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Market Outlook The Indian rupee opened on flat note at 71.0900 against the US dollar, as a sharp jump in global crude oil prices dampened investor sentiments. Market participants were concerned as the drone attack on Saudi Arabia’s oil facilities has stroked fiscal slippage concerns. On the other side, dollar fell while safe-havens and currencies[…]

Monday Currency Market Updates & Strategies | 16-Sept.

Market Outlook Against the US dollar, the Indian rupee appreciated by 12 paise to open at 71.1600 as easing trade tensions between US and China strengthened investor sentiments. Moreover, fall in global crude oil prices and fresh foreign fund inflows also enthused investors. China welcomed US President Donald Trump’s “goodwill” gesture to postpone a planned[…]

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Market Outlook Against the US dollar, the Indian rupee appreciated by 26 paise to open at 71.4540 as gains in domestic equity market and fresh foreign fund inflows strengthened investor sentiments. Trump delaying the increase in Chinese tariff by 15 days enthused investors. US President Donald Trump has announced the delay of his proposed massive[…]

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Market Outlook The Indian rupee slipped in the early trade on Wednesday. It opened lower by 13 paise at 71.9725 per dollar versus Monday’s close 71.8425, as rising crude oil prices kept investors edgy. Rising crude oil prices and foreign fund outflows weighed on the domestic currency. On the flip side, dollar remanined unchanged against[…]

Make Higher Profit With Currency Trading Tips | 11-Sept.

Market Outlook The rupee appreciated by 5 paise to open at 71.7900 against the US dollar on Monday as China’s easing move and rate cut hopes by the US Fed enthused investors. Moreover, market investors were optimistic about cut in interest rates by the US Federal Reserve following below-par US jobs data. Besides, China’s easing[…]

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Market Outlook Against the US dollar, the Indian rupee opened flat at 72.0300 as gains in the domestic equity market and resumption of US-China trade talks in October strengthened investor sentiments. Besides, a higher opening in domestic equities supported the local unit. The dollar was higher against haven currencies and lower against higher-yielders early Friday[…]

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  Market Outlook Against the US dollar, the Indian Rupee appreciated by 15 paise to open at 72.1425 as gains in the domestic equity market enthused investors. Market participants, however, said sustained foreign fund outflows and rising crude prices weighed on local the currency. Meanwhile, on the global front, US President Donald Trump on Wednesday[…]

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Market Outlook Against US dollar, the Indian Rupee appreciated by 12 paise to open at 72.4500, amid weakening of the American currency in overseas market.  However, rising crude oil prices and foreign fund outflows weighed on local currency. The U.S. dollar eased as weak U.S. manufacturing data bolstered bets on more aggressive policy easing by[…]

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Market Outlook The rupee tumbled by 51 paise to open at 72.1350 against the US currency, tracking a weak opening in domestic equities amid strong dollar demand from banks and importers.  US tariffs on imports from China took effect on Sunday and were followed later by Beijing’s retaliation. Following this, the domestic currency was under[…]

Accurate Forex Trading Tips For Beginners 3rd SEPTEMBER

Market Outlook On Friday, rupee opened on 71.9000 and traded in the range of 72.0350-71.5700 against US dollar led by a rally in domestic equities and renewed hopes of the US-China trade talks. Moreover, the rupee sentiment revived as concerns over US-China trade friction receded after China said it will not retaliate against the latest[…]

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Market Outlook The rupee opened at 71.8525 and traded in the range of 72.3175 and 71.8525 against the US dollar in early trade on Thursday, tracking a weak domestic equity market and persistent foreign fund outflows. Pessimism over US-China trade talks also put pressure on the domestic unit. However, a weak dollar against other major[…]

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Market Outlook Against the US dollar, rupee opened on weak note at 71.5500 amid unabated foreign fund outflows and cautious opening in domestic equities. Concerns about US-China trade spat kept market participants edgy. The dollar struggled to make headway in cautious trade, as concerns over the protracted trade dispute between the U.S. and China and[…]