Daily Currency Report To Raise Profit

Market Outlook The rupee tumbled by 51 paise to open at 72.1350 against the US currency, tracking a weak opening in domestic equities amid strong dollar demand from banks and importers.  US tariffs on imports from China took effect on Sunday and were followed later by Beijing’s retaliation. Following this, the domestic currency was under[…]

Forex Trading Tips For Higher Returns

Market Outlook Daily Market Reflection  16th April 2019 Against the US dollar, the Indian rupee depreciated by 5 paise to open at 69.2975 on increased demand for the greenback from importers and banks. Moreover, strengthening of the American currency in the overseas market weighed on the domestic unit. On the economic front, India’s industrial production (base[…]

Profitable Data For Currency Pairs of Forex market

Market Outlook Against the US dollar, the Indian rupee apreciated by 4 paise to open at 70.2200 and throughout the day hovered in the range of 70.2200 and 69.9400 on weakening greenback, fresh foreign inflows and higher opening of domestic equities. On the flip side dollar slid against major Asian peers as market participants looked[…]