Dollar near three week high after upbeat economic data - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.22 percent in yesterday’s trading session on the back of rise in risk appetite in the domestic market and continued FII inflows into local shares. Benchmark stock index 50 shares Nifty Index increased by 1.59 percent to 8744.35. FII’s net bought stocks worth Rs 390.63 crores yesterday as per provis

USDINR trading range for the day is 67.25-67.5 - Kedia

Currency Update

 USDINR

*  USDINR trading range for the day is 67.25-67.5.

*  Rupee gains on waning fears of Fed rate hike amid hopes that RBI may infuse permanent liquidity via OMO purchase at least by next week.

*   India is expected to clock a GDP growth of near

GBPINR: Faces hurdles - Sharekhan

USDINR:

Upside potential USDINR had faced resistance near the 78.6% retracement mark of the Feb-March fall. After that, it witnessed a short-term correction. On the way down, it broke certain key support levels, but the bulls managed to hold on to the crucial swing low of Rs66.44. The currency pair saw accumulation for a few sessions and then started t

Dollar advances on rate hike expectation - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.17 percent in yesterday’s trading session on the back of strong dollar after hawkish statement from Fed Chair Janet Yellen. She signaled possible rate hike in this year. Further, month end dollar demand from importers added downside pressure. However, sharp fall was prevented on rise in risk appetite in

JPYINR trading range for the day is 65.62-66.55 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 67.36-67.59.

*   Rupee extended losses after Federal Reserve Chair Janet Yellen left the door open for interest rate hikes in 2016.

*   Fed’s Yellen appeared to open the door to raise interest rate

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

US DOLLAR INDEX (USD)

The American currency traded on a flat note yesterday. Reason for this sideways movement in the currency could be attributed to the disappointing release of personal spending data from the nation and the hawkish comment by Fed Chairwoman in her recent speech. both these factors, which are contrary in nature, played with the dollar

Sell NSE USDINR September between 67.50 – 67.60, SL – 67.90, Target – 66.90 / 66.60 - Angel

NSE USDINR

NSE USDINR Sept as seen in the weekly chart above has opened the week with gap up at 67.5950 levels and on the same day it made a weekly high of 67.6450 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply towards the weekly low of 67.3075 levels. This week prices have closed above the previous

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

JPYINR trading range for the day is 66.9-67.13 - Kedia

Currency Update

USDINR

*  USDINR trading range for the day is 67.27-67.45.

*   Rupee fluctuated as investors await for comments from Federal Reserve Chair Janet Yellen.

*  RBI said Indian banks borrowed 8.30B Rupees via marginal standing facility on Aug 23

* &

GBPINR trading range for the day is 88.21-88.93 - Kedia

USDINR

USDINR trading range for the day is 66.96-67.18.

Rupee appreciated on dollar selling by foreign banks amid likely corporate inflows.

Foreign banks were offloading the dollar during afternoon trades lending support to the local currency.

RBI said government surplus cash balance with RBI for auction was 77.15B ru

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