Live Currency Tips and Premium Updates

Market Outlook Against the US dollar, the Indian rupee opened at 71.0400 as indications of a earlier than expected US-China trade deal strengthened investor sentiments. Investor confidence improved after US President Donald Trump said that trade deal with China could happen sooner than expected. Moreover, weakening of the American currency vis-a-vis other currencies overseas also[…]

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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[…]

Profitable Currency Tips & Important Updates 26-Aug-2019

Market Outlook Against the US dollar, the Indian rupee opened flat at 71.8800 and throughout the day traded in the range of72.0875 and 71.5925. A recovery in equity markets on the buzz that the government may consider relaxation to FPIs from the super-rich tax helped the local currency cut losses. On the flip side, the[…]

Daily Beneficial Tips & Signals For Forex Market 19-Aug-19

Market Outlook The rupee opened on a weak note at 71.4200 against the US dollar in early trade on Friday amid rising crude oil prices and a cautious opening in domestic equities. Though foreign fund inflows added support to the domestic unit. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in[…]

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Market Outlook The Indian rupee opened on weak note at 71.0400 and has recovered from the day’s low after monetary policy committee reduced repo rate on August 7 for the third time in this financial year. Reserve Bank of India (RBI) has reduced the repo rate by 35 basis points to 5.40 percent in its[…]

Best Currency Tips With Market Updates 29-July-2019

Market Outlook The rupee opened on a cautious note and fell 3 paise to 69.0825 against the US dollar in early trade on Friday amid rising crude oil prices and foreign fund outflows. Moreover, rising Brent crude prices, cautious opening in domestic equities and foreign fund inflows weighed on the local unit, while weakening of[…]

Currency Trading Tips & Daily Market Updates 22-July-2019

Market Outlook The rupee appreciated by 21 paise to 68.7875 against the United States (US) dollar in early trade on Friday, as market participants pinned their hopes on aggressive interest cut by the US Federal Reserve later this month.  Moreover, Rupee along with most Asian currencies was trading in the positive territory following dovish comments[…]

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Market Outlook The rupee appreciated marginally by 5 paise to 68.8675 against the United States (US) dollar in the opening trade on Thursday, driven by weakening of the US dollar vis-a-vis other currencies overseas. On the flip side, the U.S. dollar was slightly weaker against a currency basket as lower U.S. yields and a recovery[…]

Currency Market Tips With Market Strategies 15-July-2019

Market Outlook The rupee opened on a cautious note and fell 3 paise to 68.5725 against the US dollar in early trade on Friday ahead of the release of key macro-economic data. The rupee is trading in a narrow range ahead of the release of retail inflation and factory output data. Besides, the weakening of[…]

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Market Outlook The rupee tumbled 7 paise to open at 68.7650 against the US dollar in early trade on Wednesday amid unabated foreign fund outflows and rising crude oil prices. On the flip side, the dollar was higher against the British pound and emerging market currencies in early trading in Europe Wednesday, but range-bound against[…]

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Market Outlook Against the US dollar, the Indian rupee opened flat at 69.5850, driven by a higher opening in domestic equities. Moreover, the local currency also gained strength amid a weakening of the greenback in overseas markets. However, rising crude oil prices and sustained foreign fund inflows weighed on the domestic currency and restricted the[…]

Forex Trading Tips To Make Profit 03-June-2019

Market Outlook The rupee appreciated by 7 paise to open at 70.000 against the US dollar,driven by positive opening in domestic equities and weakening of the greenback in overseas markets. Moreover, easing crude prices, sustained foreign fund inflows and selling of the American currency by exporters supported the rupee. On the other hand, the U.S.[…]