Dollar rupee forecast: Indian rupee makes a Intermediate bottom at INR 43.30 and rallies

MUMBAI, May 08 - Dollar rupee makes a intermeidate bottom at INR 43.30 and rallies. The Indian rupee pulled back from its near six-week low on Friday morning and was largely stable as exporters stepped up dollar selling, with positive local shares helping, but it remained under pressure due to a strong U.S. unit. The partially [...]

Dollar rate forecast| USD makes a trading bottom at 72.68 and rallies.

MUMBAI, May 06 - Dollar rate index makes a trading bottom at 72.68 against a basket of currencies and rallies to  74.04 .DXY, having risen 1.5 percent on Thursday, its biggest gain in over six months. It’s well off a three-year trough of 72.68. The catalyst for the dollar’s rebound was a massive fall in commodities on Thursday. Brent [...]

Indian rupee hits 1-week low closed at INR 46.30 per USD

MUMBAI, Feb 19 (www.GoldTradingCalls.com) The Indian rupee fell to its lowest in more than a week on Friday after the USD climbed following the Federal Reserve’s lending rate, but still notched gains for the week.

Indian rupee price drop 16 paise to INR 46.27 vs USD,Weak run continues further

MUMBAI, Feb 19. The Indian rupee trend continued its weak run in the recent past and weakened on Thursday as the dollar climbed overseas, triggering demand for the USD unit from importers. Lower domestic shares also affected sentiment.

Indian rupee slump on firmer USD closed at INR 46.27 about 0.3% lower than Wednesday’s close

MUMBAI, Feb 18 (www.GoldTradingCalls.com) The Indian rupee weakened on Thursday as the USD climbed overseas, triggering demand for the US unit from importers. Lower domestic shares also weighed.

Indian Rupee higher on bunched-up USD inflows, INR at 46.39 per USD

MUMBAI, Feb 15 (www.GoldTradingCalls.com) The rupee rose on Monday as some bunched-up USD inflows helped the unit in the absence of cues from Asian peers, with a seesawing lower local sharemarket providing little direction

Indian Rupee slips 46 paise against strong USD touches month-low INR 46.75

MUMBAI, Feb 06 – The rupee slipped against the US dollar on Friday, tracking the weak domestic equity markets and the stronger greenback in the international market. The Indian currency lost 46 paise to a US dollar, touching a month-low at INR 46.75.

Indian Rupee’s exchange rate to USD still a demand

MUMBAI, Feb 01 (www.GoldTradingCalls.com) The country’s fourth largest software exporter HCL Technologies today said volatility in rupee’s exchange rate is a major challenge for the company

Usd Inr Exchange Rate Opens Marginally Lower On Weak Stocks to closed at USD INR 46.230

MUMBAI, Jan 24 (www.GoldTradingCalls.com) USD INR Exchange Rate for the front month contract on NSE continued to hover below Rs 46 per USD dollar to close at USD INR 46.230.

USD INR trend forecast to weaken further on Strong Intermediate Dollar rally

MUMBAI, Jan 21 (www.GoldTradingcalls.com) – The Indian rupee continues to weaken aganist the USD from a Intermedaite low reached on new two-week lows on 12th Jan at USD INR at 45.09.
We expect USD INR to weaken further in the days to come. The chart clearly shows the the USD INR on a Inter mediate rally spree which commenced on Jan 12th. We have over layed USD index on the charts and it clearly shows USD INR has a positive corelation and mimics USD.

So what does it fortell to our Indian Markets future course for the new few weeks ? Keep checking my other post on my site.

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