EURINR is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded higher by 0.25 percent yesterday as the encouraging post win speech by America’s future president i.e. Donald Trump has infused expectations that his mix of policies could spur a still-fragile global economic recovery. The markets think he is likely to protect the U.S. domestic economy, especiall

EURINR trading range for the day is 72.15-73.8 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.34-66.98.

* Rupee snapped two-day gains on dollar buying by oil importers amid appreciation in the greenback. 

* Weakness also seen on expectations of further easing of India's retail inflation that could give room fo

Dollar advances as bond yields spike - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.28 percent in yesterday’s trading session as the local markets recovered from its low. Domestic market recovered as global markets got stabilize after victory of Donald Trump in US presidential elections. Further, government move to withdraw Rs 500 and Rs 1000 notes as legal tender supported rupee. Howev

USDINR is likely to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The American currency, after the shocking victory of Republican candidate Donald Trump, plunged lower. However, in the later part of the trading day it bounced back and ended higher by 0.68 percent yesterday. International markets viewed Trump’s victory as negative for global markets as his policies were source of uncertaint

GBPINR trading range for the day is 81.31-84.88 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.19-67.28.

* Rupee appreciated to five-week high as local equities recovered from sharp losses amid dollar selling by foreign, private and nationalised banks.

* Prime Minister Modi's withdrawal of higher value banknotes wou

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

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

Yen to gain strength as demand for safe haven may increase - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic markets and FII inflows into local shares. Further, sentiments were supported after some polls showed that Democrat Hillary Clinton was ahead of Republican rival Donald Trump. Benchmark stock index 50 shares N

USDINR trading range for the day is 66.73-66.96 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.73-66.96.

* Rupee appreciated to its highest level in four-weeks tracking overseas inflows Into local equities.

* RBI said it would ensure there was no disruption caused by the phasing out of 500 and 1000 rupee notes.

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JPYINR: Poised for a bounce - Sharekhan

USDINR: Triangular pattern

USDINR had faced resistance near 78.6% retracement of the Feb-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 seem

Currencies under pressure ahead of US presidential election - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.05 percent in yesterday’s trading session on the back of strong dollar. Dollar gained strength after US FBI gave clean chit to democratic presidential candidate Hillary Clinton. However, sharp downside was prevented on rise in risk appetite in the domestic markets and FII inflows into local shares. Furt

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