Forex Recommendations Blog Posts

USDINR Is Expected To Depreciate

Indian rupee The Indian Rupee depreciated by 0.16 percent yesterday as upbeat economic manufacturing data release from the US pushed the DX higher in turn keeping the Indian Rupee pressurized. Moreover, persistent buying of US Dollar by importer...

BUY EURINR JAN ABOVE 71.43 TGT - Ways2Capital

NSE CDS - BUY EURINR JAN ABOVE 71.43 TGT 71.53, 71.64, 71.76 SL 71.33For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...
by Commodity Face on Jan 4, 2017

BUY GBPINR JAN ABOVE 83.82 TGT - Ways2Capital

NSE CDS - BUY GBPINR JAN ABOVE 83.82 TGT 83.93, 84.05, 84.17 SL 83.72For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...
by Commodity Face on Jan 4, 2017

USDINR

USDINR trading range for the day is 68.06-68.51. Rupee appreciated on dollar selling by Union Bank of India and some foreign banks mostly on behalf of exporters. India's services industry ended 2016 on a sour note, contracting for a second month in a...

Rupee Likely To Recover Today

Dollar strength has paused as market reassess the number of likely Fed rate hikes in 2017. FOMC minutes indicate that future monetary policy stance will be a function of fiscal policy stance of Trump Government. Rupee is likely to recover today in li...

Rupee Opens At 67.90 Per Dollar; Rises 15 Paise

The Indian rupee gained in the early trade on Thursday. It has opened higher by 15 paise at 67.90 per dollar versus 68.05 Wednesday. Mohan Shenoi of Kotak Mahindra Bank said, "Dollar strength has paused as market reassess the number of likely Fed rat...

Pound Depreciated

Pound depreciated by 0.49 percent yesterday amid thin trade as many key markets were closed for New Year holiday. Divergence in monetary policy and concern over Britain negotiations over exit from EU added downside pressure. In intraday Pound touched...

BUY GBPINR JAN ABOVE 83.98 TGT - Ways2Capital

NSE CDS - BUY GBPINR JAN ABOVE 83.98 TGT 84.09, 84.20, 84.32 SL 83.88For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livlecal...
by Commodity Face on Jan 3, 2017

Rupee Depreciates On Continued FII Outflows

The Indian Rupee depreciated by 0.44 percent in yesterday’s trading session on the back of rise in risk aversion in the domestic markets and continued FII outflows from local shares. Further, demand for greenback from Importers increased. Benchmark...

Buy EURINR: Target Of 72.20 - 72.68

On Monday, EURINR January contract pair opened on a flat note at 71.77 and thereafter it remained subdued and traded within a narrow range of 71.57 - 71.86 and finally ended at 71.74 forming Doji candlestick formation. The pair is witnessing str...

USDINR Is Expected To Depreciate

Indian rupee The Indian Rupee depreciated by 0.28 percent yesterday owing to thin trading in the Asian market equities with all of Asia's major markets closed for the New Year holiday. Moreover, persistent buying of US Dollar by importers/banks amid...

Japanese Yen Depreciated

Japanese Yen depreciated by 0.54 percent yesterday amid thin trade as many key markets were closed for New Year holiday. In intraday Yen touched a low of 117.67 and closed at 117.51 against Dollar. Yen is expected to trade with negative bias on...

JPYINR

JPYINR trading range for the day is 57.69-58.54. JPY dropped as dollar remained supported as expectations for higher U.S. interest rates underpinned demand. BoJ Minutes: 1 member said Japan at 'critical juncture' to achieve price target, Japan grow...

GBPINR

GBPINR trading range for the day is 83.57-84.56. GBP recovered from lows after robust UK factory data after prices dropped earlier bolstered by expectations for higher U.S. interest rates. The U.K. manufacturing sector expanded at the fastest pace i...

EURINR

EURINR trading range for the day is 70.93-71.84. Euro dropped as the U.S. dollar held quietly firm as the prospect of rising U.S. interest rates this year kept sentiment bullish. Germany's unemployment rate remained stable in November, provisional da...

Rupee Opens Higher At 68.29 Per Dollar

The Indian rupee opened marginally higher at 68.29 per dollar on Wednesday versus previous close 68.33. NS Venkatesh of Lakshmi Vilas Bank said, "The rupee is likely to take cues from the equity market movement and is expected to trade in the range o...

The Indian Rupee Depreciated

The Indian Rupee depreciated by 0.1 percent in the last week as investors indulged in profit booking owing to persisting worries about the impact from the ban on higher value banknotes on the economy and corporate profits. Moreover, persistent buying...

Buy EURINR; Target Of 71.86

EURO trading at 1.0524 after US dollar trading subdued in the last trading day of the year while Euro spiked and touched 1.06 in a thin volume trade and reversed ,Today expects a low volume high volatile trading as U.K and Germany markets would clos...

USDINR Is Expected To Appreciate

The Indian Rupee depreciated by 0.1 percent in the last week as investors indulged in profit booking owing to persisting worries about the impact from the ban on higher value banknotes on the economy and corporate profits. Moreover, persistent buying...

Japanese Yen

Japanese Yen appreciated by 0.38 percent in the last week as markets indulge in year-end profit booking. In today’s trading session, Japanese Yen is expected to appreciate owing to weakness in the DX.For Quick Trial – 89620002...
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