GBPINR trading range for the day is 83.58-84.45 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 68.07-68.39.

* Rupee depreciated for the second straight after Federal Reserve Chair Janet Yellen signalled towards a faster pace of interest rate hikes in 2017.

* Fed Chair Yellen said in a speech that the Fed is nearing its goals for inflatio

Dollar surged on Yellen comments on interest rate - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.17 percent in yesterday’s trading session on the back of strong dollar. Further, traders remained cautious ahead of US Federal Reserve Chair Yellen speech and US president elect Donald Trump’s inauguration. However, sharp downside was prevented on rise in risk appetite in the domestic markets and

EURINR trading range for the day is 72.54-73.02 - Kedia

USDINR

USDINR trading range for the day is 67.88-68.29.

Rupee snapped two-day gain on dollar buying by oil importers amid strength in the greenback before US president-elect Donald Trump's oath-taking ceremony.

Indian banks aim to boost credit growth with sharp rate cuts

India's trade deficit narrowed to $10.37 bil

Sterling Pound will trade lower - Angel Broking

Indian rupee

USDINR traded lower by 0.5 percent in yesterday's trading session owing to sharp rise in the American currency after the hawkish stance by US Fed Chair Janet Yellen. She said that keeping the interest rates at the same levels for too long could "risk a nasty surprise down the road," and that it "makes sense" for th

Pound advance after UK Prime Minister Theresa May speech - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.20 percent in yesterday’s trading session on the back of weakness in dollar and upbeat macroeconomic data. Indian Rupee tracked strength in other Asian currencies. However, sharp gain was prevented on continued FII outflows from local shares and rise in risk aversion in domestic market. Benchmark stock

GBPINR trading range for the day is 82.08-83.31 - Kedia

USDINR

USDINR trading range for the day is 67.89-68.31.

Rupee appreciated for the second straight day on dollar selling by foreign banks amid weakness in the dollar index.

India's retail inflation hit a two-year low in December as businesses resorted to price discounting to boost flagging sales.

India's trade defic

JPYINR: Watch it closely - Sharekhan

USDINR: Enters a correction mode

During September & October, USDINR was in a consolidation phase, which broke out on the upside. In November, the currency pair rallied towards the highs of Rs68.89. But, the bears have restricted further upside. Consequently, it has entered a correction mode. The fall has been subdivided into lower degree waves. US

JPYINR trading range for the day is 59.49-60.17 - Kedia

USDINR

* USDINR trading range for the day is 68.07-68.46.

* Rupee traded little-changed tracking appreciation in the greenback amid selling by nationalised banks.

* India's trade deficit narrowed to $10.37 billion in December from provisional $13 billion a month ago, government data showed.

* India's wholesale pric

Yen advances on safe haven demand - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.08 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic market. Benchmark stock index 50 shares Nifty Index increased by 0.15 percent to 8412.8. Further, upbeat macroeconomic data supported Rupee. However, sharp gain was prevented on continue

EURINR is expected to trade lower - Angel Broking

Indian rupee

The Indian rupee appreciated marginally in yesterday's trading session. Reason behind this strength could be attributed to the encouraging macro economic data release from the nation that boosted the market sentiments. India's inflation rate plunged to 3.41 percent in December 16 from previous month's 3.63 percent. India's

Sterling Pound is expected to trade lower towards - Angel Broking

Rupee

The Indian Rupee depreciated by 0.1 percent in the last week owing to the following factors:

* Increased demand for US Dollar from importers and banks.

* Weak trend in Asian market equities owing to Brexit fears.

* However, sharp losses were capped owing to US Dollar weakness.

* Disappointing speech by Dona

USDINR trading range for the day is 68.17-68.43 - Kedia

USDINR

USDINR trading range for the day is 68.17-68.43.

Rupee depreciated on dollar buying by nationalised banks amid strong dollar post upbeat US economic data.

India's retail inflation hit a two-year low in December as businesses resorted to price discounting to boost flagging sales.

