USDINR: Last week, the Indian Rupee traded in a range bound manner on account of persistent RBI intervention and lack of important events in the markets that could stir up volumes. The trend of US Dollar Index was mute too to provide any influence to the local unit. Download Report
Gold: Gold prices continued to witness a weak closing on a weekly basis, as it concluded with a 0.2 percent dip. The prices began with a rebound on Monday, showings signs of a rebound, driven by concerns over political unrest in Russia, increasing demand for the precious metal as a safe haven. Despite a slight rebound, …
Gold: Gold’s weekly performance was marked by a decline as the US dollar rebounded, diminishing its appeal to buyers using other currencies. On Tuesday, gold faced further weakness due to strong US housing starts data and a firmer dollar. Further, the market waited eagerly for the US Federal Reserve Chair, Jerome Powell’s testimony, as it was …
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 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. …
