Best Intraday currency trading tips

Market Outlook The Indian rupee on Monday erased all the gains and closed marginally weaker against US dollar, tracking mixed Asian currencies market.The home currency closed at 63.87 a dollar, down 0.04% from its Friday’s close of 63.85. The rupee opened at 63.89 a dollar, and touched a high and a low off 63.72 and[…]

Updated Daily currency trading tips 22 Jan 2018

Market Outlook The rupee firmed up 16 paise to trade at 63.70 against the dollar in the opening session on Friday, rising for a third straight day on increased selling of the US currency by exporters and banks. A higher opening in the domestic equity market also influenced the rupee uptrend, they added. On Thursday,[…]

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Market Outlook The rupee was trading marginally higher at 63.84 against the dollar at the Interbank forex market today in pre-close trade. Domestic equity markets soaring to new highs and the dollar losing sheen against some other currencies overseas supported the local unit, traders said. The dollar rose 0.2 per cent to 90.73 against the[…]

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Market Outlook The Indian rupee gained in the early trade on Monday. It has opened higher by 12 paise at 63.49 per dollar versus 63.61 Friday. “Rupee will remain under pressure”. A technical pullback started from 63.30, may get extended till 64.00.” “Trading range for the spot USD-INR pair will be 63.50-64.00”. Dollar index hits[…]

Currency Tips For Making Higher Profits

Market Outlook The rupee advanced by 12 paise to 63.54 against the greenback in late morning deals on sustained bouts of dollar selling from banks and importers banks amid higher local equities and subdued dollar overseas. The US dollar slumped against its major rivals in early Asian trade due to weak factory inflation data, while[…]

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Market Outlook The rupee slid further by 22 paise to hit a low of 63.82 against the greenback on continued bouts of dollar demand from importers and banks amid firm domestic equities. The dollar recouped some of its recent losses on Thursday after China’s regulator dismissed a report that the country could halt its buying[…]

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Market Outlook The Indian rupee opened higher at 63.68 per dollar on Wednesday versus previous close 63.71.Pramit Brahmbhatt of Veracity said, “Rupee will trade on a flat note in absence of any cue. Trading range for the spot USD-INR pair will be 63.50-63.80.” The dollar edged higher against a basket of major currencies and hit[…]