Oct 20 2018

Rupee biggest weekly gain in eight weeks

Weekly Synopsis 20th October, 2018 Markets from 15 October 2018 to 19 October 2018 Indian Rupee:- The Indian rupee recorded its biggest weekly gain in eight weeks against the dollar, as the nation’s trade deficit narrowed to a five-month low amid easing crude oil prices. The rupee settled on Friday 73.32 to a dollar. The rupee

Oct 19 2018

Rupee ended the session on higher note on Exporters Dollar sales

Financial Market Overview 19th October, 2018 Evening Coffee:-                                                                                   MARKETS AT CLOSE:- Rupee:- The rupee settled at 73.32 to a dollar, its highest since Oct. 1, against 73.60 at previous close. The currency fell to 73.65 after opening flat, before rebounding to the day’s high of 73.30 in late trade, helped by remittance inflows

Oct 19 2018

Rupee Stays Up On Dollar Sales by Exporters

Financial Market Overview 19th October, 2018 Noon update Indian Rupee:- The Indian rupee stayed higher against the dollar in afternoon trade, as exporters sold the greenback and lower crude oil prices helped the local currency. However, weak local shares and hawkish minutes of the Federal Reserve kept the gains in check. The rupee changed hands

Oct 19 2018

Trade idea for the day

USDJPY: The pair managed to close its hourly candle above the 200 period Simple Moving Average (SMA). RSI (14 period) is above 50 mark, indicating the strength to bulls. Our Preference: – Buy at 112.42-45 Target –112.65 Stop loss – 112.32

Oct 19 2018

Trade idea for the day

USDINR: The pair turned back after attempting the 50 period EMA resistance at 73.66. Immediate trend-line support is seen at 73.30, RSI (14 period) is hovering below 50 mark, indicating bears strength is more. Our Preference: – Sell at 73.55 Target – 73.30 Stop loss – 73.67 EURINR: After a steep fall in EURINR, the

Oct 19 2018

Rupee Opened Flat As Crude Oil Fall

Financial Market Overview 19Th October, 2018 Morning Coffee:-                                                                         MARKETS AT OPEN:- Rupee:- The Indian rupee opened flat at 73.60 per dollar on Friday versus Wednesday’s close 73.60. Rupee rose against the US dollar for the second successive session and one of the major trigger that led to the appreciation has been fall in