Rupee depreciates on continued FII outflows - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.44 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic markets and continued FII outflows from local shares. Further, demand for greenback from Importers increased. Benchmark stock index 50 shares Nifty Index fell by 0.08 percent to 8179.5. FII’s net sold sto

EURINR is expected to trade higher - Angel Broking

Euro

• The Euro currency traded higher by 0.56 percent in the last week no major economic datasets from the US on account of Christmas holidays kept the American currency weak which boosted the demand for the shared currency.

• Debt-ridden nation Greece had planned to pay out a Christmas bonus for pensioners and keep lower value add

Dollar plunges on disappointing data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.24 percent on Friday’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 rose by 1.01 percent to 8185.8. Further, Indian Rupee tracked strength in other Asian currencies. However, sharp gain was prevented on mo

EURINR is expected to trade lower - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.1 percent in the last week as investors indulged in profit booking owing to persisting worries about the impact from the ban on higher value banknotes on the economy and corporate profits. Moreover, persistent buying of American currency by importers/banks amid higher US Dollar in the overseas market added

Buy NSE USDINR January between 67.80 – 67.70, Stoploss – 67.50, Target – 68.40 / 68.60 - Angel Broking

NSE USDINR

NSE USDINR Jan as seen in the weekly chart above has opened the week with gap up at 68.1450 levels and at the starting of the week it made a weekly low of 67.9850 levels. Later on prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 68.43 levels. At the last trading session of the week prices correct

The USDINR pair rebounding from a low of 67.7 - HDFC Sec

USDINR

The week gone by saw the USDINR pair rebounding from a low of 67.7 with the mid band of the 21-day Bollinger Band providing support.

Technical indicators are giving positive signals. While the pair trades above the 13-day SMA, momentum readings like the 14-day RSI are in rising mode. The 14-day RSI is also not in overbought territory s

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.21 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 rose by 0.86 percent to 8103.6. Further, Indian Rupee tracked strength in other Asian currencies. However, sharp gain was prevented on

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

In spite of the robust release of unemployment claims data form the nation, US Dollar Index traded lower by 0.52 percent yesterday. Reason behind this could be attributed to thin trading volumes on account of New Year holidays that prompted the traders to book yearly profits. In the last week, traders digested the robust release

EURINR may trade higher - Angel Broking

NSE USDINR 

Today NSE USDINR Jan opened with gap up at 68.31 levels and touched the intraday high of 68.42 levels and after that it touched the intraday low of 68.20 levels. Today prices have closed 0.23% lower at 68.26 levels. On the Technical charts Prices have formed Bearish candlestick pattern which indicates further weakness (appreciate).

GBPINR trading range for the day is 83.61-84.06 - Kedia

USDINR

*  USDINR trading range for the day is 68.1-68.48.  

*  Rupee appreciated on dollar selling by nationalised banks including Allahabad Bank and State Bank of Patiala amid global weakness in the greenback.  

*  Support also seen on hopes of lower fiscal deficit after Reserve Bank of India special divide

Rupee depreciates on continued FII outflows - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.26 percent in yesterday’s trading session on the back of strong dollar and month end dollar demand from importers. Rupee tracked weakness in other Asian currencies. Further, continued FII’s outflows from local shares added downside pressure. FII’s net sold stocks worth Rs 527.06 crores yeste

The Euro currency is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.27 percent yesterday as markets discount the robust release of consumer confidence data from the nation. Moreover, thin trading volumes on account of New Year holidays kept the American currency in a range-bound manner. In the last week, traders digested the robust release of real GDP data that i

The Indian rupee is expected to depreciate in today - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded marginally higher by 0.01 percent yesterday as markets discount the robust release of consumer confidence data from the nation. Moreover, thin trading volumes on account of Christmas holidays kept the American currency in a range-bound manner. In the last week, traders digested the robust release of real GD

Dollar advances on upbeat data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.47 percent in yesterday’s trading session on the back of strong dollar. Rupee tracked weakness in other Asian currencies. Further, continued FII’s outflows from local shares added downside pressure. FII’s net sold stocks worth Rs 712.17 crores yesterday as per provisional data from NSE. Howev

JPYINR trading range for the day is 58.01-58.53 - Kedia

USDINR

* USDINR trading range for the day is 67.95-68.44.

* Rupee snapped two-day gain on dollar buying by oil importers for their month-end payments.

* Reserve Bank of India's monetary policy committee has shifted its focus towards inflation while playing down concern about economic growth.

* India's foreign excha

GBPINR: Sliding down - Sharekhan

USDINR: On slippery ground

In June, USDINR faced resistance near the 78.6% retracement of the February-March fall. After that, it entered a correction mode. During September-October, the currency pair witnessed a consolidation, which broke out on the upside. In November, it rallied towards the high of 68.89, where the bears restricted further upside, r

Currencies remained flat as key markets were closed - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.13 percent in yesterday’s trading session on the back of weakness in dollar. Further, Rupee tracked strength in other Asian currencies. However, sharp gain was prevented on rise in risk aversion in the domestic markets and continued FII’s outflows from local shares. FII’s net sold stocks wort

The Euro currency is expected to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded on a flat note yesterday as thin trade and no major economic datasets from the nation on account of Christmas holidays kept the American currency in a range-bound manner. In the last week, traders digested the robust release of real GDP data that increased at an annual rate of 3.5 percent in the third quarte

Buy NSE USDINR January between 67.80 – 67.70, Stoploss – 67.50, Target – 68.30 / 68.40 - Angel Broking

NSE USDINR

NSE USDINR Jan as seen in the weekly chart above has opened the week with gap up at 68.09 levels and starting of the week it made a weekly low of 68.00 levels. Later on as prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 68.3525 levels. At the last trading session of the week prices corrected fro

Sell JPYINR December Future below 57.50, Stoploss 59, Target 56.5 and 54 - HDFC Sec

USDINR

* Dollar Index has broken out on the medium to long term charts. It has reached a level of 103 and sustaining around that.

* Rise in the dollar index would also have negative impact on rupee against the dollar. Therefore, USDINR pair is expected to remain firm.

* RSI has also exited the oversold zone, which indicates that the

The Euro currency is expected to trade - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.05 percent in the last week as traders digest the robust release of economic datasets from the nation which boosted the market sentiments. Real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of 2016 from 3.2 percent underlining the view that the American ec

JPYINR trading range for the day is 57.71-57.99 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.64-68.02.

* Rupee appreciated on likely dollar selling by foreign banks amid weakness in the greenback.

* The minutes of Reserve Bank of India's Dec policy hinted at a status quo stance at the next policy meet.

EURINR may trade higher - Angel Broking

NSE USDINR 

Today NSE USDINR Dec opened with gap down at 67.87 levels and touched the intraday low of 67.83 levels. Later on prices could not able to sustain on lower levels and bounced back and made a intraday high of 68.02 levels. Today prices have closed 0.06% higher at 67.98 levels. On the Technical charts Prices have formed Bullish candlestic

Sterling Pound is expected to trade lower today - Angel Broking

US DOLLAR INDEX (USD)

US Dollar Index traded higher by 0.07 percent in yesterday’s trading session as traders digest the robust release of economic datasets from the nation which boosted the market sentiments. Real gross domestic product increased at an annual rate of 3.5 percent in the third quarter of 2016 from 3.2 percent underlining the view