Recommendations Blog Posts

Rupee Expects To Appreciate

The US Dollar Index weakened by 0.5 percent yesterday as lack of important economic data releases from the nation prompted the markets to focus on Friday’s employment data which came on a mixed note. This showed that there has been some loss of mom...

Euro May Trade Positive

Euro rose by 0.9 percent yesterday as renewed bout of selling interest seen around the European markets dented the sentiment and lifted the shared currency upwards. Weakness in the stock prices can also be attributed to traders who have huge exposure...

Sterling Pound May Trade Sideways

Sterling Pound traded lower by 0.48 percent yesterday after last week's dovish inflation report from the Bank of England. BoE policymakers trimmed UK’s growth forecast from 2.5 percent to 2.2 percent. The ongoing debate in the House of Commons over...

Japanese Yen Expects To Appreciate

The Japanese Yen appreciated by 0.90 percent yesterday owing to slump in oil prices along with the dovish comment by the US Federal Reserve policymaker which led to slump in the American currency. This led to a global rout thereby prompting the...

Rupee Down 20 Paise; Opens At 68.14 Per Dollar

The Indian rupee opened lower by 20 paise at 68.14 per dollar on Tuesday versus previous closing of 67.94. Ashutosh Raina of HDFC Bank said, "Global risk sell-off resulted in stocks getting dumped for safe haven bonds, yen and gold. Markets will be k...

Rupee May Depreciate

The US Dollar Index weakened by 1.5 percent yesterday as lack of important economic data releases from the nation prompted the markets to focus on Friday’s employment data which came on a mixed note. This showed that there has been some loss of mom...

Euro Likley To Trade Sideways

Euro rose by 0.3 percent yesterday owing to the weakness seen in the US Dollar Index after the mixed release of employment data from the US along with a dovish stance by a US Fed member acted as a positive factor for the shared currency. Moreover, re...

Sterling Pound May Trade Sideways

Sterling Pound traded lower by 0.48 percent yesterday after last week's dovish inflation report from the Bank of England. BoE policymakers trimmed UK’s growth forecast from 2.5 percent to 2.2 percent. The ongoing debate in the House of Commons over...

Japanese Yen Expects To Appreciate

The Japanese Yen appreciated by 0.90 percent yesterday owing to slump in oil prices along with the dovish comment by the US Federal Reserve policymaker which led to slump in the American currency. This led to a global rout thereby prompting the...

Rupee Opens Flat At 67.90 Per Dollar

The Indian rupee opened flat at 67.90 per dollar on Wednesday versus previous close of 67.90. NS Venkatesh of IDBI Bank said, "The rupee closed at 67.90/dollar yesterday aided by dollar sales by banks. The market was volatile with the rupee touching...

Rupee Expects To Appreciate

The US Dollar Index weakened by 0.8 percent yesterday owing to the disappointing release of unemployment claims data from the nation that rose more than the expected levels. This showed that there has been some loss of momentum in the labor market am...

Rupee May Trade Range Bound

The US Dollar Index weakened by 1.5 percent in the last week as markets speculated that the US Federal Reserve may not raise interest rates at all in 2016. This was due to the dovish comment made by the president of the Federal Reserve Bank of New Yo...

Euro Likely To Trade Sideways

Euro rose by 2 percent in the last week owing to the weakness seen in the US Dollar Index after the release of disappointing employment claims data along with a dovish stance by a US Fed member acted as a positive factor for the shared currency. ...

Sterling Pound Expects To Depreciate

Sterling Pound traded higher by 1 percent in the last week owing to the robust release of GDP data from the nation. The data indicated that UK’s economy had picked up pace at the end of 2015 but GDP growth for the year as a whole was down. The...

Japanese Yen May Appreciate

The Japanese Yen appreciated by 1.6 percent in the last week owing to slump in oil prices along with the dovish comment by the US Federal Reserve policymaker which led to slump in the American currency. This led to a global rout thereby prompting the...

Rupee Declines 21 Paise; Opens At 67.85 Per Dollar

The Indian rupee declined in the early trade on Monday. It opened lower by 21 paise at 67.85 per dollar against 67.64 Friday. Pramit Brahmbhatt of Veracity said, "Optimism will continue in domestic equity market as we saw rebound and optimism prevail...

Around The World In 16 Perfect-Powder Ski Runs

Snow, that infinitely variable white stuff, invites us on an epic pilgrimage each winter in search for the best runs to sink our skis into. Sure, we all choose and hit those slopes based on different factors, but you can’t argue that powder is...
by BarePockets on Feb 8, 2016

Copper In Lower Gear On China Demand Outlook

Copper futures fell during evening trade in the domestic market on Friday amid fears that demand from China, the world’s biggest metals consumer may weaken with the country’s financial markets, factories and businesses closed next week for the Lu...

Sterling Pound May Trade Negative

Sterling Pound traded lower by 0.08 percent yesterday after the BoE policymakers trimmed UK’s growth forecast from 2.5 percent to 2.2 percent. Moreover, inflation ensuring the prospect of a 2016 interest rate rise remains remote too. ongoing d...

Euro Likely To Trade Sideways

Euro rose by 0.9 percent yesterday owing to the weakness seen in the US Dollar Index after the release of disappointing employment claims data along with a dovish stance by a US Fed member acted as a positive factor for the shared currency. Howe...
Close