Forex Trading Tips 20 Nov.

Market Outlook Indian rupee erased some of its gains after surging over 1% on Friday after credit rating agency Moody’s Investors Services upgraded the nation’s sovereign ratings to Baa2 from its lowest investment grade, and changed the outlook on the rating to stable from positive. The president of the European Central Bank warned in a[…]


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Market Outlook The rupee on Thursday opened 7 paise down at 65.28 against dollar on account of buying of American currency by banks and importers. The dollar was fluctuating between small gains and losses against a basket of the other major currencies on Thursday as investors awaited an expected vote on the U.S. tax bill[…]

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Market Outlook Rupee trading nearly 7 paise higher at 65.35 against dollar in early trade on account of selling of American currency by banks and exporters. Euro popped above the 1.18 line for the first time in three weeks on Wednesday as investors resumed buying European equities while the dollar found itself on the back[…]


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Market Outlook The rupee on Tuesday opened 9 paise up at 65.33 against dollar on account of selling of American currency by banks and exporters. The dollar got support from higher U.S. Treasury yields in early Asian trading on Tuesday, while sterling arrested a recent slide, which followed concerns about Theresa May’s ability to stay[…]

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Market Outlook The Indian rupee weakened to six-week low against the US dollar, while bond yields hit a fresh six-month high, ahead of the Consumer Price Index (CPI)-based inflation data due on Monday after 5.30pm. Fall in rupee was also due to selling by foreign investors in debt markets worth $400 million in last seven[…]

Currency Trading Tips

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Market Outlook The Indian rupee on Friday weakened against the US dollar in the mid trade, headed for the biggest weekly drop in seven weeks. The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling.But the greenback was[…]

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Market Outlook The rupee was trading higher at 64.90 against the dollar in the noon session on bouts of dollar selling by exporters and banks. A weak dollar against other currencies overseas and a firm domestic equity market also bolstered the domestic currency. The dollar slipped versus the yen on Thursday as a sudden fall[…]

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Market Outlook The rupee strengthened to 64.93 as the dollar remained weak against other currencies overseas. The domestic unit opened lower at 65.15 against yesterday’s closing level of 65.03 per dollar at the interbank forex market today and slipped further to 65.16 per dollar. The dollar slipped broadly on Wednesday, hurt by a media report[…]