JPYINR trading range for the day is 61.21-61.83 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.95-68.4.

* Rupee traded near nine-month low on likely selling by foreign institutional investors in local shares.

* RBI banks have received 5.45 trillion rupees ($79.96 billion) of 500 and 1000 rupee notes from Nov. 10-18

Euro currency is expected to trade lower - Angel Broking

Euro

* Euro traded lower by more than 2 percent in the last week as the upcoming Italy Referendum (4th Dec’2016) has infused jitters in the European markets. The Prime Minister of Italy wants Italy to leave the EU and has decided to give up his seat if the ‘Remain’ party wins. Euro-zone is in a state of despair as it cannot afford ano

Buy NSE USDINR November between 67.90 – 68.00, Stoploss – 67.50, Target – 68.70 / 68.80 - Angel Broking

NSE USDINR

NSE USDINR Nov as seen in the weekly chart above has opened the week with gap up at 67.7675 levels and on the same day it made a weekly low of 67.54 levels. Later on as expected prices could not able to sustain on lower levels and rallied sharply and made a weekly high of 68.25 levels. This week prices have closed above the previous week&rsq

Euro down after ECB president Draghi speech - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.45 percent on Friday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Dollar gained strength on expectation of rate hike by US Federal Reserve in December after upbeat economic data and hawkish statement from Fed Chair Yellen. Rise in risk aversion in the

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

In the last week, the American currency surprised the markets by hitting one-year high levels at 101.54 following President-elect Donald Trump's victory on 9th November’16. In his post-winning speech, Donald Trump promised to increase government spending, cut taxes and ease financial regulations. This has infused optimis

EURINR trading range for the day is 72.03-72.7 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.97-68.35.

* Rupee posts its biggest single-day fall in nearly two-month after Fed’s Yellen hinted at a rate increase at the policy meeting in December.

* RBI allowed foreign investors to buy securitised debt, which refe

Dollar advances after upbeat data and Fed Chair Yellen statements - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.14 percent in yesterday’s trading session as inflation eased to 4.2 percent in October from 4.39 percent in September but remained under pressure on the back of strong dollar and FII outflows from local shares and debt market. Rise in risk aversion in the domestic markets weighed on Rupee. Further, India

EURINR is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by 0.51 percent in yesterday’s trading session. Reason behind the strength could be attributed to the hawkish statement made by the US Federal reserve Chairwoman, Janet Yellen. She stated that America would get a rate hike pretty soon which boosted the demand for DX. She believes that del

GBPINR trading range for the day is 84.16-85.16 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.74-68.1.

* Rupee snapped four straight days of losses on dollar selling by foreign banks and supported by ample liquidity in the banking system.

*Dollar selling by foreign and private banks on behalf of exporters gave respite

Dollar made 14 year high on rate hike expectation - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.35 percent in yesterday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Rise in risk aversion in the global markets added downside pressure. Further, India trade deficit widen to $10.16 billion in October compared to $9.69 billion a year ago due to high

Sterling Pound is expected to trade lower - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by 0.19 percent yesterday as post election rally continues. Markets are still discounting the statement given by America’s future president i.e. Donald Trump where he has promised to increase government spending, cut taxes and ease financial regulations. This has infused optimism in the ma

GBPINR trading range for the day is 84.07-85.1 - Kedia

Currency Update

USDINR

# USDINR trading range for the day is 67.5-68.34.

# Rupee depreciated for the fourth straight day tracking sharp rise in the greenback on renewed bets of a Federal Reserve rate hike in December.

# India's trade deficit in October widened to $10.16 billion compare

EURINR: Bears have the upper hand - Sharekhan

USDINR: Monitor closely  

USDINR had faced resistance near 78.6% retracement of the Feb-March fall. After that, it entered a correction mode. On the way down, the currency pair broke the lower end of a medium-term rising channel. Over the last few sessions, USDINR had been in a consolidation phase, which broke out on the upside recently. However,

USDINR is likely to trade sideways to positive - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by 0.13 percent yesterday as post election rally continues. Markets are still discounting the statement given by America’s future president i.e. Donald Trump where he has promised to increase government spending, cut taxes and ease financial regulations. This has infused optimism in the m

JPYINR trading range for the day is 62.18-63.19 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.76-68.45.

* Rupee depreciated for the third straight day on overseas outflows from local shares on renewed bets of a Federal Reserve rate hike in December.

* India's Oct WPI eased to four-month low of 3.39% as against 3.5

Dollar trade near 11 month high - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.94 percent on Friday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Rise in risk aversion in the global markets added downside pressure. Further, traders remained cautious ahead of macroeconomic data’s. Rupee tracked weakness in other Asian curren

Sterling Pound is expected to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The American currency traded higher by more than 1 percent yesterday as post election rally continues. The encouraging postwinning speech by America’s future president i.e. Donald Trump has infused expectations that his mix of policies could spur a stillfragile global economic recovery.

The 45th President of Unite

USDINR trading range for the day is 66.96-67.62 - Kedia

USDINR

* USDINR trading range for the day is 66.96-67.62.

 *Rupee posted its biggest single-day fall in over four-months tracking overseas outflows from local shares. 

* Adding to this, demand for the greenback by nationalised banks on behalf of oil importers strained the local currency.

* Indian services activi

Rupee tumbles on capital outflows - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.29 percent in yesterday’s trading session on the back of strong dollar and FII outflows from local shares and debt market. Further, traders remained cautious ahead of macroeconomic data’s. FII’s net sold stocks worth Rs 733.49 crores yesterday as per provisional data from NSE. However, sharp

EURINR is expected to trade lower - Angel Broking Pvt Ltd

US DOLLAR INDEX (USD)

The American currency traded higher by 0.25 percent yesterday as the encouraging post win speech by America’s future president i.e. Donald Trump has infused expectations that his mix of policies could spur a still-fragile global economic recovery. The markets think he is likely to protect the U.S. domestic economy, especiall

EURINR trading range for the day is 72.15-73.8 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.34-66.98.

* Rupee snapped two-day gains on dollar buying by oil importers amid appreciation in the greenback. 

* Weakness also seen on expectations of further easing of India's retail inflation that could give room fo

Dollar advances as bond yields spike - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.28 percent in yesterday’s trading session as the local markets recovered from its low. Domestic market recovered as global markets got stabilize after victory of Donald Trump in US presidential elections. Further, government move to withdraw Rs 500 and Rs 1000 notes as legal tender supported rupee. Howev

USDINR is likely to trade sideways - Angel Broking

US DOLLAR INDEX (USD)

The American currency, after the shocking victory of Republican candidate Donald Trump, plunged lower. However, in the later part of the trading day it bounced back and ended higher by 0.68 percent yesterday. International markets viewed Trump’s victory as negative for global markets as his policies were source of uncertaint

GBPINR trading range for the day is 81.31-84.88 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 66.19-67.28.

* Rupee appreciated to five-week high as local equities recovered from sharp losses amid dollar selling by foreign, private and nationalised banks.

* Prime Minister Modi's withdrawal of higher value banknotes wou

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

US DOLLAR INDEX (USD)

After a week long investigation into Hillary Clinton email debacle, FBI Director James Coney on 6th Nov’2016 released an official statement saying that Hillary Clinton had been cleared of criminal charges for using her private email server. This removed clouds of suspicion around her campaign and potential Presidency which l