Jan 31 2018

Rupee lower as local equities extends decline

Financial Market Overview 31st January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Rupee opens lower against the Dollar at 63.67 as domestic equity market extends declines. Pair USDINR now at 63.71 against 63.60 previous close. Pair to tip in range between 63.60-63.80 today. Indian Equities:- The market began the session on a mildly

Jan 30 2018

Rupee extends fall on strong Dollar

Financial Market Overview 30th January, 2018 Noon Update:-                                                                                   MARKETS AT Noon:- Rupee:- Indian rupee fell to a one-week low against the dollar in afternoon session, as higher U.S. treasury yields underpinned demand for the greenback, even as traders await cues from President Donald Trump’s speech later today and the Fed policy meet outcome

Jan 30 2018

Will dollar trace a bottom?

Wow, the forex markets continue to excite (have spent almost 2 decades and still feel young, energetic and exploring – miles to go J) Latest obsession is Euro/GBP/major currencies’ surge and the resultant plunge in the dollar index. There have been dramatic moves in currencies since the beginning of the new year (to say the

Forex
Jan 30 2018

Rupee opens lower as Dollar recovers on rising US. bond yields

Financial Market Overview 30th January, 2018 Morning Coffee:-                                                                                   MARKETS AT OPEN:- Rupee:- Indian rupee open lower against the dollar at 63.69, as the greenback continued to recover from its 2014-lows tracking an uptrend in U.S. bond yields, even as traders await cues from the two-day Fed policy meet that begins today. Pair USDINR