JPYINR likely to trade higher - Angel Broking

US DOLLAR INDEX (USD)

After trading higher for the past two days, the American currency traded lower by 0.1 percent in yesterday’s trading session as recent strength in the currency prompted the traders to book profits. Moreover, disappointing release of consumer confidence data from the nation further added to the pressure.

The confide

GBPINR trading range for the day is 82.11-82.39 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.04-67.33.

*  Rupee traded in range tracking overseas outflows from local shares amid appreciation in the greenback amid dollar selling by foreign banks.

* India's wholesale prices rose at a slower-than-expected pace

USDINR: Stuck in a range - Sharekhan

USDINR: Stuck in a range

USDINR had faced resistance near 78.6% retracement of the February-March fall. From there, it entered into a correction mode. On the way down, the currency pair has broken 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

Dollar near 9 month high on rate hike expectations - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.06 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic market. Benchmark stock index 50 shares Nifty Index increased by 0.18 percent to 8708.95. However, sharp gain was prevented on strong dollar and FII outflows. Dollar gained strength on expectation of rate hike

EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by 0.1 percent yesterday but stayed close to nine month high levels as expectations of a Federal Reserve interest rate increase in December gained further traction. Data from CME Group's FedWatch program showed a 74 percent probability of a rate hike in December.

Adding to the opt

Buy NSE USDINR November between 66.80 – 66.90, Stoploss – 66.60, Target – 67.50 / 67.60 - Angel Broking

NSE USDINR

NSE USDINR Nov as seen in the weekly chart above has opened the week with gap up at 67.2650 levels and at the starting of the week prices had made a weekly high of 67.3375 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 67.0625 levels. At the last trading session o

Dollar near 8 month high on rate hike expectations - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.13 percent on Friday’s trading session on the back of strong dollar and rise in risk aversion in the domestic market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December. Indian Rupee tracked weakness in other Asian currencies. Further, foreign institutional investors co

USDINR is likely to trade negative - Angel Broking

US DOLLAR INDEX (USD)

In the last week, the American currency traded higher by 0.7 percent. Reason behind the strength could be attributed to the outcome of final US Presidential debate where the markets see the Democrat leader i.e. Hilary Clinton as the potential candidate for the Presidential choice. The primary focus of business friendly Democrat p

GBPINR trading range for the day is 81.5-82.19 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.79-67.02.

* Rupee fell on dollar buying by oil importers amid growing fears of a possible Federal Reserve rate hike in December.

* The Reserve Bank of India awarded higher yields at the weekly bond auction after announcing pur

Euro plunges after ECB policy meet - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.21 percent in yesterday’s trading session on the back of strong dollar. Indian Rupee tracked weakness in other Asian currencies. Traders remained cautious ahead of ECB president Draghi speech and ECB monetary policy. Dollar demand from importers was seen. However, sharp downside was prevented on rise in

EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The US Dollar Index traded higher by 0.38 percent in yesterday’s trading session owing to the robust release of economic datasets from the nation which kept the market sentiments positive. Existing home sales surged more than the expected levels for the month of Sep’16. Moreover, cost of living rose by 0.3 percent from

GBPINR trading range for the day is 81.8-82.23 - Kedia

Currency Update

USDINR

# USDINR trading range for the day is 66.65-66.94.

# Rupee snapped two-day fall on dollar buying by nationalised banks likely on behalf of oil importers amid strong dollar.

# Minutes of RBI’s policy meeting, showed that broad concerns over economic growth.

Dollar advances on rate hike expectation - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.07 percent in yesterday’s trading session on the back of weakness in dollar. Indian Rupee tracked strength in other Asian currencies. However, sharp gain was capped as investors remained cautious ahead of outcome of GST council meeting and final US presidential debate between Trump and Clinton. Benchmar

Sterling Pound is expected to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The US Dollar Index traded higher by mere 0.04 percent in yesterday’s trading session after the Fed’s latest Beige Book showed a positive outlook for the US economy. According to the beige book, the US economy has maintained a steady growth pace along with modest employment and wage growth. This along with the robust

USDINR trading range for the day is 66.63-66.91 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 66.63-66.91.

* Rupee appreciated for the second straight day on dollar selling by foreign banks amid the release of dismal core CPI data in the US.

* India's wholesale prices rose at a slower-than-expected pace in Septem

Pound rallied after Inflation data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.24 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic market and weak dollar. Benchmark stock index 50 shares Nifty Index increased by 1.85 percent to 8677.90. Further, FII inflows into local shares supported Rupee. FII’s net bought stocks worth Rs 345.04 c

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The US Dollar Index started off on a weak note however ended higher by mere 0.02 percent in yesterday’s trading session. Reason behind this volatile trend could be attributed to the cautiousness in the market prior to the upcoming US Presidential debate which is likely to happen today. The Presidential debates are very impor

USDINR trading range for the day is 66.65-66.97 - Kedia

USDINR

* USDINR trading range for the day is 66.65-66.97.

* Rupee appreciated tracking overseas inflows into local equities amid dollar selling by foreign banks. 

* The Reserve Bank of India is expected to take advantage of expectations that inflation will remain low in the near-term.

* A further rate cut would help t

USD-INR: Bearish outlook - Sharekhan

USD-INR: Bearish outlook

USDINR had faced resistance near 78.6% retracement of the Feb-March fall. After that, it entered into a correction mode. On the way down, the currency pair has broken 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, USDI

Rupee tumbles on weak market sentiments - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.26 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic market and strong dollar. Dollar gained strength on rate hike expectation in December after strong economic data from US. Benchmark stock index 50 shares Nifty Index decreased by 0.73 percent to 8520.4. Indian

Rupee is likely to trade a bit positive - Angel Broking

US DOLLAR INDEX (USD)

The US Dollar Index traded lower by 0.12 percent yesterday as recent strength in the currency prompted the trader to book profits. Moreover, disappointing release of capacity utilization rate and industrial production data from the nation dented the demand for the US Dollar Index. Furthermore, the campaign for the US presidential

USDINR trading range for the day is 66.78-67.07 - Kedia

USDINR

* USDINR trading range for the day is 66.78-67.07.

* Rupee depreciated after upbeat economic releases in the US strengthened the case of a Federal Reserve rate hike in December.

* India's wholesale prices rose at a slower-than-expected pace in September, gaining 3.57 percent from a year earlier, government data showed.

Dollar rises after upbeat economic data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.34 percent on Friday’s trading session on the back of rise in risk appetite in the domestic market after the ease in inflation raised the hope of another rate cut by RBI. Further, foreign banks were seen selling dollars. Benchmark stock index 50 shares Nifty Index increased by 0.12 percent to 8583.40. H

Japanese Yen likely to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The US Dollar Index traded higher by more than 1 percent in the last week’s trading session. Reason for the same could be attributed to the robust release of economic datasets from the nation like retail sales, unemployment claims and Producer Price Index from the nation. Moreover, the hawkish tone in the US Fed Chairwoman&

GBPINR trading range for the day is 81.29-82.28 - Kedia Commodity Ltd

Currency Update

*   USDINR trading range for the day is 66.67-67.07.

*   Rupee gained on dollar selling by foreign banks even as investors await key economic data from US and Fed’s Yellen speech.

*    India's wholesale prices rose at a slower-than-expected pace in September, gaining 3.57 percent f