Today"s currency pairs (20th February 2020)
  • posted by IMV |
  • 20/2/2020

   Rupee opened on a negative note against the US Dollar in the early morning after a trading day off. High volatility is seen in the currency segment as Gold is touching new highs. Market shall remain closed tomorrow on account of Maha Shivratri, trade cautiously! Foreign Institutional Investors allegedly sold stocks worth of Rs 374.06 crore on Monday. The US 10- year bond is trading at 6.39 percent.  Technical outlook:...

Currency Levels (18th February 2020)
  • posted by IMV |
  • 18/2/2020

Rupee opened on a flat note against the US Dollar in the early morning amid mixed sentiments in the market. On one hand, negativity in the domestic equity market is weighing down on Rupee while positive sentiments in the market after Coronavirus patients got cured in India is supporting the Domestic currency. Foreign Institutional Investors allegedly sold stocks worth of Rs 374.06 crore on Monday. The US 10- year bond is trading at...

CURRENCY WEEKLY REPORT (17TH FEB - 21ST FEB 2020)
  • posted by IMV |
  • 17/2/2020

     The world market is awaiting the developments regarding the cure of Coronavirus. The rupee traded in a range in the previous week amidst the mixed sentiments in the market. China reported 100 new deaths on Sunday out of the total of 1933 affected people. While China is also saying that their efforts to eradicate the spread of Virus is bearing fruits as the number of confirmed cases has fallen. China is one of...

Is the fall in EURUSD persistent?
  • posted by IMV |
  • 14/2/2020

 EURUSD Before stepping on the technicalities of the fall in EURUSD, we would like to stress the fact that Euro Zone is a manufacturing-based and slight change in the factors affecting the manufacturing, can take Euro to places. This Wednesday, EUR Industrial Production m/m came out to be -2.1% against the expected figure of -1.8%, the reason is evident and no stranger to anyone, the outburst of Coronavirus. Euro being...

Today's Currency Pairs  (14th February 2020)
  • posted by IMV |
  • 14/2/2020

Rupee opened on a flat note against the US Dollar in the early morning amid mixed sentiments in the market. On one hand, positivity in the domestic equity market is supporting Rupee while rising prices of Crude is weighing down on it. Foreign Institutional Investors allegedly sold stocks worth of Rs 209.39 crore on Tuesday. The US 10- year bond is trading at 6.48 percent.  Technical outlook: (February 2020) Dollar...

Currency Levels (13th February 2020)
  • posted by IMV |
  • 13/2/2020

 Rupee opened on a flat note against the US Dollar in the early morning amid mixed sentiments in the market. On one hand, positivity in the domestic equity market is supporting Rupee while rising prices of Crude is weighing down on it. Foreign Institutional Investors allegedly sold stocks worth of Rs 209.39 crore on Tuesday. The US 10- year bond is trading at 6.48 percent.  Technical outlook: (February 2020) Dollar...

Currency Levels (11th February 2020)
  • posted by IMV |
  • 11/2/2020

  Rupee opened on a positive note against the US Dollar in the early morning as the market is awaiting Delhi elections result, the market is likely to be volatile. Foreign Institutional Investors allegedly bought stocks worth of Rs 161.93 crore on Friday. The US 10- year bond is trading at 6.43 percent.  Technical outlook: (February 2020) Dollar Index Dollar index has its support at 98.60 and resistance is...

Currency weekly  Reoprt  (10th Feb - 14th Feb 2020)
  • posted by IMV |
  • 10/2/2020

     In the previous week, Rupee traded in a range with a negative bias as the global equity markets took a dip  affected by risk development after China reported an increase in infections from the new Coronavirus. In  the previous, RBI kept its interest unchanged at 5.15% in its Bi-monthly policy meets   and to hold the accommodative stance. The GDP data stood at 4.5% lower than the previous quarter. Earlier this...

Currency Levels (10th February 2020)
  • posted by IMV |
  • 10/2/2020

Rupee opened on a flat note against the US Dollar in the early morning after RBI kept its interest rates unchanged in its Bi-monthly policy meet. Foreign Institutional Investors allegedly sold stocks worth of Rs 366.1 crore on Tuesday. The US 10- year bond is trading at 6.51 percent.  Technical outlook: (February 2020) EURUSD It has major support at 1.0940 and resistance is 1.0980.  Break and sustain above...

Currency Levels (7th February 2020)
  • posted by IMV |
  • 07/2/2020

Rupee opened on a flat note against the US Dollar in the early morning after RBI kept its interest rates unchanged in its Bi-monthly policy meet. A positive move in the domestic equity market is supporting the Rupee. Foreign Institutional Investors allegedly sold stocks worth of Rs 366.1 crore on Tuesday. The US 10- year bond is trading at 6.51 percent.   Technical outlook: (February 2020) EURUSD It has major...