Plan Your Forex Strategy with Accurate Data 07′ May

Market Outlook The Rupee opened at 66.9425, made a high of 66.8025 and a low of 67.1000. Rupee hovering in the range of previous day, between 67.1000 to 66.8025 of 29 paisa during trading hours against the dollar on increased selling of the greenback by exporters and banks. Against a currency basket, the dollar rose[…]

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Market Outlook Rupee opened at 66.8225, and made a high of 66.7150 in early trade and hovering in the range of 23 paisa between 66.7150 to 66.9450 during trading hours against the dollar on increased selling of the greenback by exporters and banks. Against a currency basket, The dollar backed off four-month highs, but remained[…]

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Market Outlook Rupee opened at 66.8825, and made a low of 66.9950 in early trade and hovering in the range of 15 paisa between 66.8425 to 66.9950 during trading hours against the US dollar on fresh demand for the greenback from importers and banks ahead of US Federal Reserve’s two-day policy meet outcome. The dollar[…]

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Market Outlook The Rupee opened at 66.7600 up by 20 paisa but not sustains on higer level and made a low of 67.0500 and moved between 66.8500 and 67.0500 in today’s trading hour against the Dollar. The Rupee closed at 66.8775 up by 10 paisa from previous close of 66.9500. Overall, sentiment remained subdued due[…]

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  Market Outlook The Rupee opened at 67.1000 and moved between 66.9050 and 67.1825 in today’s trading hour against the dollar. Pressure on Rupee might increase after the benchmark US treasury yield pierced the 3% mark and rising crude oil prices and widening current account deficit could significantly reduce demand for the Indian currency. The dollar was[…]

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Market Outlook The Rupee opened at 67.1000 and moved between 66.9050 and 67.1825 in today’s trading hour against the dollar. Pressure on Rupee might increase after the benchmark US treasury yield pierced the 3% mark and rising crude oil prices and widening current account deficit could significantly reduce demand for the Indian currency. The dollar was holding[…]

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Market Outlook The Rupee opened at 66.6825 and moved between 66.6750 and 67.1850 in today’s trading hour against the dollar. Rising oil prices, surge in commodity prices, trade deficit worries, deteriorating external finances and the banking mess are all adding to the rupee’s cup of trouble.   The dollar hit a 4 month high against basket of[…]

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Market Outlook The Rupee opened at 66.4275 up by 7 paisa and moved between 66.4875 and 66.2875 in trading hours against the US dollar in opening trade at the interbank foreign exchange market today on some selling of the greenback by exporters and banks. The USD had strengthened against all major currencies overseasin globally trade. While,[…]

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Market Outlook The Rupee opened at 66.2400  and moved between 66.1575 and 66.4825  in trading hour’s against the dollar on account of sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed on the domestic unit.    The dollar extended early gains against basket[…]

Start Your Week With Updated Forex Report 23 April’ 18

Market Outlook The Rupee opened depreciated 15 paisa at 65.9425, made a fresh thirteen month low and hovering between 66.0950 and 66.0000 in today’s trading hour against the dollar. Strengthening of dollar against other currencies overseas and increased demand for the dollar from importers also put pressure on the domestic unit the dollar was higher[…]

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Market Outlook The Rupee opened depreciated 10 paisa at 65.7900 and moved between 65.7425 and 65.8700 in today’s trading hour against the dollar at the interbank forex market today on increase demand for the greenback from importers and banks amid soaring crude oil prices overseas. However, The Dollar’s weakness against basket of currencies and a firm[…]

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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[…]