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Related Forex News

  • Day trading guide for Tuesday

    Oct 26, 2020, 06:43PM IST

    ​​​Broader markets, on expected lines, have relatively outperformed the benchmark during the previous week. We expect the broader market to endure its relative outperformance amid ongoing Q2FY21 result season.

  • Rupee settles 23 paise lower at 73.84 against US dollar

    Oct 26, 2020, 03:40PM IST

    During the session, the domestic unit witnessed an intra-day high of 73.69 and a low of 73.88 against the US dollar.

  • Aggressive dollar buying by RBI, nationalized banks could have a China angle

    Oct 25, 2020, 03:29PM IST

    The ploy to weaken the rupee could be part of a multi-pronged strategy to apply pressure on China given the geopolitical tensions.

  • Rupee ends 7 paise lower against US dollar

    Oct 23, 2020, 03:14PM IST

    During the session, the local unit witnessed an intra-day high of 73.46 and a low of 73.67 against the US dollar.

  • Rupee opens 11 paise down at 73.65 against dollar

    Oct 23, 2020, 11:11AM IST

    For the day, brokerage Motilal Oswal Financial Services expects momentum for the rupee to remain low and trade with a negative bias in the range of 73.20 and 73.80.

  • Day trading guide for Friday

    Oct 22, 2020, 07:35PM IST

    Today, the Nifty has formed an "inside body" formation that generally helps the market to give decisive moves.

  • Rupee settles 4 paise higher at 73.54 against US dollar

    Oct 22, 2020, 03:11PM IST

    During the session, the domestic unit witnessed an intra-day high of 73.53 and a low of 73.78 against the US dollar.

  • Day trading guide for Wednesday

    Oct 20, 2020, 07:17PM IST

    FIIs net position on index futures stand at 55,000 long contracts. Also, in cash market FIIs have been net buyers of stocks to the tune of Rs. 8000 crores in month of Oct.

  • Day trading guide for Tuesday's market

    Oct 19, 2020, 05:57PM IST

    ​​​We believe the broader market indices have approached its maturity of price wise and time wise correction. As seen since 2009, post a sharp up move (more than 25 per cent) in the Nifty midcap and small cap indices, the intermediate average correction is to the tune of 12-15 per cent.

  • Rupee opens 3 paise down at 73.38 against dollar

    Oct 19, 2020, 10:30AM IST

    On the domestic front, lack of cues kept the volatility low for the currency. Appreciation for the rupee remained capped as the RBI continues to intervene to cap the volatility for the currency.

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