Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.09 percent in yesterday’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

EURINR is expected to trade a bit lower - Angel Broking

US DOLLAR INDEX (USD)

After trading higher in the last few days, the US Dollar Index weakened by 0.46 percent in yesterday’s trading session. The fall in the currency was mainly due to the disappointing release of manufacturing and unemployment claims data from the nation. Americans who filed for unemployment benefits have raised considerable sin

JPYINR trading range for the day is 59.63-60.81 - Kedia

USDINR

* USDINR trading range for the day is 68.31-68.74.

* Rupee appreciated for the third straight day on dollar selling by foreign banks and exporters.

* There are rising bets of a rate cut by the Reserve Bank of India at the monetary policy set to conclude on Dec 7.

* India's GDP expanded at 7.3% in the fiscal seco

Buy USDINR around 67.90-67.70 Targeting 69.30 and 70.70 with stop loss below 67.00. - Reliance Sec

USDINR WEEKLY

The USDINR ended higher at 68.55 during the month of November 2016 up by 2.20% as against 67.08 in the previous month. The pair may find immediate support near 68.05 to 67.45 levels. Blue and yellow simple moving average of 14 and 21 days in weekly chart indicates subdued to upside above the levels of 67.25 to 67.20 in the above chart.

Dollar advances on OPEC deal and strong data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.39 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index increased by 1.01 percent to 8224.5. However, sharp gain was prevented on continued FII outflows from local shares and debt market and month end dollar dema

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency strengthened by 0.56 percent in yesterday’s trading session led by gains in the energy sector after the Organization of the Petroleum Exporting Countries agreed on its first oil output cut since 2008 in a bid to support prices. The agreement came despite huge political hurdles. Moreover, markets are st

JPYINR trading range for the day is 60.43-61.38 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.33-68.93.

*  Rupee appreciated for the second straight day on dollar selling by foreign banks amid overseas inflows into local shares.

* India's fiscal deficit during the seven months to October was 4.24 trillion rupee

Euro under pressure ahead of Italian referendum - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic markets. Benchmark stock index 50 shares Nifty Index increased by 0.19 percent to 8142.15. However, sharp gain was prevented on continued FII outflows from local shares and debt market a

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency initially started off on a positive note; all thanks to the robust release of GDP data from the nation that rose by 3.2 percent in Sep’16 quarter. However in the later part of the trading day it weakened and closed lower by 0.40 percent. This was mainly due to the renewed uncertainty over the direction

GBPINR trading range for the day is 85.1-86.3 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.68-69.02.

* Rupee appreciated tracking overseas funds inflow into local shares amid dollar selling by foreign banks and exporters.

* India's economy probably picked up steam in the July-September quarter on strong demand.

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