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Market Outlook Against US dollar, the Indian Rupee appreciated by 12 paise to open at 72.4500, amid weakening of the American currency in overseas market.  However, rising crude oil prices and foreign fund outflows weighed on local currency. The U.S. dollar eased as weak U.S. manufacturing data bolstered bets on more aggressive policy easing by[…]

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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[…]

Daily Beneficial Tips & Signals For Forex Market 19-Aug-19

Market Outlook The rupee opened on a weak note at 71.4200 against the US dollar in early trade on Friday amid rising crude oil prices and a cautious opening in domestic equities. Though foreign fund inflows added support to the domestic unit. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in[…]

Daily Beneficial Tips & Reports For Forex Market 16 Aug 2019

Market Outlook The rupee rose 48 paise to 70.92 against the dollar in early trade on Wednesday amid market recovery across Asia. The recovery was mainly due to Trump’s decision that delayed tariffs on some Chinese imports and that gave much-needed relief for markets gripped by political and economic turmoil. The U.S. dollar surged after the[…]

Online Forex Trading Tips 24 June 2019

    Market Outlook The rupee Friday fell 47 paise to trade at 69.9850 against the US dollar in early trade following foreign fund outflows and rising crude prices after Iran said it had shot down a US military drone. Subdued sentiments in domestic equity markets also influenced the trading pattern in the currency market.[…]

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Market Outlook The Indian rupee and bonds rallied at market opening on Monday after exit polls suggested the election will give a clear mandate for the ruling party led coalition. But traders said market gains would be kept in check ahead of the vote counting on Thursday. On the flip side, dollar is pushing toward[…]

Highly Profitable Forex Trading Signals 20 May 2019

Market Outlook The Indian rupee declined by 11 paise to open at 70.2500 against the United States (US) dollar in opening trade on Friday as crude oil prices firmed up and US-China trade related concerns weighed on investor community. Moreover, besides the US-China trade concerns, foreign fund outflows also kept pressure on the Indian rupee.[…]

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Market Outlook The rupee appreciated by 8 paise to open at 70.5000 against the US dollar, driven by easing crude prices, higher opening in domestic equities and on US-China trade talk hopes. Investors’ sentiments were buoyed after US President Donald Trump on Tuesday hoped that the world’s top two economies would be able reach an[…]

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Market Outlook The rupee recovered marginally and opened flat at 70.6475 against the dollar on Tuesday amid weak global cues and foreign fund outflows. Moreover, foreign fund outflows, rising crude prices and US-China trade related concerns weighed on the domestic currency. Contrary, Dollar are correcting some of Monday’s sharp movements in early trade in Europe[…]

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Market Outlook The Indian rupee traded higher by 7 paise at 69.33 per dollar in early trades on Tuesday versus previous close 69.40. Rupee consolidated in a narrow range despite weakness in major Asian currencies following uncertainty related to disturbed trade talks between US and China. There is expectation that the Chinese representatives may backtrack[…]

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Market Outlook Indian Rupee depreciated by 24 paise to 69.46 against the US dollar in early trade on Monday on increased demand for the US currency from importers and weak opening in domestic equities. US President Donald Trump on Sunday threatened to raise tariffs on USD 200 billion worth of Chinese goods and this in[…]

Profitable Way to Invest in Forex Market | 06 May 2019

Market Outlook Indian rupee ended higher by 20 paise at 69.36 per dollar vs Tuesday’s close 69.56. Rupee rose on Monday primarily on back of weakness in the dollar against its major crosses ahead of important FOMC policy statement. Federal Reserve in its policy statement held rates unchanged and held out hope that weak inflation[…]