Consumer prices rose by an annua

EURINR is expected to trade lower - Angel Broking

Indian rupee

The  Indian  Rupee  de preciated  by  0.1  percent  in  the  last  week owing to  we akness in the Asian market equities which governed the  trend  of  the  Indian  Rupee.  However,  sharp  losses  were  capped  as  the  

Buy NSE USDINR Jan between 68.10 – 68.00, SL – 67.70, Target – 68.50 / 68.60 - Angel

NSE USDINR Jan (CMP – 68.09)

NSE USDINR Jan as seen in the weekly chart above has opened the week with gap up at 68.25 levels and starting of the week it made a weekly high of 68.5075 levels. Later on as prices could not able to sustain on higher levels and corrected sharply and made a weekly low of 68.0625 levels. At the last trading session of

Buy on lower level is decent strategy for upcoming months in USDINR - Angel Broking

USDINR

USDINR is very strong on technical charts. It is continuously sustaining above the important support level of 66. In past couple of months we have seen many attempts of breaking the support level of 66 on USDINR. But smart recovery was so encouraging, leading to a positive RSI combination from this level on chart .In addition to oscillator front

Pound slips on Hard Brexit worries - Sharekhan

USD-INR:

The Indian Rupee appreciated by 0.34 percent in yesterday’s trading session on the back of weakness in dollar and rise in risk appetite in the domestic market. Benchmark stock index 50 shares Nifty Index increased by 0.32 percent to 8407.20. Dollar gave up its strength as market was disappointed because Donald Trumph failed to give any d

GBPINR is expected to trade lower - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.18 percent in yesterday’s trading session owing weak DX in the overseas market after the conference of US President elect Donald Trump. Trump mentioned nothing about tax cuts and infrastructure spending which were the two factors that had fueled the five-week rally in stocks and a selloff in global b

EURINR trading range for the day is 72.19-72.82 - Kedia

Currency Update

USDINR

* USDINR trading range for the day is 67.97-68.39.

* Rupee appreciated on dollar selling by multinational banks and on hopes that India's retail inflation will ease below RBI's expectation.

* The expectation lies marginally within the top end of the band of

Dollar retreat from its high after Trump conference - Sharekhan

USD-INR:

The Indian Rupee depreciated by 0.22 percent in yesterday’s trading session on the back of strong dollar and as traders remained cautious ahead of macroeconomic data and US President elect Donald Trump’s first news conference. Continued FII outflows from local shares kept Rupee under pressure. FII’s net sold stocks worth Rs

USDINR is expected to trade positive in today’s trading session - Angel Broking

Indian rupee

The Indian Rupee appreciated by 0.08 percent in yesterday’s trading session owing weak DX in the overseas market after the conference of US President elect Donald Trump. Trump mentioned nothing about tax cuts and infrastructure spending which were the two factors that had fueled the five-week rally in stocks and a selloff in global

JPYINR trading range for the day is 58.73-59.2 - Kedia Commodity Ltd

Currency Update

USDINR

* USDINR trading range for the day is 68.23-68.62.

* Rupee depreciated on dollar buying by nationalised, private and oil importers.

* Reserve Bank of India Governor Urjit Patel urged the government to make progress in reducing high federal and state government borro

Euro is likely to trade lower in todays - Angel Broking

Indian rupee

The Indian Rupee depreciated by 0.3 percent in yesterday’s trading session owing to volatile US Dollar Index in the overseas markets. Markets indulge in speculation ahead of US President-elect Donald Trump's first news conference set for 11-1-16 i.e. today. This prompted the traders to avoid taking large positions which kept the

USDINR trading range for the day is 68.06-68.48 - Kedia

Currency Update

USDINR

# USDINR trading range for the day is 68.06-68.48.

# Rupee appreciated tracking weakness in the greenback amid corporate inflows.

# India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank amid a se

JPYINR: Keep a close eye - Sharekhan

USDINR: Downside potential

During September-October, USDINR was in a consolidation phase, which broke out on the upside. In November, the currency pair rallied towards the high of Rs68.89. Near the highs, the bears intervened to restrict further upside. Consequently, it has entered into a correction mode. USDINR has retraced nearly 61.8% of the previo