Dollar under pressure ahead of Fed Chair Janet Yellen speech - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.06 percent in yesterday’s trading session as foreign banks and Exporters sold dollar. Further, Market participants remained cautious ahead of Fed Chair Janet Yellen speech to get hint on future monetary stance. However, sharp gain was prevented on rise in risk aversion in the domestic markets. Benchmark

Rupee is likely to trade higher - Angel Broking

US DOLLAR INDEX (USD)

In spite of the robust release of core durable goods and unemployment claims data from the nation, the American currency traded on a flat note yesterday. Reason for the same could be attributed to the investors focus on the Jackson Hole meeting which is scheduled to start today. Officials of other central banks and other senior fi

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

After remaining pressurized for the past 2-3 days, the American currency finally surged by 0.3 percent in yesterday’s trading session. Reason for the same could be attributed to the investors focus on the Jackson Hole meeting which is scheduled to start today. Officials of other central banks and other senior financial offic

Yen to advance on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.06 percent in yesterday’s trading session on the back of strong dollar after upbeat economic data from US. Further, Market participants remained cautious ahead of Fed Chair Janet Yellen speech to get hint on future monetary stance. Disappointing macro economic data added downside pressure. However, shar

EURINR trading range for the day is 75.54-76.01 - Kedia

USDINR

USDINR trading range for the day is 67.09-67.26.

Rupee depreciated on likely dollar buying by nationalised banks amid the release of encouraging economic data in the US.

The greenback strengthened after US Commerce Department reported an unexpected jump in new home sales in the month of July.

RBI said average d

Euro plunges on disappointing economic data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.19 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic markets. Dollar remained under pressure as investors look forward to Fed Chair Janet Yellen speech get further guidance. Benchmark stock index 50 shares Nifty Index increased by 0.04 perc

USDINR trading range for the day is 66.71-67.9 - Kedia

USDINR

USDINR trading range for the day is 66.71-67.9.

Rupee snapped three-day fall tracking fall in weakness in the greenback amid selling by foreign banks.

RBI said government surplus cash balance with RBI for auction was 88.40B Rupees as on Aug 22

RBI said Indian banks borrowed 4.85B Rupees via marginal standing fa

Japanese Yen likely to trade negative - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded on a flat note percent yesterday as investors now shift their attention towards the Jackson Hole meeting where the US Fed chairwoman will give a statement. Markets await more clarity on when the policymakers might raise interest rates.

Moreover, markets are discounting the FOMC meeting minut

EURINR: Climbing up gradually - Sharekhan

USDINR: Bulls take over

USDINR had faced resistance near the 78.6% retracement mark of the February-March fall. After that, it witnessed a short-term correction. On the way down, the pair broke certain key supports, but the bulls managed to hold on to the crucial swing low of Rs66.44. The currency pair has seen accumulation in the last few sessions and

Sterling Pound is expected to trade higher today - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded on a flat note percent yesterday as lack of important economic datasets from the nation kept the trading volumes a bit light. Investors now shift their attention towards the Jackson Hole meeting where the US Fed chairwoman will give a statement. Markets await more clarity on when the policymakers migh

 EURINR trading range for the day is 75.7-76.14 - Kedia

USDINR

*  USDINR trading range for the day is 67.15-67.38.

*  Rupee dropped as investors took the appointment of Urjit Patel as next RBI Governor as a signal of policy continuity at the central bank.

*  RBI says Reserve Money inclined 15% y-o-y during week to Aug 12 vs 9.8% year ago

* Investors expect Patel

Euro is expected to trade lower - Angel Broking Pvt Ltd

Euro

Weekly Price Performance

• Euro currency traded higher by 1.6 percent in the last week owing to weakness seen in the US Dollar Index after the dovish release of FOMC Meeting minutes.

