Japanese yen is expected to trade negative - Angel Broking

US DOLLAR INDEX (USD)

The American currency surged by 0.2 percent yesterday owing to the robust release of economic data sets from the nation. Number of Americans filing applications for unemployment benefits fell in the last week. Moreover, year on year import prices are still clawing back from the negative.

Markets are still discounting the

USDINR trading range for the day is 66.89-67.11 - Kedia

USDINR

USDINR trading range for the day is 66.89-67.11.

Rupee snapped two-day gains on dollar buying by nationalised banks amid strength in the greenback after upbeat labour market.

RBI is trying to prevent volatility in rupee by regularly buying dollars when there are inflows from foreign investors, Raghuram Rajan said.

EURINR trading range for the day is 74.44-75.07 - Kedia

USDINR

USDINR trading range for the day is 66.78-67.03.

Rupee extended gains on dollar selling by foreign banks amid weakness in the greenback.

The release of disappointing data in the US hurt the greenback, lowering bets of a near-term rate hike by the Federal Reserve.

India's central bank is trying to prevent th

Yen gain strength on upbeat economic data - 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 weakness in dollar. FII’s net bought stocks worth Rs 412.56 crores yesterday as per provisional data from NSE. Further, Reserve Bank of India (RBI) kept its monetary policy unchanged. RBI in the po

Japanese yen is expected to trade - Angel Broking

US DOLLAR INDEX (USD)

After standing strong in the past 2-3 days, the American currency fell by 0.5 percent. This was mainly due to the recent strength in the currency that prompted the traders to book profits.

However, sharp losses were capped as markets discount the robust release of ADP and NFP employment data from the nation that came fa

Pound plunges on weak data - Sharekhan

USD-INR:

The Indian Rupee ended flat in yesterday’s trading session as Reserve Bank of India (RBI) kept its monetary policy unchanged. Rupee gained some strength after RBI in the policy statement said “The Reserve Bank will continue with both domestic liquidity operations and foreign exchange interventions that should also enable managemen

GBPINR trading range for the day is 86.85-87.5 - Kedia

USDINR

USDINR trading range for the day is 66.95-67.26.
Rupee remained in the range after Reserve Bank of India at the third bi-monthly policy maintained an accommodative stance
RBI keeps repo rate unchanged at 6.50 pct, reverse repo rate stays at 6 pct 
RBI said Indian banks borrowed 26.20B Rupees via marginal standing facili

Euro is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

After standing strong in the past 2-3 days, the American currency fell by 0.2 percent. This was mainly due to the recent strength in the currency that prompted the traders to book profits.

However, sharp losses were capped as markets discount the robust release of ADP and NFP employment data from the nation that came fa

GBPINR: Bears have an upper hand - Sharekhan

USDINR: Keep a close watch

USDINR had crossed the previous all-time high of Rs68.80 and made a new lifetime high of Rs68.89. However, it couldn’t sustain at higher levels and reacted sharply. The fall found support near a crucial swing low as well as near the lower end of a medium-term rising channel. It formed an accumulation triangle near thes

Rupee to remain under pressure ahead of RBI policy - Sharekhan

USD-INR:

The Indian Rupee depreciated marginally by 0.09 percent in yesterday’s trading session as investors remained careful ahead of Reserve Bank of India (RBI) bi-monthly policy. Further, strong Dollar after upbeat job data added downside pressure. Indian Rupee tracked weakness in other Asian currencies. However, sharp downside was prevented

Rupee is likely to trade sideways - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency surged by 0.2 percent as markets discount the robust release of ADP and NFP employment data from the nation that came far better than the expected levels in July’16. Amid uncertain global conditions, there has been a decent demand for workers which clearly indicates that the labour markets have finally

JPYINR trading range for the day is 65.04-66.35 - Kedia

USDINR

USDINR trading range for the day is 66.88-67.17.

Rupee snapped two-day gains post the release of robust Non-Farm Payroll data and ahead of Reserve Bank of India's policy due Aug 9.

India's implementation of CPI target to aid inflation fight - Moody's

RBI says banks' cash balances stood at 3.95T Rupee

Euro is expected to trade lower - Angel Broking Pvt Ltd

Euro

Weekly Price Performance

• Euro currency traded lower by 0.8 percent in the last week. Earlier this week, the disappointing release of economic datasets from the zone kept the shared currency under pressure.

