Online Forex Trading Tips | Currency Tips 12 Nov 2018

Market Outlook The Indian rupee depreciated by 11 paise to open at 72.7250 and throughout the day traded in the range of 72.9500 and 72.5875 against the US dollar following US mid-tem election results and easing crude oil prices. On the flip side, dollar was little changed after the Federal Reserve left interest rates on[…]

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Market Outlook The Indian Rupee opened flat at 73.6350 and hovered in the range of 73.7300 and 73.3500 against the US dollar on fresh dollar selling by exporters amid easing crude oil prices and a weakening greenback. Moreover, the RBI steps to ease liquidity concerns of NBFCs, steep fall in Brent crude prices following a[…]

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Market Outlook The Indian Rupee appreciated by 15 paise to open at 72.7800 and throughout the day swing in the range of 72.9900 and 72.3875 against the US dollar on account of fresh selling of the US currency by exporters and banks. Moreover, Easing crude oil prices and dollar weakness against major Asian peers bolstered[…]

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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 too recouped its massive initial losses but ended still lower by 20 paise to 64.24 a dollar after the trends showed the BJP will form governments in Gujarat and Himachal Pradesh. Minister for Planning and Development Ahsan Iqbal said on Monday that the government was examining a proposal to replace the[…]

Forex Trading Tips 18 Dec

Market Outlook Maintaining its upbeat momentum, the rupee today surged by 30 paise to hit a fresh 3-month high of 64.04 against the US dollar, with all exit polls on assembly elections suggesting the BJP retaining Gujarat and returning to power in Himachal Pradesh. The dollar held at more than one-week lows on Thursday after[…]

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Market Outlook The rupee on Wednesday opened 15 paise down at 64.55 against dollar on account of buying of American currency by banks and importers. Sterling climbed and British bond futures dipped on Tuesday, after data showed UK inflation unexpectedly hit its highest level in nearly six years in November, putting pressure on the Bank[…]

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Market Outlook The rupee on Monday opened 5 paise higher at 64.40 against the dollar on account of selling of American currency by banks and exporters. The local currency on Friday rebounded 12 paise to end at 64.45 against  dollar. The dollar probed four-week highs against the yen on Monday, underpinned by expectations of higher[…]

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Market Outlook The Indian rupee’s rally since mid-November could see a turning point with elections in Prime Minister Narendra Modi’s home state of Gujarat. Yuan was flat against dollar on Today’s trade, as the local currency was hobbled by uncertainty over its outlook for next year and how Chinese growth and US rate increases will[…]