NSE USD INR (Technical): NSE MCX USDINR Sep as seen in the weekly chart above has opened the week gap down at 82.7750 levels. Same day of the week price made a weekly low of 82.7450 levels. Later on, price rallied sharply and made weekly high of 83.28 levels. Download Report
Gold: Post a series of gains in the yellow metal, the previous week saw the metal giving up over 1 percent gains. Gold prices slipped to a one-week low as investors turned to the U.S. dollar amidst weak data from China. Download Report
USDINR: Last week, the Indian Rupee traded in a range-bound manner with a slight negative bias owing to higher DXY on weak risk and rising U.S. Treasury yields. U.S. Treasury yields rose with the 10-year yield now about ten basis points shy of the recent high. Download Report
USDINR: The first half of Aug 2023 saw Rupee appreciating towards 82.30 levels on account of huge influx of IPO related funds into the system. The Reserve Bank of India was seen selling dollars to prevent the rupee from weakening below what is regarded a highly important level. Also, in its recent policy the RBI paused …
USDINR: Last week, the Indian Rupee traded in a range bound manner with a slight positive bias on the back of a rally in the Chinese yuan following steps by the country’s central bank and on robust domestic June-quarter growth. Download Report
NSE USD INR (Technical): NSE USDINR Sep as seen in the weekly chart above has opened the week gap down at 82.59 levels. Same day of the week price corrected sharply and made a weekly low of 82.53 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made …
Gold: After witnessing a significant bounce back from the 5-month lows, gold prices continued to build up on the momentum from the previous week, as the yellow metal registered yet another gains of 1 percent. Download Report
NSE USD INR (Technical): NSE USDINR Aug as seen in the weekly chart above has opened the week gap up at 83.0050 levels. Same day of the week price corrected and made weekly low of 82.98 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly …
USDINR: In the holiday shortened last week, the Indian Rupee raded in a range bound manner with a slight weaker bias on account of opportunistic dollar buying by importers and banks at lower levels. Apart from this, India’s retail inflation in July’23 soared to 7.44% from Q1’s average of 4.6% (April to June), exceeding the monthly …
Gold: Extending a cut from the previous week, gold prices breached the $1900 per ounce mark, hitting its lowest point since June end and concluding below the same. This drop was triggered by rising 10-year U.S. Treasury yields, reaching a 10-month high and making them more appealing than non-interest bearing gold. Download Report
