Indian Rupee Value forecast to weaken further on Strong Intermediate Dollar rally

MUMBAI, Jan 21 (www.GoldTradingcalls.com) – The Indian rupee value 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 rate 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.

Happy Reading

USD INR Trend forecast bottoms for 2009 – Indian Rupee (INR) exchange rate to weaken until 1 QTR 2010.

MUMBAI, Dec 27  (www.GoldTradingCalls.com)  The dollar fell on Thursday, coming off three-month highs against a basket of currencies after weak U.S. housing data the previous day dampened optimism about the outlook for the U.S. economy.
Other Asian units were also stronger compared to the dollar.  The USD INR  should be rangebound until the year-end.  However, the rupee [...]

1 USD INR History

1 USD INR History

 
1 USD INR History – 5 Day Intraday Chart
 
===========================
Click the url to find out the Latest on Dollar Indian Rupee Currency Trading Forecast
 ==========================
Happy Trading

var addthis_pub = ”;
var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;

1 USD INR Today

1 USD INR Today

 
1 USD INR History – 5 Day Intraday Chart

==========================================================
Click the url to find out the Latest on Dollar Indian Rupee Currency Trading Forecast
==========================================================
Happy Trading

var addthis_pub = ”;
var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;

1 USD INR

                                                        1 USD INR

 
Click the url to find out the Latest on Dollar Indian Rupee Currency Trading Forecast
 
Happy Trading

var addthis_pub = ”;
var addthis_language = ‘en’;var addthis_options = ‘email, favorites, digg, delicious, myspace, google, facebook, reddit, Buzz, more’;