Buy USDINR: Immediate resistance placed around 63.60 level | Outlook on currencies | Investment Idea | Indianotes.com

USDINR: USDINR futures opened slightly lower in the last session and prices consolidated for the whole session in the range of 63.80-64.00 levels. Prices have corrected slightly in the previous two sessions after breaking out from its short term declining trend line resistance. Prices are expected to take support around current levels and recover towards immediate resistance placed around 64.65 […]

» Read more

Rupee to trade around 63.75-63.90 per dollar, bond yields to remain within 7.45-7.49%: Bhaskar Panda

Bhaskar Panda of HDFC Bank says the dollar index has been hovering around 90 levels. He says, the dollar-rupee was buoyed by positive debt-related announcement from the government and expects the pair to trade in a range of Rs 63.75-63.90 per dollar today. He further said that bond yields have been volatile off late. He says, the 10-year benchmark yield […]

» Read more

Buy EURINR: Immediate resistance placed around 79.45 level | Outlook on currencies | Investment Idea | Indianotes.com

USDINR: USDINR futures opened flat in the last session and prices consolidated for most of the session in the range of 63.90-64.10 levels. Prices have taken support around current levels after breaking out from its short term declining trend line resistance and are expected to recover further towards immediate resistance placed around 64.65 level. On the lower side immediate supports […]

» Read more

Rupee rebounds 16 paise to 63.88 a dollar

Showing an impressive resilience, the rupee bounced back in style after a brief overnight crash and ended higher by 16 paise at 63.88 against the US currency on bouts of dollar selling by exporters and banks. The government’s decision to slash its additional borrowing requirement for the current fiscal to Rs 20,000 crore from Rs 50,000 crore, estimated earlier, literally […]

» Read more

Buy USDINR: Immediate resistance placed around its recent swing high of 64.44 | Outlook on currencies | Investment Idea | Indianotes.com

USDINR: USDINR futures opened slightly higher with gap in the last session and prices recover further for the whole session till high of 64.21. Prices have broken out from its short term declining trend line resistance in the last session and are expected to recover further towards immediate resistance placed around its recent swing high of 64.44. On the lower […]

» Read more

Indian rupee drops 21 paise against US dollar in late morning trade

The rupee extended losses in late morning trade, dropping by 21 paise to 63.70 against the greenback in late morning deals on sustained dollar demand from importers and banks amid widening trade deficit. The rupee came under pressure as trade deficit widened to three-year high at USD 14.88 billion in December,government data showed yesterday, imports surged nearly 21.1 per cent […]

» Read more
1 2 3 8