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Market Outlook The Indian rupee opened on a cautious note at 71.0875 against the United States (US) dollar amid rising demand for the US dollar vis-a-vis other currencies overseas. Moreover, weak opening in domestic equities and unabated foreign fund outflows also weighed on the domestic currency. On the flip side, the U.S. dollar steadied on[…]

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Market Outlook The rupee appreciated by 11 paise to 70.8625 and traded in the range of 71.0775-70.7625 against the United States (US) dollar in early trade on Tuesday as foreign fund inflows and easing crude oil prices enthused investors.  The U.S. dollar remained broadly supported after U.S. Treasury Secretary Steven Mnuchin confirmed U.S.-China trade talks[…]

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Market Outlook Against the US dollar, the Indian rupee opened flat at 71.0775, as rising crude oil prices and concerns regarding US-China trade war kept investors edgy. Moreover,  US is likely to ramp up pressure on China by raising existing tariffs if a trade deal is not reached soon between the two countries, weighed on[…]

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 The rupee appreciated by 22 paise to open at 71.7950 against the United States (US) dollar in early trade on Tuesday on on easing fiscal deficit concerns after RBI decided to give Rs 1.76 lakh crore to government. Higher opening in domestic equities and the latest remark by US President Donald Trump on[…]

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[…]

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Market Outlook The rupee opened flat at 71.5750 against the US dollar amid foreign fund outflows and cautious opening in domestic equities. However, weakening of the greenback vis-a-vis some currencies overseas and easing crude oil prices added support to the local unit. On the flip side, the U.S. dollar was largely unchanged on Thursday in[…]

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Market Outlook The rupee opened on a weak note and fell 12 paise to 71.6150 against the US dollar in early trade on Tuesday amid rising crude oil prices and unabated foreign fund outflows. Moreover, investors are awaiting government intervention to revive the slowing economy. There are expectations that the government would come out with[…]

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Market Outlook The rupee opened flat at 71.2125 against the US dollar in early trade on Monday, tracking gains in domestic equities and indication of a revival in trade talks between the US and China. The U.S. dollar was hovering near two-week highs against a currency basket  as U.S. Treasury yields bounced back from recent[…]