Forex Recommendations Blog Posts

Japanese Yen Appreciated

Japanese Yen appreciated by 0.78 percent yesterday owing to positive hints by Governor Kuroda on behalf of BOJ that progress is being made to end deflation. Moreover, the upcoming news conference by President-elect Donald Trump where he will give his...

Sterling Pound Traded Lower

Sterling pound traded lower by 0.99 percent yesterday after the UK PM Theresa May said that the plan for Brexit will be set out in the coming weeks. She also hinted that to curb immigration problem is ready to leave Europe’s single market.News that...

Euro Currency Traded Higher

Euro currency, in the international market traded higher by 0.40 percent yesterday as markets discount the recent robust release of economic datasets from the Euro-area which boosted the demand for the share currency. Euro-zone’s inflation rat...

Rupee Opens At 68.08 Per Dollar; Gains 13 Paise

The Indian rupee has opened higher by 13 paise at 68.08 per dollar on Tuesday against previous close 68.21. Bhaskar Panda of HDFC Bank says Dollar Index has been taking a beating after recent highs. Given this background, the USD-INR pair is expected...

Japanese Yen Depreciated

Japanese Yen depreciated by 0.03 percent in the last week in spite of positive hints by Governor Kuroda on behalf of BOJ that progress is being made to end deflation. Reason behind the same could be attributed to mood-based risk appetite of investors...

Sterling Pound Traded Lower

Sterling pound traded lower by 0.46 percent in the last week despite the robust release of construction, manufacturing, service and net lending to individuals data from the nation. Reason behind this weak trend in Pound could be blamed to the growing...

Euro Market Traded Higher

Euro currency, in the international market traded higher by 0.16 percent in the last week as markets discount the recent robust release of economic datasets from the Euro-area which boosted the demand for the share currency.Euro-zone’s inflation ra...

Rupee Opens At 68.17 Per Dollar; Slips 21 Paise

The Indian rupee declined in the early trade on Monday. It has opened lower by 21 paise at 68.17 per dollar versus 67.96 Friday. Pramit Brahmbhatt of Veracity, "The rupee will continue to trade sideways but with a positive bias as optimism in equity...

Sterling Pound Traded Higher

Sterling pound traded higher by 0.77 percent yesterday owing to the robust release of construction, manufacturing, service and net lending to individuals data from the nation that came better than the expected levels thereby defying the slow growth p...

USDINR Is Likely to Depreciated In Today

US dollar depreciated and traded lower against all the majors and experienced its greatest one day loss in three months versus Yen after disappointment in ADP Non Farm, investors and traders are waiting for Non farm payroll data schedule to report in...

The Indian Rupee Appreciated

The Indian Rupee appreciated by 0.21 percent yesterday as disappointing release of ADP Non-Farm Employment Change data from the US pushed the American currency lower which in turn worked in favor of the Indian Rupee. Moreover, minutes from the F...

Japanese Yen Appreciated

Japanese Yen appreciated by more than 1 percent yesterday as the investors are now skeptical that whether not Trump’s policies would be beneficial to the global economy which prompted them to play safe and move towards safe-haven Yen. The rece...

Euro Currency Traded Higher

Euro currency traded higher by more than 1 percent yesterday as markets discount the recent robust release of economic datasets from the Euro-area which boosted the demand for the share currency. Euro-zone’s inflation rate has surged to its hi...

Dollar Edges Back Towards 14-Year Peak As US Debt Yields Rise

The dollar moved back towards a 14-year peak on Wednesday as U.S. debt yields resumed climbing, giving a lift against the safe-haven yen amid strong investor appetite for riskier assets. The dollar index against a basket of major currencies was up 0.

JPYINR

JPYINR trading range for the day is 57.84-58.43. JPY remained as the dollar eased as investors took profits following a rally which propelled the greenback to fresh 14-year highs. Prime Minister Shinzo Abe said the recovery of the Japanese econo...

EURINR

EURINR trading range for the day is 71.09-71.57. Euro dropped as dollar seen supported as U.S. debt yields resumed climbing, amid strong investor appetite for riskier assets. The Spanish service sector expanded strongly at the end of 2016, survey res...

BUY GBPINR JAN ABOVE 83.96 TGT - Ways2Capital

NSE CDS - BUY GBPINR JAN ABOVE 83.96 TGT 84.07, 84.18, 84.30 SL 83.86For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...
by Commodity Face on Jan 5, 2017

Rupee Gains Further, Opens 11 Paise Higher At 67.85/$

The Indian rupee has strengthened further in early trade Friday. It has opened at 67.85 a dollar, up 11 paise compared with 67.96 a dollar in previous session. Bhaskar Panda of HDFC Bank says economic data released in the US was better than expected...

USDINR Trading Range For The Day Is 68.09-68.71

USDINR trading range for the day is 68.09-68.71. Rupee depreciated on dollar buying by oil importers, and tracking strength in the greenback. The Indian government will present on February 1 its budget for the 2017/18 financial year starting on April...

Sell EURINR; Target Of 71.05

EURO trading at 1.0404 Eurozone Manufacturing PMI data came for the month of December stand at 54.9 which has met the estimates. We do not have any major news from the Eurozone for today and we have the ISM Manufacturing PMI data from the US which wa...
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