Daily Analysis of Currency Market

Market Outlook The rupee weakened by 12 paisa to a fresh 16-month low and opened at 68.1925 hovered in the range of 68.2150 and 68.0950 against the US dollar after China and the US struck a deal to avert a trade war. Surging global crude prices fuelled inflation concerns and interest rate hikes loomed potentially[…]

Learn With Accurate Forex Market Tips

Market Outlook The Rupee opened at 65.8700 down by 18 paisa but couldn’t sustain there and recover in early trade and hovering between 65.7500 and 65.6300 in today’s trading hour against the dollar amid persistent capital outflows and a fresh ripple of geopolitical tension. Dollar gained from a three-week low after trade war concerns waned[…]

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Market Outlook The Rupee continued its performance near 65-mark on Friday, against US benchmark dollar index. American unit reportedly faced some selling pressure by exporters and banks. A positive opening for the stock markets also boosted the domestic currency. USD had strengthened against the euro after ECB President Mario Draghi signalled that any policy normalisation[…]

Daily News and Analysis of Forex Market

Market Outlook Foreign investors appear to have started removing their money from Indian markets, as there is a massive outflows recorded since start of February 2018 in both equity, debt and hybrid market. This has affected Indian rupee against US benchmark dollar index, as the American unit today strengthened amid the outflows, which resulted in[…]

Effective Online Currency Trading Tips 14 Feb 2018

Market Outlook The rupee opened 14 paise up at 64.26 against the greenback as it bounced from a near two-month low, propped up by local equities. Banks and exporters took to selling of the American currency.  The euro edged higher on Monday and the dollar fell back, as a bounce in equity markets ended a strong[…]

Accurate Daily analysis of Currency Trading

Market Outlook The Indian rupee slipped in the early trade on Friday. “The USD-INR market has been little more volatile than before reflecting global sentiments, expecting a higher opening today and a range of 64.20-64.40 for the day.” The dollar hit two-week highs against a basket of currencies in choppy trading as investors reduced bearish[…]

Best Intraday currency trading tips

Market Outlook The Indian rupee on Monday erased all the gains and closed marginally weaker against US dollar, tracking mixed Asian currencies market.The home currency closed at 63.87 a dollar, down 0.04% from its Friday’s close of 63.85. The rupee opened at 63.89 a dollar, and touched a high and a low off 63.72 and[…]

best Intraday currency trading updates

Market Outlook The rupee was trading marginally higher at 63.84 against the dollar at the Interbank forex market today in pre-close trade. Domestic equity markets soaring to new highs and the dollar losing sheen against some other currencies overseas supported the local unit, traders said. The dollar rose 0.2 per cent to 90.73 against the[…]

Free Currency Trading Tips 08 Jan 2018

Market Outlook The rupee on Thursday opened 8 paise down at 63.61 against the US currency on fresh demand for dollar from importers and banks. India’s finance ministry has sought parliamentary approval to issue about Rs 80,000 crores ($12.6 billion) of bank recapitalization bonds before the end of the current fiscal year which will augment[…]