JPYINR trading range for the day is 64.31-64.74 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.66-66.95.

* Rupee depreciated for the second straight day tracking overseas funds outflows from local equities amid dollar buying by oil importers.

* Allaying trend of inflation prints in September may bolster the case for con

Rupee is likely to trade higher - Angel Broking

US DOLLAR INDEX (USD)

In spite of the robust release of manufacturing and nonmanufacturing data from the nation, US Dollar Index traded lower by 0.01 percent in yesterday’s trading session. Recent comments by the Federal Reserve Bank of Cleveland President Loretta Mester, has strengthened the case for a Dec’16 rate hike which prompted the t

USDINR trading range for the day is 66.63-66.95 - Kedia

USDINR

* USDINR trading range for the day is 66.63-66.95.

* Rupee remained in the range on reports the European Central Bank may decide to wind up their quantitative easing program sooner than scheduled.

* The RBI cut its key lending rate or repo rate by 25 basis points to 6.25% -- its lowest level in over five years

* IMF

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

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.56 percent yesterday after Federal Reserve Bank of Cleveland President Loretta Mester said that the case for a rate hike in Nov’16 is on the cards provided the economic datasets of the US comes as per expectations. She mentioned that gradual rate hike doesn't mean moving rates up in eve

Pound hits 31 year low on Brexit worries - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 percent in yesterday’s trading session as RBI unexpectedly slashed its interest rates by 25bps. Finance Secretary said this move would help boost growth and improve market sentiment. Further, rise in risk appetite in the global markets and continued FII inflows into local shares supported Rupee. Bench

JPYINR  trading range for the day is 64.87-65.65 - Kedia

USDINR

* USDINR trading range for the day is 66.5-66.96.

* Rupee fluctuated tracking inflows into local shares amid dollar buying by foreign banks after the Reserve Bank of India slashed interest rates.

* India's newly minted monetary policy committee delivered a surprise 25-basis-point cut in the repo rate to 6.25 percent.

USDINR trading range for the day is 66.5-66.96 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.5-66.96.

* Rupee fluctuated tracking inflows into local shares amid dollar buying by foreign banks after the Reserve Bank of India slashed interest rates.

* India's newly minted monetary policy committee delivered a surpri

USDINR: Crawling down - Sharekhan

USDINR: Crawling down

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 Moving Averages (MA). Momentum indicato

Euro is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.08 percent yesterday. Reason behind the strength could be attributed to the upbeat economic data release from the nation. Manufacturing PMI surged more than the expected levels at 51.5 in Sep’16. It rebounded from 49.4 in Aug’16 which was the first slip since Feb’16.

H

Dollar advances on upbeat data - 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 global markets and continued FII inflows into local shares. Benchmark stock index 50 shares Nifty Index increased by 1.47 percent to 8738.1. FII’s net bought stocks worth Rs 34.22 crores yesterday as per provisio

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.

<
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