• Manufacturing activity of Euro-zone has slowed down in July’16. Activi

Dollar advance after strong job data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.21 percent on Friday’s trading session as the market sentiments improved after Rajya Sabha passes Goods and Service tax (GST) bill. Further, weakness in dollar and Continued FII inflows into local shares supported rupee. Benchmark stock index 50 shares Nifty Index increased by 1.54 percent to 8683.15. F

GBPINR trading range for the day is 87.84-88.49 - Kedia

USDINR

USDINR trading range for the day is 66.87-67.21.

Rupee extends gains on likely dollar selling by foreign banks amid overseas inflows.

State-run banks net bought Rs 59.7 billion worth of gilts pushing their net bought position to Rs 145.4 billion so far in Aug. 

Outgoing Reserve Bank of India Governor Raghuram R

Sterling Pound is expected to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The American currency rose by 0.7 percent in the last week. Reason for this strength could be attributed to the robust release of ADP and NFP employment data from the nation that came far better than the expected levels in July’16. Amid uncertain global conditions, there has been a decent demand for workers which clearly ind

Sell NSE USDINR August between 67.20 – 67.30, Stoploss- 67.50, Target – 66.70 / 66.60 - Angel Broking

NSE USDINR

NSE USDINR Aug as seen in the weekly chart above has opened the week with gap down at 67.06 levels and in the mid of the week prices have rallied sharply and made a weekly high of 67.28 levels. Later on as expected price could not able to sustain on higher levels and corrected sharply towards weekly low of 66.9725 levels. This week prices ha

Pound plunges after BOE monetary easing - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.11 percent in yesterday’s trading session as the market sentiments improved after Rajya Sabha passes Goods and Service tax (GST) bill. Further, weakness in dollar and Continued FII inflows into local shares supported rupee. Benchmark stock index 50 shares Nifty Index increased by 0.07 percent to 8551.10.

JPYINR trading range for the day is 65.92-66.56 - Kedia

USDINR

USDINR trading range for the day is 66.98-67.34.

Rupee appreciated after the long-pending Goods and Service Tax bill was passed by the Rajya Sabha late Wednesday.

The Nikkei/Markit Services Purchasing Managers' Index climbed to 51.9 in July from the previous month's 50.3.

India should quickly put in place a

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency rose by 0.2 percent in yesterday’s trading session as the markets are still discounting the robust release of ADP employment data that came far better than the expected levels in July’16. Amid uncertain global conditions, there has been a decent demand for workers which clearly indicates that the

Rupee is likely to trade positive - Angel Broking

US DOLLAR INDEX (USD)

The American currency rose by 0.6 percent in yesterday’s trading session owing to the robust release of ADP employment data that came far better than the expected levels in July’16. Amid uncertain global conditions, there has been a decent demand for workers which clearly indicates that the labour markets have finally

Demand for safe haven to rise ahead of BOE policy meet and US job data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.38 percent in yesterday’s trading session as investors remained cautious ahead of parliament session to get clarity on passage of Goods and Services tax bill in the upper house. Further, strong dollar and rise in risk aversion in the domestic markets added downside pressure. Benchmark stock index 50 sha

USDINR trading range for the day is 66.86-67.48 - Kedia

NSE-CUR USDINR

USDINR trading range for the day is 66.86-67.48.

Rupee snapped six-day gains on overseas funds outflow from domestic equities amid dollar buying by foreign banks.

India's services industry expanded at its fastest pace in three months in July as new business surged, driven by the first price cutting since October.<

Euro is expected to trade sideways - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency plunged by 0.7 percent in yesterday’s trading session as Japan's stimulus measures did not meet expectations when its Cabinet on Tuesday adopted a US$273 billion stimulus package to help revive growth in that country's listless economy. The measures included infrastructure spending and efforts

USDINR: Bears taking over - Sharekhan

USDINR: Bears taking over

USDINR had recently crossed the all time high of Rs68.80 and even went on to make a new high of Rs68.89. However, it could not sustain at the higher level and fell sharply. The fall found support near a crucial swing low as well as near the lower end of a medium-term rising channel. It formed an accumulation triangle near the