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Rupee Opens Flat At 67.32 Per Dollar

The Indian rupee opened flat at 67.32 per dollar on Thursday versus previous closing of 67.33. Mohan Shenoi of Kotak Mahindra Bank said, "Post FOMC minutes, the market is reassessing a possible Fed rate hike in June resulting in dollar strength.The r...

Rupee Is Likely To Trade Positive

The US Dollar Index fell by 0.2 percent yesterday as recent surge seen in the currency has prompted the traders to book profits. This acted as a negative factor for the DX. However, sharp losses were capped as marke ts discounted the robust release o...

Sell USDINR Above 67.20; Target Of 66.72

Pair opened the past session with downside gap and ended with a bearish candle which snapped last three sessions gain. Now, prices are quite close to the rising support line which is pegged at 67.25. Respect of the same would indicate another upward...

EURO/INR

Eurusd is trading at 1. 1180 , rebounding in the US session after better than expected business expectations numbers were reported from Germany. Focus would be on the US data and the ECB meeting next week and the pair is likely to trade near the 1. 1...

BUY JPYINR JUN ABOVE 61.80 - Ways2Capital

NSE CDS - BUY JPYINR JUN ABOVE 61.80 TGT 61.90, 62, 62.10 SL 61.69For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livecall/...
by Commodity Face on May 26, 2016

China's Central Bank Fixes Yuan At 2011 Low Against Dollar

China's central bank set the fixing of the yuan at a five-year low against the dollar on Wednesday, as the greenback continues to strengthen on expectations of an imminent increase in interest rates by the Federal Reserve. The People's Bank of China...

Rupee Opens At 67.63 Per Dollar; Up 12 Paise

The Indian rupee opened higher by 12 paise at 67.63 per dollar on Wednesday against previous close of 67.75. Bansi Madhvani of India Ratings said, "A strong US dollar, an uptick in oil prices, and overall weak portfolio flows are likely to keep the r...

BUY GBPINR MAY ABOVE 98.65 - Ways2Capital

NSE CDS - BUY GBPINR MAY ABOVE 98.65 TGT 98.75, 98.85, 98.95 SL 98.54For Free Trial : http://www.ways2capital.com     Contact us a...
by Commodity Face on May 25, 2016

SELL USDINR Strategy 67.76 - 67.80

US Dollar index is trading at 95.62 , appreciating considerably after better than expected home sales data was reported yesterday. 619000 new home sales were reported for the month of April against a market expectation of 523000. Hawkish tone of the...

EURO/INR Is Expected Lower

Eurusd is trading at 1.1140 , moving away for the 1.12 anchor that was being seen for the last many sessions. Euro has finally reacted to the dollar's strength after mixed economic data was reported yesterday .German GDP remained at 0.7 % , however t...

GBPINR

Pair tried to fill the opening gap of the Wednesday ’s trading session. However, it fell short by 0.08 poi nts which it may cover in today’s session and post whic h it can resume its upwards rally. Daily RSI has given th e sell crossover. Fo...

EURO/INR

Euro is trading at 1 . 1210 , remaining close to the 1 . 12 level after a brief stint near t 0 1 . 1185 . Manufacturing PMI was Germany beat expectations but the overall European PMI was reported lower than expectations at 51 . 5 . German Q 1 GDP and...

BUY USDINR Strategy 67.59 - 67.62; Target Of 67.90

US dollar index is trading at 95 . 31 , continuing to remain above the 95 . 00 in yesterday’s trade . There was no major economic data that was reported from the US but continued talks about a rate hike from the US kept dollar afloat . Home sales d...

Rupee Is Likely To Trade Negative

The US Dollar Index fell by 0.1 percent yesterday as markets discounted the disappointing release of new orders data from the nation that declined more than the expected levels. This has hit the manufacturing sector of the nation thereby denting the...

Rupee Slips 14 Paise, opens At 67.63 Per Dollar

The Indian rupee opened lower by 14 paise at 67.63 per dollar on Tuesday against its previous close of 67.49. Ashutosh Raina of HDFC Bank said, "A hawkish surprise from April FOMC minutes has increased the probability of Fed rate hike sooner than lat...

BUY GBPINR MAY ABOVE 98.13 - Ways2Capital

NSE CDS - BUY GBPINR MAY ABOVE 98.13 TGT 98.23, 98.33, 98.45 SL 98.02NSE CDS - BUY JPYINR MAY ABOVE 62.03 TGT 62.13, 62.23, 62.35 SL 61.92For Free Trial : http://www.ways2capital.com Contact us at : 1800-3010-2007http://www.ways2capital.com/livec...
by Commodity Face on May 24, 2016

Rupee Is Likely To Trade Positive

The US Dollar Index surged by 0.8 percent in the last week after the Feds in last week’s FOMC meeting minutes commented on opting for a June interest - rate hike provided the economy warrants that. Probability of June rate hike by t he US Federal R...

BUY USDINR Strategy 67.38 - 67.41, Target Of 67.59

US dollar index opened for the week at 95.20, continuing to remain above the 95.00 mark as markets priced in a hawkish view of the US FED. Prospect of an early rate hike from the US kept the US dollar higher against all the majors. Manufacturing data...

Rupee Opens At 67.30 Per Dollar; Gains 14 Paise

The Indian rupee gained in the early trade on Monday. It has opened higher by 14 paise at 67.30 per dollar against 67.44 Friday. Himanshu Arora of Religare said, "The USD-INR pair is likely to weaken further on concerns over P-notes and Fed rate hike...

BUY GBPINR MAY ABOVE 97.94 - Ways2Capital

NSE CDS - BUY GBPINR MAY ABOVE 97.94 TGT 98.04, 98.14, 98.25 SL 97.83NSE CDS - BUY EURINR MAY ABOVE 75.81 TGT 75.91, 76.01, 76.11&...
by Commodity Face on May 23, 2016
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