Commodities - Angel One

USDINR: The initial trend of last week was strong for the Indian currency on account of probable corporate related inflows into the system as foreign investors get impressed by Modi’s visit to the US. Towards the end, the local unit weakened on back of higher DXY after the US Federal Reserve Chair Jerome Powell’s hawkish comments …

NSE USD INR (Technical): NSE USDINR July as seen in weekly chart above has open the weekly at 82.04 levels. Same day of the week price corrected sharply and made a weekly low of 81.9550. Later on, price rallied sharply and made weekly high of 82.2775 .This week prices have closed above previous week closing of …

NSE USD INR (Technical): NSE USDINR Jun as seen in weekly chart above has open the weekly gap up levels. During this week open amd high was the same levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly low of 81.8975 levels. This week prices …

USDINR: Last week, the Indian Rupee appreciated by around 0.65 percent touching the higher levels of 81.85 on account of bunched up corporate inflows coupled with sharp fall in DXY. This strength is likely to continue today as well tracking the positive sentiments in Asian markets after a rally in stocks linked to artificial intelligence drove …

Gold: Gold prices in the recently concluded week ended on a flat note, as it traded near to 3-month lows. Gold prices experienced a downward trend during the week due to a stronger dollar and hints of interest rate hikes by the US Federal Reserve. The increase in US Treasury yields and the strengthening of the …

NSE USD INR (Technical): NSE USDINR Jun as seen in the weekly chart above has opened the week gap up at 82.41 levels. At opening of the week price open and low weekly remain same at 82.41 levels. Later on, price rallied sharply and made high of 82.75 levels. This week prices have closed above previous …

Gold: Gold prices continued to remain subdued for the recently concluded week, after witnessing minor gains in the prior week. The positive momentum from the previous week continued as prices began on a positive note, as supported by sluggish US services sector growth which increased expectations that the Federal Reserve would keep interest rates steady. Download …

USDINR: Last week, the Indian Rupee traded in a range-bound manner with a slightly weaker bias on account of corporate dollar buying coupled with persistent RBI intervention in the spot market. In its recent policy, the RBI committee kept the Repo Rate unchanged at 6.50% and maintained the policy stance withdrawal of accommodation while supporting growth. …

Gold: Weeks after the yellow metal had seen consecutive lower closings, gold prices rallied and managed to conclude the week with minor gains of 0.2 percent. This week, prices started off on a higher note, rising 1% as they recovered from their lowest level in more than two months as the dollar retreated from recent highs, …

NSE USD INR (Technical): NSE USDINR Jun as seen in the weekly chart above has opened the week gap up at 82.90 levels. Same day of the week price rallied and made weekly high of 82.9775 levels. Later on, price corrected sharply and made weekly low of 82.6650 levels. Download Report