Pound advances on strong retail sales data - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.05 in yesterday’s trading session on the back of dollar demand from importers. Further, mixed Asian markets and weak macro economic data kept Rupee under pressure. However, sharp downside was prevented on the back of weakness in dollar after FOMC meeting minutes and continued FII inflows into local share

Euro is expected to trade higher - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

In spite of the robust release of unemployment claims data from the nation, the American currency traded lower by 0.6 yesterday. Reason behind this weakness could be attributed to the dovish stance in the recent FOMC meeting minutes’ release that prompted the traders to book profits.

Members of the FOMC committee w

Dollar Plunges after FOMC meeting minutes - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.17 on Tuesday trading session on the back of weakness in dollar. Further, continued FII inflows into local shares supported Rupee. FII’s net bought stocks worth Rs 1272.93 crores yesterday as per provisional data from NSE. Indian Rupee tracked gains in other Asian currencies. However, sharp gain was prev

USDINR trading range for the day is 66.72-67.1 - Kedia

USDINR

USDINR trading range for the day is 66.72-67.12.

Rupee gained on dollar selling by state-run and private banks after mixed US data.

RBI Governor Raghuram Rajan called for a new structure to oversee state-owned lenders, saying too many regulators had overlapping jurisdictions.

India's wholesale prices rose a

Rupee is likely to trade negative - Angel Broking

US DOLLAR INDEX (USD)

The American currency declined by 0.1 percent yesterday owing to cautiousness in the market prior to the FOMC meeting minutes release that prompted the traders to book profits.

In the meeting minutes, New York Fed President William Dudley spoke about the improving labour market thereby hinting that the US Federal Reserve

Sell NSE USDINR August between 67.30 – 67.40, Stoploss – 67.70, Target – 66.80 / 66.70 -Angel Broking

NSE USDINR

NSE USDINR Aug as seen in the weekly chart above has opened the week with gap up at 67.0375 levels and at the starting of the week prices have made a weekly high of 67.19 levels. Later on as expected prices could not able to sustain on higher levels and corrected sharply towards the weekly low of 66.8550 levels. This week prices have closed

GBPINR trading range for the day is 86.62-87.11 - Kedia

USDINR

USDINR trading range for the day is 66.87-67.09.

Rupee traded flat on likely dollar buying by nationalised and private bank amid overseas inflows into local equities.

Finance Minister Arun Jaitley says more money needed to fund pay rises

Soaring food prices in July probably kept India's headline inflation a

Rupee to weaken on disappointing macro economic data - Sharekhan

USD-INR:

The Indian Rupee depreciated marginally on Friday’s trading session as traders remained cautious ahead of macro economic data. Indian Rupee tracked weakness in other Asian currencies. Demand for dollar increased ahead of long weekend. Banks remained closed on Monday on account of Independence Day holiday. However, sharp fall was prevente

Dollar up after Fed official comment -Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.20 percent in yesterday’s trading session on the back of strong dollar. Further, traders remain cautious ahead of macro economic data. Indian Rupee tracked weakness in other Asian currencies. However, sharp fall was prevented on continued FII inflows into local shares. FII’s net bought stocks wort

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