USDINR: Last week, the Indian Rupee traded in a range bound manner with a slight positive bias on the back of a rally in the Chinese yuan following steps by the country’s central bank and on robust domestic June-quarter growth. Download Report
USDINR: Last week, the Indian Rupee traded in a range bound manner with a slight positive bias on the back of a rally in the Chinese yuan following steps by the country’s central bank and on robust domestic June-quarter growth. Download Report
NSE USD INR (Technical): NSE USDINR Sep as seen in the weekly chart above has opened the week gap down at 82.59 levels. Same day of the week price corrected sharply and made a weekly low of 82.53 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made …
Gold: After witnessing a significant bounce back from the 5-month lows, gold prices continued to build up on the momentum from the previous week, as the yellow metal registered yet another gains of 1 percent. Download Report
NSE USD INR (Technical): NSE USDINR Aug as seen in the weekly chart above has opened the week gap up at 83.0050 levels. Same day of the week price corrected and made weekly low of 82.98 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly …
USDINR: In the holiday shortened last week, the Indian Rupee raded in a range bound manner with a slight weaker bias on account of opportunistic dollar buying by importers and banks at lower levels. Apart from this, India’s retail inflation in July’23 soared to 7.44% from Q1’s average of 4.6% (April to June), exceeding the monthly …
Gold: Extending a cut from the previous week, gold prices breached the $1900 per ounce mark, hitting its lowest point since June end and concluding below the same. This drop was triggered by rising 10-year U.S. Treasury yields, reaching a 10-month high and making them more appealing than non-interest bearing gold. Download Report
NSE USD INR (Technical): NSE USDINR Aug as seen in the weekly chart above has opened the week gap up at 82.7750 levels. Same day of the week price rallied and made weekly high of 82.95 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …
USDINR: In the initial few days of the last week, the Indian Rupee traded with a stronger bias on account of huge influx of IPO related funds into the system. The Reserve Bank of India has possibly been selling dollars to prevent the rupee from weakening below what is regarded a highly important level. Download Report
Gold: After weeks of posting marginal gains, gold prices in the recently concluded week ended with over 1 percent cut, giving up all of the gains. The precious metal began strong, enjoying a 2.1% gain in July, supported by central banks’ cautious monetary stances and improved European economic growth. Download Report
USDINR: Last week, the Indian Rupee weakened by 0.72 percent pressured by the dollar’s move higher versus its major peers and Asian currencies. Apparently, the ratings agency Fitch cut the U.S. credit rating from AAA to AA+, citing “expected fiscal deterioration over the next three years.” Download Report