Currency Market Live Updates and Strategies

Market Outlook Rupee opens at 72.1150 per dollar against Wednesday’s close of 72.1550 per US dollar, after US President Donald Trump’s speech in which he threatened to “substantially” increase tariffs if China failed to agree a trade deal. India reported a dismal factory output data, which also hit trader’s confidence in rupee. It shrank to[…]

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Market Outlook The Indian rupee slipped in the early trade on Wednesday. It opened lower by 25 paise at 71.7875 per dollar versus Monday’s 71.5550, with domestic equity market are trading in red, Nifty below 11,900. On the flip side, dollar drifted in Asia after Trump said a trade deal was “close” but gave no[…]

Live Currency Market Trading Tips & Strategies | 13-Nov.

Market Outlook The Indian rupee was trading nearly a month low on November 11, following selling pressure in domestic equity market. It opened lower by 5 paise at 71.4000 per dollar versus Friday’s close 71.3500. Focus will now shift to India’s macroeconomic data to be released in the next week. The dollar held near multi-week[…]

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Market Outlook The rupee appreciated by 11 paise to 70.9775 against the American currency in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate. A positive opening in the equity market, weak dollar against other major currencies overseas and persistent foreign fund inflows supported the rupee. The dollar declined against[…]

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Market Outlook The rupee opened flat at 71.0375 against the US dollar, as investors were cautious ahead of the US Federal Reserve’s interest rate decision. Besides, a strengthening greenback against other overseas currencies also kept investors on the edge. However, a positive opening in domestic equity market and easing crude oil prices supported the rupee[…]

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Market Outlook The Indian rupee opened with partial gain at 70.9825 and traded in the range of 71.0775 and 70.8600 against the US dollar, as Firm domestic stock markets, easing crude prices and gains in other Asian currencies also supported the rupee. However, strengthening of the greenback vis-a-vis other currencies overseas capped gains for the[…]

Profitable Currency Market Updates by Experts | 29th Oct.

Market Outlook The Indian rupee opened on strong note at 70.9825 and traded in the range of 71.0775 and 70.8800 against the US dollar, weighed by unabated foreign fund outflows and a weak trend in domestic equity markets. On macro front, India’s dominant services industry contracted in September, with the index measuring activity in the[…]

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Market Outlook The Indian rupee appreciated by 18 paise to 70.7650 against the US dollar in early trade on Thursday as easing crude prices strengthened investor sentiments. Trading in emerging market currencies was subdued after British Prime Minister Boris Johnson lost the crucial Brexit Bill timetable vote. Besides, markets are also awaiting fresh cues on[…]

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Market Outlook The Indian rupee opened on a cautious note at 70.9975 against the US dollar in early trade on Wednesday amid rising demand for the US dollar vis-a-vis other currencies overseas and unabated foreign fund outflows. Moreover, trading in emerging market currencies was subdued after the British Prime Minister Boris Johnson lost the crucial[…]

Beneficial Daily Currency Tips & Reports

Market Outlook On Friday the rupee closed almost flat at 71.2000 per US dollar amid hardening crude oil prices and lacklustre global cues.At the forex market, the rupee opened at 71.2475 versus the US dollar. It traded in range of 71.3600 and 71.1000 during the day, before finally finishing at 71.2000, up 5 paise from[…]

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Market Outlook The Indian rupee closed with partial gain against the US dollar on Thursday tracking subdued domestic equities and other Asian currencies, after positive opening of the session. The U.S. dollar slipped as traders digested the latest Sino-U.S. trade news. A speech by U.S. Federal Reserve Chairman Jerome Powell also received some focus overnight.[…]

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Market Outlook The Indian rupee weakened against the US dollar on Wednesday in early session, tracking subdued domestic equities and other Asian currencies. It recovered from the low and trading flat at 71.01 per dollar. Most Asian currencies declined after tension between US and China escalated ahead of Chinese vice Premier Liu. He is leading[…]