Forex Currency Daily Market Updates & Strategies

Market Outlook The Indian rupee opened on a cautious note at 71.3175 and fell 23 paise to 71.5275 against the US dollar in early trade on Thursday amid rising crude oil prices and unabated foreign fund outflows. The U.S. dollar edged higher on Thursday, but struggled to make headway amid persistent concerns over fresh indications[…]

Fundamental Forex Currency Daily Market Updates 3 October 2019

Market Outlook On Tuesday, the rupee dropped 20 paise to close at 71.2725 against the US dollar as heavy selling in domestic equities and unabated foreign fund outflows kept investors edgy. The currency opened on a strong note at 70.9800, but during the day it lost ground and fell to a low of 71.3650. It[…]

Daily Forex Currency Market Updates and Strategies

Market Outlook Against the US dollar, the Indian rupee opened flat to positive at 70.7625, tracking a weak opening in domestic equities and foreign fund outflows. Moreover, increasing demand for the US dollar vis-a-vis other currencies overseas and rising crude oil prices weighed on the domestic unit. Contrary, the dollar held near recent highs on[…]

Live Premium Currency Trading Tips To Maximize Profit 28 Sept. 2019

Market Outlook The Indian rupee opened flat at 71.1250 against the US dollar as investor sentiment got a lift after US President Donald Trump said a trade deal with China could happen sooner than expected. Robust buying in domestic equities, fresh foreign fund inflows and easing crude oil prices also lent support to the domestic[…]

Forex Currency Daily Market Trading Tips 23 Sept. 2019

Market Outlook The Indian rupee appreciated by 10 paise to open at 71.2800 against the US dollar after Finance Minister Nirmala Sitharaman announced several measures to promote investment and growth. In a major relief to foreign portfolio investors, FM Nirmala Sitharaman said Super-rich tax will not apply on capital gains arising from sale of any[…]

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Market Outlook Against the US dollar, the Indian rupee opened weak at 71.3875 after the US Federal Reserve cut its benchmark interest rate. In line with market expectation; the Federal Open Market Committee lowered the policy interest rate by 25 basis points to a target range of 1.75 to 2.0 per cent. Investors turned cautious[…]

Daily Premium Currency Market Updates and Strategies

Market Outlook The Indian rupee appreciated by 32 paise to 71.5975 against the US dollar as gains in domestic equity market and easing crude prices strengthened investor sentiments. Moreover, half of Saudi Arabia’s daily production has been recovered post-attack enthused investors. The U.S. dollar steadied on Wednesday in Asia ahead of the U.S. Federal Reserve’s[…]

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Market Outlook Against the US dollar, the Indian Rupee depreciated by 5 paise to open at 71.7500 amid rising demand for the US dollar vis-a-vis other currencies overseas. The drone attacks on Saudi Arabia’s oil facilities have enthused demand for safe heaven assets like the US dollar. Moreover, weak opening in domestic equities and unabated[…]

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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[…]

Premium Currency Daily Report For Beginners 09 Sep 2019

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[…]

Fundamental Premium Currency Report To Make Benefit

  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[…]

Beneficial Premium Currency Report To Grow Profit

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[…]