Forex
Dec 30 2017

Rupee logs 1st yearly rise in Seven on Dollar inflows

 Weekly Synopsis   Date:- 30th December 2017   Markets from 26th December 2017 to 29th December 2017:-   Indian Rupee:-   The Indian rupee posted its first annual rise in seven years against the dollar, aided by robust foreign fund inflows throughout the year into the domestic market amid a globally weak greenback. On a

Dec 29 2017

Trade Idea for the day – 29 Dec 2017

USDINR :- MACD below zero line  & RSI in oversold zone giving buy signals. Our Preference:-  Buy below 63.90 Target – 64.05-64.08 Stop loss – 63.85 EURINR :-  MACD crossover below zero line giving buy signals. Our Preference :-  Buy at 76.40-76.45 Target – 76.55-76.60 Stop loss – 76.30

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Dec 29 2017

Rupee edges higher on weak U.S data

Financial Market Overview 29th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee edges higher against the dollar, in line with most other Asian peers, tracking an overnight sell-off in the greenback amid a disappointing U.S. data. Pair USDINR now at 63.96 against 64.08 previous close. Pair to tip in range between

Dec 28 2017

Rupee offsets early losses on Dollar sales

Financial Market Overview 28th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- The Indian rupee was little changed against the dollar in thin afternoon trade, as banks’ greenback sales offset the losses triggered by the government’s decision to sell more debt than it had initially budgeted amid an estimated revenue shortfall. The rupee

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Dec 28 2017

Rupee turned lower on Fiscal Deficit worries

Financial Market Overview 28th December, 2017 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Rupee lower, after opening unchanged, as fiscal concerns overshadow broad-based dollar weakness. Pair USDINR  now at 64.23 against 64.15 previous close. Higher-than-expected additional borrowing for current fiscal year, announced late yesterday, raises fears of India missing fiscal deficit target. India will

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Dec 27 2017

Rupee stays lower on Importers bids

Financial Market Overview 27th December, 2017 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee remained lower against the dollar in thin afternoon trade, as oil and other importers stepped up greenback purchases amid a spike in crude oil prices. The rupee was last seen at 64.13 to a dollar , against 64.08 at