Oct 31 2017

Rupee marks best month in six

Financial Market Overview 31st October, 2017 Evening Coffee:-                                                                                       MARKETS AT CLOSE:- Rupee:- The Indian rupee posted its biggest monthly gains in six against the dollar, as an increase in foreign ownership limits in local debt drew investments, while the government’s bank recapitalisation plans boosted equities to record highs. The rupee settled at

Oct 31 2017

Rupee stays higher on weak Dollar

Financial Market Overview 31st October, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee extended gains against the dollar in afternoon trade, as demand for the greenback eased after the U.S. President Donald Trump’s previous campaign manager was charged with money laundering. The rupee was last seen at 64.7450 to a dollar, against

Oct 31 2017

Rupee opens marginally higher; BoJ holds steady as expected

Financial Market Overview 31st October, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian Rupee opens marginally higher at 64.83 against the dollar, Asian peers, tracking the greenback’s overnight decline after the U.S. President Donald Trump’s previous campaign manager was charged with money laundering. Investors were also cautious ahead of the Federal Reserve’s two-day

Money Changing
Oct 30 2017

Rupee logs biggest single day gain in 4 weeks; Indian equities post record closing high

Financial Market Overview 30th October, 2017 Evening Coffee:-                                                                                       MARKETS AT CLOSE:- Rupee:- The Indian rupee posted its biggest single-day rise in nearly four weeks against the dollar, tracking gains in other Asian currencies, as caution ahead of the Federal Reserve policy meet and speculation over the next chief of the U.S. central

Transaction Forex Risk Advisory
Oct 30 2017

Technical View – EURUSD

The technical picture is bearish after the pair broke the key 1.1660 support level that held the downside since early August. Furthermore, the pair broke and accelerated its decline below its 100 DMA, standing below the indicator for the first time since last April. In the daily chart, the 20 SMA is aiming to cross

Oct 30 2017

Rupee stays higher as Dollar slips

Financial Market Overview 30th October, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee remained higher against the dollar in afternoon trade, as caution ahead of the Federal Reserve’s two-day policy meet that starts tomorrow and speculation on the U.S. central bank’s next chief’s selection weighed on the greenback. The rupee was