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10 Jan 2018
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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Currency Positional: Buy USDINR (Jan) FUT @ 63.59 Tgt1 64.7 SL 63.08.Bullish Harmonic pattern. Double bottom and positive crossover on Stochastic.RSI turning northwards from oversold territory.
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29 Dec 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Indian rupee on Thursday recovered its previous session losses to close the day positive by 7 paise higher at 64.08 against U.S. currency on back of sell off in dollar by banks. Earlier, Rupee..
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21 Dec 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Indian rupee on Wednesday firmed by 0.5 paise to 64.00 against the dollar after the U.S. currency lost its gains before Republican tax cut package move was approved by the U.S. senate.
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01 Dec 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Rupee on Thursday depreciated by 13 paise against U.S. Dollar after remaining strong for previous three sessions after the governments fiscal deficit touched 96% of the full year estimate...
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24 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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On Thursday, Indian rupee appreciated by 12 paise to close at 64.80 against the U.S. currency as supply of dollar rose because banks and exporters unwound their dollar bets.
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22 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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The Indian rupee yesterday appreciated by 22 paise to close near its two week high after witnessing a one day pullback on Tuesday. Indias rating upgrade from stable to positive by...
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21 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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The Indian rupee on Monday retreated from its one-week high to close lower by 10 paise at 65.11 as demand for dollar was seen gaining. Rebound in crude oil prices also added pressure,...
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20 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Indian rupee on Friday gained by 64 paise to 64.68 against the dollar in morning trade following international rating agency Moody's upgrade on India from Baa3 to Baa2. The agency changed...
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17 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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Economy Update
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The Indian rupee on Thursday opened 7 paise down at 65.28 against dollar on account of buying of American currency by banks and importers. Foreign investors stood net buyers in equity markets...
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16 Nov 2017
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Rupee and Forex Movement
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Edelweiss
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The Indian rupee yesterday gained by 21 paise to close at 65.21 against the Dollar retracing more than fifty percent of its weakness seen last week despite widening fiscal deficit.
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