets afterthe main opposition party, widely seen by investors as being more businessfriendly, swept three out of five key state elections held since last month. Theresults were seen bolstering chances of the Hindu nationalist Bharatiya JanataParty (BJP) and its prime ministerial

Currency Daily Technical Report For 10th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated around 0.5 percent in yesterday’s tradingsession. The currency appreciated on the back of victory of oppositionparty in recent state elections. Further, it is estimated that BharatiyaJanata Party (BJP) has high chances of victory in general elections to beheld in May which led to all time high for domestic market senti

Weekly Currencies Outlook & Strategy - Angel Broking Pvt Ltd.

Rupee

Outlook

• During the week, we expect Rupee to trade on a positive note on the back of victory for opposition party which is BJP in recent state  elections.

• Further, rising inflow of foreign funds coupled with selling of dollars from state run banks will support an upside in the currency. 

Weekly Currency Report For 9.12.2013 14.12.2013 By Ambalal Shares & Stocks Pvt Ltd

USDINR

Quick Notes

Rupee ends at 61.41/42 per dlr vs 61.7525/7625 on Thursday State election results due on Sunday. The Indian rupee rose on Friday, notching up a third week of gains, while U.S. nonfarm pay-rolls data and state poll results are expected to determine whether the currency would sustain its recent winning run. The outcome

Currency Trading Tips For 9th Dec 2013 - Ambalal Shares and Stocks Pvt Ltd

USD/INR

COMMENTARY:

$ The Indian rupee rose , notching up a third week of gains, while U.S. nonfarm payrolls data and state poll results are expected to determine whether the currency would sustain its recent winning run.

$ The euro traded at five-week highs against the dollar early in Asia , having powered higher overnight a

Currency Market Update For 9th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee rose on notching up a third week of gains, while U.S. nonfarmpayrolls data and state poll results are expected to determine whetherthe currency would sustain its recent winning run. The outcome of thestate elections is due on Sunday and if exit polls are any indicator, themain opposition Bharatiya Janata Party is likely to win most of

Currency Daily Technical Report For 9th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

On a weekly basis, Indian Rupee appreciated sharply around 1.5 percenton the back of exit polls prediction which shows strong hold ofopposition party in recent state elections. Further, it is estimated thatBharatiya Janata Party (BJP) has high chances of victory in generalelections to be held in May which supported an upside in domesticmarket sentiments

Currency Trading Tips For 6th Dec 2013 - Ambalal Shares and Stocks Pvt Ltd

USD/INR

COMMENTARY:

$ The Indian rupee rose to a five-week high against the dollar and stocks jumped more than 2 percent to near record highs as exit polls predicted a strong showing for the key opposition party in recent state elections.

$ The yen held off a five-year trough on the euro and a six-month low versus the dollar

Currency Market Update For 6th Dec 2013 - LKP Securities Ltd

MCX-SX USDINR Dec 2013

Rupee rose to a five-week high as exit polls predicted a strongshowing for the key opposition party in recent state elections. TheBJP and its prime ministerial candidate Narendra Modi are perceivedby many investors in India as being more business-friendly andwilling to undertake reforms to tackle an economy growing at itsslowest in a decade.

Currency Daily Technical Report For 6th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated around 0.5 percent in yesterday’s tradingsession. The currency appreciated on the back of exit polls predictionwhich shows strong hold of opposition party in recent state elections.Further, it is estimated that Bharatiya Janata Party (BJP) has highchances of victory in elections to be held in May which supported anupsi

Currency Trading Tips For 5th Dec 2013 - Ambalal Shares and Stocks Pvt Ltd

USD/INR

COMMENTARY:

$ The Indian rupee rose , helped by foreign inflows tied to a share sale from a state-run power transmission utility, even as other emerging market currencies were hit by fears of an early tapering of the U.S. monetary stimulus.

$ The yen was squeezed higher across the board early in Asia , enjoying a bit

Currency Daily Technical Report For 5th Dec 2013 - Angel Broking Pvt Ltd

Dollar/INR

The Indian Rupee appreciated around 0.5 percent yesterday on the backof rising inflow of foreign funds. The Foreign Institutional (FII’s) boughtaround Rs.516.59 crores of shares in yesterday’s trade. Further, inflowof foreign funds from Power Grid Corporation FPO offer which isexpected to attract $400-$500 million supported an upside in thec

Currency Trading Tips For 4th Dec 2013 - Ambalal Shares and Stocks Pvt Ltd

USD/INR

COMMENTARY:

$ The Indian rupee fell as the dollar gained after strong U.S. economic data sparked expectations of an early tapering of the Federal Reserve stimulus, but a sharp easing in the current account deficit capped wider losses.

$ The yen remained on the backfoot early in Asia , having succumbed to further selli