FX Insights USD/INR Spot reference {77.54}: Yesterday, USD/INR had a gap up opening at 77.6900 levels tacking higher dollar index and crude oil against the Friday close of 77.4500.After opening we saw the pair briefly went up to 77.7975 levels where selling emerged. Later in the afternoon session the pair was trading throughout the day…
FX Insights USD/INR Spot reference {77.75}: Friday, USD/INR had a slight gap down opening at 77.3400 levels tacking improved sentiment in global equities against the previous day close of 77.4150.During the day we saw importers covering below 77.3000 levels however in the first session the pair were trading both ways in a very tight range…
Fx Insights Yen especially. USD/JPY has dropped sharply, Other currencies have lost ground against the dollar to varying extnets, taking yen crosses even more sharply down In Asia on Monday morning, the dollar was down, as it began the week around a 20-year high. However, due to concerns over global development, investors are flocking to…
FX Market Insight USD/INR Spot reference {77.55}: Yesterday, USD/INR had a gap down opening at 77.2050 levels against the previous day close of 77.33. We saw importers covering below 77.20 levels however the pair was not able to cross even 77.30 levels on account of IPO related dollar inflows and improved sentiment in the global…
FX Market Insight USD/INR Spot reference {77.28}: Yesterday, USD/INR had a gap down opening at 77.2900 levels after three days sharp up move against previous day close of 77.4650. In the morning session, we saw selling interest in the market due to IPO related dollar inflows and improved sentiment in the global equity market. Later…
FX Market Insight USD/INR Spot reference {77.36}: Monday, USD/INR had a sharp gap up opening above all time high at 77.1250 levels on account of negative sentiment in global equities against Friday close of 76.9150. After opening the pair traded sharply higher and we saw continuous dollar buying throughout the day which took the pair…
FX Market Insight USD/INR Spot reference {77.34}: Friday, USD/INR had sharp gap up opening at 76.6200 levels tracking sharp selloff in Asian equities and Chinese Yuan depreciation against previous day close of 76.2550. After opening the pair briefly went up to 76.7200 levels from where it saw appreciation and slowly it came down near 76.5700…
Is China and Russia ensuring downfall of US economy When Russia moved on Ukraine. NATO responded with sanctions. The impact of those sanctions on the economies of NATO countries has been devastating. Inflation is rampant throughout these countries and GDP growth projections show drops of up to 4 percentage points . A further two weeks after Russia’s…
FX Market Insight USD/INR Spot reference {76.67} Yesterday, USD/INR had a sharp gap down opening at 76.1600 levels against previous day close of 76.4125. After opening we saw continuous selling in the first half of the trading session which gradually dragged the pair to a low of 76.00 levels. The pair then traded higher during…
Forex Insights USD/INR Spot reference {76.15}: Yesterday, USD/INR had a gap down opening at 76.4600 levels against Monday’s close of 76.5100. After opening the pair came down near 76.40 levels where buying emerged and gradually the pair went up to 76.5750 levels tracking negative sentiment in the equity market. We saw selling interest due to…
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