Daily Currency Market Trading News & Updates

Market Outlook The rupee ticked higher by 3 paise to open at 69.7500 against the United States (US) dollar on Wednesday amid weakness in the green-back and easing crude oil prices. Moreover, strong foreign instituional investors (FIIs) inflows and higher domestic equity markets also improved sentiments for the rupee. On the other side, the U.S.[…]

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Market Outlook The rupee appreciated by 8 paise to open at 70.5000 against the US dollar, driven by easing crude prices, higher opening in domestic equities and on US-China trade talk hopes. Investors’ sentiments were buoyed after US President Donald Trump on Tuesday hoped that the world’s top two economies would be able reach an[…]

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Market Outlook Indian Rupee depreciated by 24 paise to 69.46 against the US dollar in early trade on Monday on increased demand for the US currency from importers and weak opening in domestic equities. US President Donald Trump on Sunday threatened to raise tariffs on USD 200 billion worth of Chinese goods and this in[…]

Profitable Way to Invest in Forex Market | 06 May 2019

Market Outlook Indian rupee ended higher by 20 paise at 69.36 per dollar vs Tuesday’s close 69.56. Rupee rose on Monday primarily on back of weakness in the dollar against its major crosses ahead of important FOMC policy statement. Federal Reserve in its policy statement held rates unchanged and held out hope that weak inflation[…]

Profitable Way to Analyse Forex Market | 30 April 2019

  Market Outlook The Indian rupee appreciated by 11 paise to open at 70.4550 against the US dollar after Brent crude oil prices receded from a six-month high of $ 75.60/barrel. Moreover, the greenback’s weakness against key rivals overseas, sustained foreign fund inflows and heavy buying in domestic equities also supported the rupee upmove. On[…]

Daily Outlook of Trending Currency Market

Market Outlook The rupee appreciated by 5 paise to 69.6600 and throughout the day traded in the range of 69.9175 and 69.6075 against the US dollar ahead of the RBI’s second round of dollar-rupee swap auctions. The currency was also buoyed on reports that India has lined up alternate sources to make up for likely[…]

Online Data For Best Currency Tips | Forex Tips | 25-Mar-2019

Market Outlook The Indian rupee appreciated by 4 paise to open at 68.8200 and throughout the day hovered in the range of 69.1500 and 68.5575 against the US dollar, driven by sustained foreign fund inflows and a higher opening of domestic equities. On the flip side, the dollar dropped against major Asian peers, giving up[…]

Highly Recommended Best Forex Trading Tips 18-Mar-2019

  Market Outlook Against the US dollar, the Indian rupee appreciated by 7 paise to open at 69.3875 and throughout the day hovered in the range of 69.4300 and 69.1200 driven by sustained foreign fund inflows and a higher opening of domestic equities. On the flip side, the dollar closed lower against major Asian peers[…]

Currency Market News & Trading Tips 25-Feb-2019

  Market Outlook The Indian rupee opened flat at 71.2600 and throughout the day hovered in the range of 71.2700 and 71.1100 against the US dollar amid a dip in crude oil prices and fresh foreign fund inflows. On the other hand, the dollar edged up against major Asian peers even after a set of[…]

Live Updates on Forex Market & Trading Strategy 11th Feb’19

Market Outlook Against the US dollar, the Indian rupee flat at 71.5625 and throughout the day hovered in the range of 71.5625 and 71.1500 after the Reserve Bank of India cut the repo rate and changed its policy stance to ‘neutral’. Moreover, the surprise rate cut by the RBI, weakening of the US dollar as[…]

Latest Currency Market Report and Analysis | 19-Nov

Market Outlook The Indian Rupee firmed up 5 paise to open at 72.0000 and traded within the range of 72.0725 and 71.7925 against the US dollar on increased selling of the US currency by exporters and banks. Other than dollar’s shortcoming against a few monetary standards abroad, expanded foreign fund inflows and a firm equity[…]

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    The Indian Rupee appreciated by 29 paise to open at 73.3950 and hovered in the range of 73.4300 and 72.6100 against the US dollar. Basically, the gain is probably on the back of declining crude oil prices in the global market amid fresh capital fund inflows from foreign investor.  Also, strong domestic bourses[…]