Beneficial Forex Currency Daily Trading Tips & Market Updates 8 Nov 2019

Market Outlook The rupee opened on a weak note and declined by 28 paise to open at  71.3225 against the US dollar in opening trade after Moody’s Investors Service changed the outlook on India’s ratings to ‘negative’ from ‘stable’, saying there was increasing risks that economic growth will remain materially lower than the past. Sustained[…]

Live Premium Currency Trading Tips & Profitable Strategies

Market Outlook The rupee opened on a weak note at 71.1550 against the US dollar in opening trade on Thursday after reports that the US-China trade deal signing could be delayed to December weighed on investor community. Moreover, the decline in the domestic unit was largely in tandem with other Asian currencies after reports of[…]

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  Market Outlook The rupee opened on a cautious note and fell 6 paise to 70.88 against the US dollar in early trade on Wednesday tracking subdued opening in domestic equities. However, weakening of the US dollar vis-a-vis other currencies overseas and easing crude oil prices supported the domestic unit and restricted the fall. The[…]

Beneficial Forex Currency Daily Market Updates & Strategies

Market Outlook The Indian rupee opened at 70.9000 per dollar, with selling seen in the domestic equity market as Nifty trading below 11,900. On the flip side, US dollar rose against the yen on Tuesday thanks to growing optimism the United States and China are on the verge of reaching a preliminary agreement to scale[…]

Profitable Daily Premium Currency Tips & Market Updates

Market Outlook The rupee opened on a weak note and declined by 8 paise to 71.1550 against the US dollar in opening trade on Monday, as sustained foreign fund outflows weighed on investor community. Moreover, rising demand for the US dollar vis-a-vis other currencies overseas also weighed on the domestic currency. However, easing crude oil[…]

Profitable Daily Currency Market Trading Tips & Strategies

Market Outlook The Indian rupee appreciated by 25 paise to open at 70.9550 against the dollar and has now gained for four consecutive trading sessions, building a bullish momentum. The dollar faced a considerable selling pressure over the past week. The dollar index is currently hovering around a key support of 97. If selling momentum[…]

Fundamental Premium Currency Daily Report For Beginners 7 Oct. 2019

Market Outlook The Indian rupee opened at 71.0900 and throughout the day traded in the range of 71.3475 and 70.9200 against the US dollar, after the Reserve Bank of India cut its repo rate by 0.25 per cent on Friday. The Reserve Bank on Friday cut its benchmark lending rate by 0.25 per cent to[…]

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[…]