USDINR trading range for the day is 66.65-66.92 - Kedia

USDINR

* USDINR trading range for the day is 66.65-66.92.

* Rupee appreciated for the second straight day on hopes of an accommodative stance by the RBI at its fourth bi-monthly policy. 

* India's annual infrastructure output grew 3.2 percent in August, mainly aided by a pick up in the production of fertilisers and cement,

Sell NSE USDINR Oct between 67.00 – 67.20, Stoploss- 67.50, Target – 66.50 / 66.30 - Angel Broking

NSE USDINR

NSE USDINR Oct as seen in the weekly chart above has opened the week at 67.0875 levels and at the starting of the week prices have corrected sharply and made a weekly low of 66.68 levels. Later on prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 67.22 levels. At the last trading session of the we

Rupee is likely to sideways to lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.01 percent in the last week. Events such as the US Presidential debate and speech by the Federal Reserve Chairwoman kept the markets on a cautious mode. The Presidential debates are very important as half of America's likely voters rely on them to make their likely Presidential choice in the

JPYINR trading range for the day is 65.7-66.71 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 66.63-67.27.

*  Rupee posts its biggest intraday gain in over one-week on dollar selling by nationalised, private and foreign banks.  

*    India central bank sets cut-off rate of 6.49 pct at overni

Rupee down after India’s surgical strike across LOC - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.58 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic markets. Markets fell over by 1.76 percent after Indian army conducted surgical strike across the line of control (LOC) against terrorist launch pads. India surgical strike across LOC fuelled geopolitical tens

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.14 percent yesterday as the robust release of GDP data from the nation boosted sentiment. The US economy expanded by 1.4 percent in the second quarter of 2016, higher than previously estimated. Robust hiring and wage gains have prompted the consumers to spend more thereby helping the economy to

Rupee is likely to trade positive - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded on a flat note yesterday as markets discounted the Yellen speech which gave no clear indication with respect to rate hike timings. She said that there was “no fixed timetable for removing” the accommodative stance of monetary policy.

At the same time, she made clear about not wanting to

Dollar slips against commodity linked currencies - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.05 percent in yesterday’s trading session on the back of continued FII inflows into local shares and debt market. Further, rise in risk appetite in the domestic market supported rupee. Benchmark stock index 50 shares Nifty Index increased by 0.45 percent to 8745.15. Risk sentiment globally improved after

Japanese Yen likely to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.1 percent yesterday as recent weakness in the DX prompted the traders to place fresh bets. Moreover, robust release of CB Consumer Confidence data from the nation added to the strength. It increased to 104.1 in Sep’16 from previous month’s 101.8 thereby boosting optimism over the stre

Dollar advances on unexpected rise in Consumer Confidence - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.18 percent in yesterday’s trading session on the back of continued FII inflows into local shares and debt market. Further, Indian Rupee tracked strength in other Asian currencies. Risk sentiment globally improved after Democratic presidential candidate Hillary Clinton’s performance was seen superi

EURINR trading range for the day is 75.02-75.32 - Kedia

USDINR

* USDINR trading range for the day is 66.66-66.94.

* Rupee traded up tracking overseas funds inflow in local equities and debt markets amid dollar buying by foreign banks.

* Global investors risk appetite improved buoyed by the view that US presidential candidate Hillary Clinton is doing better than her rival Donald Trump.

USDINR: Set for a slide - Sharekhan

USDINR: Set for a slide

USDINR had faced resistance near 78.6% retracement of the February-March fall. From there, it entered a correction mode. On the way down, the currency pair broke the lower end of a medium-term rising channel. The price has fallen below the key daily as well as weekly MAs. Momentum indicators on daily & weekly timeframe have

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.2 percent yesterday as markets remained tensed ahead of the US Presidential debate between Donald Trump and Hillary Clinton. The Presidential debates are very important as half of America's likely voters rely on them to make their likely Presidential choice in the November 8 election.

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Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated marginally by 0.05 percent in yesterday’s trading session on the back of weakness in dollar. Dollar remained under pressure as traders remained cautious ahead of first debate between US presidential candidates and US Federal Reserve refrained from increasing rates and projected less aggressive rise of interes

JPYINR trading range for the day is 65.9-66.62 - Kedia

USDINR

* USDINR trading range for the day is 66.51-66.87.

* Rupee settled flat tracking overseas outflows from local equities amid dollar selling.

* RBI downplayed the risks of inflation while stating that there would not be any severe impact of the implementation of GST Bill.

* India's merchandise exports contrac

Rupee is likely to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.4 percent in the last week as markets discounted the outcome of Sep’16 FOMC meeting where the interest rates was left unchanged. The US central bank slowed the pace of future hikes and cut its longer run interest rate forecast to 2.9 percent from 3 percent, but hinted at the possibility of a

USDINR trading range for the day is 66.57-66.81 - Kedia

USDINR

USDINR trading range for the day is 66.57-66.81.

Rupee settled flat on rising bets of a rate cut by RBI at the policy due October and on buying by nationalised banks.

Markets speculate of further easing of 25bps by RBI following the recent cool down in inflationary pressures in the month of August.

India unexpe

Rupee gains on upbeat market sentiments - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.52 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic markets. Dollar weakened as US Federal Reserve refrained from increasing rates and projected less aggressive rise of interest rates in coming years. Further, FII inflows into local shares

Euro is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded lower by 0.3 percent as markets discounted the outcome of Sep’16 FOMC meeting where the interest rates was left unchanged. The US central bank slowed the pace of future hikes and cut its longer run interest rate forecast to 2.9 percent from 3 percent, but hinted at the possibility of a rate hike by th

USDINR trading range for the day is 66.52-67.05 - Kedia

USDINR

* USDINR trading range for the day is 66.52-67.05.

* Rupee gains after Fed kept interest rates unchanged while lowering growth projections in the world's largest economy.

* India unexpectedly posted a slight current account deficit in the April-June quarter, contrasting with expectations.

* The dollar index weak

Dollar plunges after FOMC meeting - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.01 percent in yesterday’s trading session as investors remained cautious ahead of key monetary policy meetings in US. US Federal Reserve was likely to refrain from raising interest rates in this meeting. More focus remained on the statements from the central bank to get the hint on future monetary stance

USDINR trading range for the day is 66.96-67.3 - Kedia

USDINR

* USDINR trading range for the day is 66.96-67.3.
* Rupee traded flat awaiting the outcome of US Federal Open Market Committee (FOMC), and on buying by foreign banks.
* India's merchandise exports contracted 0.3 percent year-on-year to $21.5 billion in August, government data showed.
* Indian consumer inflation fell

Rupee is likely to trade higher in today - Angel Broking

US DOLLAR INDEX (USD)

The FOMC meeting was very important for the US Dollar Index which ended lower by 0.3 percent in yesterday’s trading session. The US Federal Reserve kept the key policy rates unchanged and hinted at the possibility of a rate hike by the end of 2016.

Markets believe that Dec’16 would be that month since Nov&rs

Rupee slips on weak market sentiments - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.07 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic markets and FII outflows from local shares. Benchmark stock index 50 shares Nifty Index decreased by 0.37 percent to 8775.9. FII’s net sold stocks worth Rs 1146.93 crores yesterday as per provisional data

Sterling   Pound   is   expected   to   trade   lower - Angel Broking

US DOLLAR INDEX (  USD)

 The US Dollar Index had a volatile start and ended higher 0.2  percent yesterday as investors speculates whether the US Fed will  hike interest rates or not in today’s monetary policy review.  Markets are expecting no rate hike move in the upcoming polic  y  meet; discounting the dovish