Euro is expected to trade sideways - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded higher by 0.2 percent yesterday and closed at 97.26 levels owing to the robust release of building permits and house starts data from the nation. Construction of newly made home rose more than the forecasted levels in Jun’16, thereby indicating the fact that residential real estate has finally ga

Dollar advances on divergence in global monetary policies - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.13 percent in yesterday’s trading session on the back of strong Dollar. Dollar is gaining strength against major currencies on divergence in monetary policies. Further, Indian Rupee tracked weakness in other Asian currencies. However, sharp downside was prevented on rise in risk appetite in the domestic

GBPINR trading range for the day is 88.11-89.2 - Kedia Commodity

NSE-CUR USDINR

Rupee traded little changed on dollar selling by foreign banks amid buying by nationalised banks. India will inject 229.15 billion rupees ($3.41 billion) in 13 state-run banks to help shore up the cash-strapped lenders and revive loan growth that has hit a two-decade low. The capital infusion is part of New Delhi's plans to invest 70

Japanese yen is expected to trade negative - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded higher by 0.5 percent yesterday and closed at 97.11 levels owing to the robust release of building permits and house starts data from the nation. Construction of newly made home rose more than the forecasted levels in Jun’16, thereby indicating the fact that residential real estate has finally g

USDINR: Near support zone - Sharekhan

USDINR: Near support zone

USDINR had crossed the all-time high of Rs68.80 and had made a new high of Rs68.89. However, it couldn’t sustain at higher levels and retreated 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 those support lev

JPYINR trading range for the day is 63.28-64.07 - Kedia Commodity

NSE-CUR USDINR

Rupee depreciated for the second straight day on likely overseas funds outflow from local shares amid dollar buying by importers. Outflows from equities and dollar buying by oil and defence importers caused the rupee to erase its gains during earlier trades. Foreign and private banks including Deutsche Bank and Axis bank were seen sellin

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

US DOLLAR INDEX (USD)

The American currency traded on a flat note yesterday and closed at 96.59 levels as lack of important economic datasets and events from the nation kept the trading volumes light. Moreover, in spite of the robust release of economic datasets from the nation like unemployment claims, producer price data, retail sales and industrial

Sell NSE USDINR July For Target – 66.80 / 66.70 - Angel Broking Pvt Ltd

NSE USDINR July (CMP – 67.15)

NSE USDINR July as seen in the weekly chart above has opened the week with gap down at 67.25 levels and on the same day it made a high of 67.37 levels. As expected during this week prices have corrected sharply and made a weekly low of 66.94 levels. On the last trading session of the week prices have bounced back fro

USDINR trading range for the day is 66.83-67.3 - Kedia Commodity Ltd

NSE-CUR USDINR

Rupee appreciated to one-month high on dollar selling by foreign banks amid inflows into local debt and equities. Foreign banks including Bank of America, HSBC Bank and Standard Chartered Bank were selling dollars. Further, dollar weakened after US Fed Beige Book signalled that the Federal Reserve may delay the timing of an interest rate

Euro is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

In spite of the robust release of unemployment claims and producer price data from the nation, the American currency traded lower by 0.1 percent in yesterday’s trading session. This was mainly due to the recent surge seen in the currency that has prompted the traders to book profits.

As per the latest figures, impo

Sterling up after BOE kept monetary policy unchanged - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.22 percent in yesterday’s trading session on the back of weakness in Dollar and as risk appetite returned in market on expectation of monetary easing by major central banks across the globe. Benchmark stock index 50 shares Nifty Index increased by 0.53 percent to 8565. FII’s net bought stocks wort

Rupee is likely to trade sideways - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded lower by 0.3 percent in yesterday’s trading session owing to disappointing import price data from the nation which saw a decline more than the expected levels. This was due to the rising costs for petroleum products which were offset by declining consumer and capital goods prices, indicating slu

Pound under pressure on possible BOE rate cut - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.20 percent in yesterday’s trading session on the back of weakness in Dollar and as risk appetite returned in market on expectation of monetary easing by major central banks across the globe. Benchmark stock index 50 shares Nifty Index fell marginally by 0.02 percent to 8519.5. FII’s net bought sto

Euro is expected to trade lower - Angel Broking Pvt Ltd

Euro

Weekly Price Performance

• The Euro currency traded lower by 0.9 percent in the last week as markets discounted the meeting minutes of ECB where it showed that Britain's vote to leave the European Union could have devastating effects on the euro-zone thereby dampening the growth outlook.

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

US DOLLAR INDEX (USD)

The American currency traded lower by 0.1 percent in yesterday’s trading session as lack of important events and data from the nation kept the trading volumes light. This prompted the traders to focus on other issues like expectations of more stimuli from central banks of other countries like Japan.

A formal visit

Demand for safe Haven declined as risk appetite returned - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.07 percent in yesterday’s trading session as investors remained cautious ahead of macro economic data. Further, strong dollar and concern over FII outflows added downside pressure. However, sharp fall was prevented on rise in risk appetite in the global markets. Further, expectation of rate hike by US F

Yen fall on hopes of more monetary easing - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.36 percent in yesterday’s trading session on rise in risk appetite in the domestic markets. Further, expectation of rate hike by US Federal Reserve remained weak despite of upbeat job data. In recent FOMC meeting minutes most of the members consider wise to wait before increasing rates because of global

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency rose by 0.6 percent in yesterday’s trading session on account of robust release of economic data sets from the nation which has infused some hopes in the markets with respect to the strength of the economy.

ADP Non-Farm Employment for the month of Jun’16 increased to 172K from 168K, Non-

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated marginally by 0.04 percent on Friday’s trading session but remained under downside pressure on rise in risk aversion in the domestic markets and strength in dollar. Market participants remained cautious ahead of US Non-Farm payrolls data and macroeconomic data. Most of the Asian currencies remained lower. Be

Sell NSE USDINR July between 67.70 – 67.80, StopLoss - 68.10, Target – 67.10 / 67.00 - Angel Broking Pvt Ltd

NSE USDINR

NSE USDINR July as seen in the weekly chart above has opened the week with gap down at 67.49 levels and at starting of a week it made a weekly low of 67.40 levels. During this week prices have rallied sharply and touched the weekly high of 67.74 levels. Later on as expected prices could not able to sustain on high levels and corrected toward

Euro is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency rose by 0.3 percent in yesterday’s trading session on account of robust release of economic data sets from the nation which has infused some hopes in the markets with respect to the strength of the economy. ADP Non-Farm Employment for the month of Jun’16 increased to 172K from 168K and jobless cl

We expect (YENINR) to trade higher today - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

Indian markets were closed yesterday on the eve of EID

Dollar index declined marginally by 0.1 percent on Wednesday as the minutes of the US Federal Reserve said that Brexit issue will be the key going ahead for any further clues on rate hike.

In the minutes of the June meeting, many Fed policymakers who parti

USDINR: Scope for extension of rally - Sharekhan

USDINR: Scope for extension of rally

USDINR had crossed the all-time high of Rs68.80 and made a new high of Rs68.89. However, it could not sustain at the higher level and retreated 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 those support

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

US DOLLAR INDEX (USD)

US markets were closed yesterday on the eve of Independence Day holiday.

Last week’s trading session for the American currency was pretty volatile owing to mixed events. It rose by 0.1 percent in the last week. Economic data releases such as the GDP, consumer and manufacturing data from the nation came on a good n