Live Premium Currency Trading Tips & Market Updates

Market Outlook The rupee opened on a cautious note at 71.8750 against the United States (US) dollar in early trade on Thursday, tracking muted opening in domestic equities. Traders were also awaiting fresh cues on the potential US-China trade deal. Foreign institutional investors (FIIs) remained net buyers in the capital markets, as they purchased shares[…]

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Market Outlook Indian rupee erased its gains and trading at day’s low level at 71.90 per dollar, with domestic equity market trading off day’s high level after Sensex hitting all-time high. It opened lower by 12 paise at 71.83 per dollar on Wednesday versus previous close 71.71. On November 19, the rupee recovered from the[…]

Fundamental Premium Currency Trading Tips & Market Updates

Market Outlook The Indian rupee recovered from the day’s low and trading flat at 71.8900 per dollar, with domestic equity market trading higher. The dollar stabilised against a broad basket of other currencies on Tuesday after three consecutive days of losses as investors waited for the release of the minutes of the U.S. central bank[…]

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Market Outlook The Indian rupee gained in the early on Monday. It opened higher by 12 paise at 71.7500 per dollar versus Friday’s close 71.8700 per dollar, extending its gains for the third session on the back of a positive trend in equity markets and weakness in the greenback against its major crosses. Contrary, dollar[…]

Premium Currency Daily Report & Profitable Strategies 18 Nov 2019

Market Outlook The Indian rupee appreciated by 12 paise to 71.9000 against the US dollar on Friday as gains in domestic equity market and weakening of the American currency vis-a-vis other currencies overseas strengthened investor sentiments. The dollar found broad support on Friday as fresh signs of a global economic slowdown and little visible progress[…]

Currency Market Live Updates and Strategies

Market Outlook Rupee opens at 72.1150 per dollar against Wednesday’s close of 72.1550 per US dollar, after US President Donald Trump’s speech in which he threatened to “substantially” increase tariffs if China failed to agree a trade deal. India reported a dismal factory output data, which also hit trader’s confidence in rupee. It shrank to[…]

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Market Outlook The Indian rupee slipped in the early trade on Wednesday. It opened lower by 25 paise at 71.7875 per dollar versus Monday’s 71.5550, with domestic equity market are trading in red, Nifty below 11,900. On the flip side, dollar drifted in Asia after Trump said a trade deal was “close” but gave no[…]

Live Currency Market Trading Tips & Strategies | 13-Nov.

Market Outlook The Indian rupee was trading nearly a month low on November 11, following selling pressure in domestic equity market. It opened lower by 5 paise at 71.4000 per dollar versus Friday’s close 71.3500. Focus will now shift to India’s macroeconomic data to be released in the next week. The dollar held near multi-week[…]

Beneficial Forex Currency Daily Trading Tips & Market Updates 8 Nov 2019

Market Outlook The rupee opened on a weak note and declined by 28 paise to open at  71.3225 against the US dollar in opening trade after Moody’s Investors Service changed the outlook on India’s ratings to ‘negative’ from ‘stable’, saying there was increasing risks that economic growth will remain materially lower than the past. Sustained[…]

Live Premium Currency Trading Tips & Profitable Strategies

Market Outlook The rupee opened on a weak note at 71.1550 against the US dollar in opening trade on Thursday after reports that the US-China trade deal signing could be delayed to December weighed on investor community. Moreover, the decline in the domestic unit was largely in tandem with other Asian currencies after reports of[…]

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  Market Outlook The rupee opened on a cautious note and fell 6 paise to 70.88 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities. However, weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall. The[…]

Beneficial Forex Currency Daily Market Updates & Strategies

Market Outlook The Indian rupee opened at 70.9000 per dollar, with selling seen in the domestic equity market as Nifty trading below 11,900. On the flip side, US dollar rose against the yen on Tuesday thanks to growing optimism the United States and China are on the verge of reaching a preliminary agreement to scale[…]