• Moreover, there has been a slight pickup seen in Euro-zone’s inflation rate owing to surge in

Dollar advance on Fed President John Williams statement - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.36 on Friday’s trading session on the back of strong dollar after San Francisco Fed President John Williams’s signaled US rate hike in coming months. Further, weak domestic market sentiments and disappointing macro economic data kept Rupee under pressure. Investors remained cautious ahead of repla

USDINR trading range for the day is 66.92-67.26 - Kedia

USDINR

USDINR trading range for the day is 66.92-67.26.

Rupee depreciated to over three-week low post the release of robust jobs data in the US.

India's core annual consumer price inflation in July accelerated slightly to around 4.6 percent year-on-year.

Data showed India's annual consumer price inflation accelerat

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency plunged by -1.4 percent in the last week. Reason for the same could be attributed to the dovish stance in the FOMC meeting minutes which prompted the traders to book profits. Members of the FOMC committee were divided over when the next rate rise should come. As per federal funds future rates, only 12 percent

Pound advances on strong retail sales data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.05 in yesterday’s trading session on the back of dollar demand from importers. Further, mixed Asian markets and weak macro economic data kept Rupee under pressure. However, sharp downside was prevented on the back of weakness in dollar after FOMC meeting minutes and continued FII inflows into local share

Euro is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

In spite of the robust release of unemployment claims data from the nation, the American currency traded lower by 0.6 yesterday. Reason behind this weakness could be attributed to the dovish stance in the recent FOMC meeting minutes’ release that prompted the traders to book profits.

Members of the FOMC committee w

Dollar Plunges after FOMC meeting minutes - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 on Tuesday trading session on the back of weakness in dollar. Further, continued FII inflows into local shares supported Rupee. FII’s net bought stocks worth Rs 1272.93 crores yesterday as per provisional data from NSE. Indian Rupee tracked gains in other Asian currencies. However, sharp gain was prev

USDINR trading range for the day is 66.72-67.1 - Kedia

USDINR

USDINR trading range for the day is 66.72-67.12.

Rupee gained on dollar selling by state-run and private banks after mixed US data.

RBI Governor Raghuram Rajan called for a new structure to oversee state-owned lenders, saying too many regulators had overlapping jurisdictions.

India's wholesale prices rose a

Rupee is likely to trade negative - Angel Broking

US DOLLAR INDEX (USD)

The American currency declined by 0.1 percent yesterday owing to cautiousness in the market prior to the FOMC meeting minutes release that prompted the traders to book profits.

In the meeting minutes, New York Fed President William Dudley spoke about the improving labour market thereby hinting that the US Federal Reserve

Sell NSE USDINR August between 67.30 – 67.40, Stoploss – 67.70, Target – 66.80 / 66.70 -Angel Broking

NSE USDINR

NSE USDINR Aug as seen in the weekly chart above has opened the week with gap up at 67.0375 levels and at the starting of the week prices have made a weekly high of 67.19 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply towards the weekly low of 66.8550 levels. This week prices have closed

GBPINR trading range for the day is 86.62-87.11 - Kedia

USDINR

USDINR trading range for the day is 66.87-67.09.

Rupee traded flat on likely dollar buying by nationalised and private bank amid overseas inflows into local equities.

Finance Minister Arun Jaitley says more money needed to fund pay rises

Soaring food prices in July probably kept India's headline inflation a

Rupee to weaken on disappointing macro economic data - Sharekhan

USD-INR:

The Indian Rupee depreciated marginally on Friday’s trading session as traders remained cautious ahead of macro economic data. Indian Rupee tracked weakness in other Asian currencies. Demand for dollar increased ahead of long weekend. Banks remained closed on Monday on account of Independence Day holiday. However, sharp fall was prevente

Dollar up after Fed official comment -Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.20 percent in yesterday’s trading session on the back of strong dollar. Further, traders remain cautious ahead of macro economic data. Indian Rupee tracked weakness in other Asian currencies. However, sharp fall was prevented on continued FII inflows into local shares. FII’s net bought stocks wort