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Market Outlook The rupee opened on a weak note and fell 12 paise to 71.6150 against the US dollar in early trade on Tuesday amid rising crude oil prices and unabated foreign fund outflows. Moreover, investors are awaiting government intervention to revive the slowing economy. There are expectations that the government would come out with[…]

Live Currency Tips and Signals

Market Outlook The rupee opened flat at 71.2125 against the US dollar in early trade on Monday, tracking gains in domestic equities and indication of a revival in trade talks between the US and China. The U.S. dollar was hovering near two-week highs against a currency basket  as U.S. Treasury yields bounced back from recent[…]

Daily Beneficial Tips & Signals For Forex Market 19-Aug-19

Market Outlook The rupee opened on a weak note at 71.4200 against the US dollar in early trade on Friday amid rising crude oil prices and a cautious opening in domestic equities. Though foreign fund inflows added support to the domestic unit. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in[…]

Daily Beneficial Tips & Reports For Forex Market 16 Aug 2019

Market Outlook The rupee rose 48 paise to 70.92 against the dollar in early trade on Wednesday amid market recovery across Asia. The recovery was mainly due to Trump’s decision that delayed tariffs on some Chinese imports and that gave much-needed relief for markets gripped by political and economic turmoil. The U.S. dollar surged after the[…]

Live Currency Tips and Strategies

Market Outlook The rupee deprecated by 31 paise and fell to 71.2150 against the dollar in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. The Indian government waived budget surcharge on Foreign Portfolio Investments (FPI) and pleased the INR buyers on early-day. However, pair’s losses were limited[…]

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Market Outlook The Indian rupee is aapreciated by 10 paise to open at 70.7000 against US dollar, tracking gains in domestic equities, amid reports of a meeting between foreign investors and Finance Ministry officials regarding higher tax surcharge during the day. Meanwhile, foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out[…]

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Market Outlook Against US dollar, the Indian rupee opened flat at 71.0400 on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise. On the flip[…]

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Market Outlook The Indian rupee opened on weak note at 71.0400 and has recovered from the day’s low after monetary policy committee reduced repo rate on August 7 for the third time in this financial year. Reserve Bank of India (RBI) has reduced the repo rate by 35 basis points to 5.40 percent in its[…]

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Market Outlook The rupee rebounded from a five-month low of 71.0900 and appreciated by 22 paise to 70.8625 against the US dollar in early trade on Tuesday amid a positive opening in the domestic equity market. However, foreign fund outflows and rising crude oil prices weighed on the local currency. Besides, the rupee is expected[…]

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Market Outlook The rupee slumped 61 paise to open at 70.3300 against the US dollar on Monday, tracking the weak opening in the domestic equity market and unabated foreign fund outflows. The massive decline in the Indian rupee was largely a knee jerk reaction to the slump in the Chinese currency after China’s central bank[…]

Beneficial Currency Market Updates | 05-Aug.

Market Outlook The rupee on Friday declined by 13 paise to open at 69.3750 against the US currency, due to strong dollar demand from banks and importers amid unabated foreign fund outflows. Market sentiment took a hit after the US announced additional 10 per cent tariff on USD 300 billion in Chinese goods. Moreover, strengthening[…]

Free Currency Tips With Beneficial Updates

Market Outlook Indian rupee on Thursday fell as the dollar surged to a two-month high and US Treasury yields climbed following comments from Fed chief Jerome Powell, which were more hawkish than expected. It opened at a five-week low 69.20/$, in early deals, down from its previous close of 68.80. After delivering a 25 basis[…]