Commodities - Angel One

USDINR: In the holiday shortened week, the Indian currency traded in a range bound manner with a slight weaker bias after the US Federal Reserve Chair Jerome Powell opened the door for a 50 basis point (bps) hike at this month’s meeting. Download Report

NSE USD INR: Mar as seen in the weekly chart above has opened the week gap down at 81.8825 levels. Same day of the week price rallied and made weekly high of 83.09 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly low of 82.02 …

Gold: It looks like all the recent weakness witnessed in gold, comes to a pause, as the yellow metal rose for the recently concluded week. Bullion prices posted gains of over 2 percent. With this up-move, gold prices have recouped the losses from the previous week. Download Report

USDINR: Last week, the Indian Rupee appreciated by almost 0.95 percent on account of the faded rally seen in the American currency. Moreover, the RBI is too actively selling dollars to protect the crucial 83.00 levels. Download Report

NSE USD INR: USDINR Mar as seen in the weekly chart above has opened the week gap up at 82.99 levels. The same day of the week price allied and made a weekly high of 83.09 levels. Later on, the price could not able to sustain at higher levels, it corrected sharply and made a weekly low …

Gold: Weakness in the yellow metal continues to yet another week, as gold prices slip over 1 percent in the recent concluded week. Gold prices fell more than 1% in the most recent week, indicating that the yellow metal will remain weak for yet another week. Download Report

NSE USD INR: USDINR Feb as seen in the weekly chart above has opened the week gap down at 82.6850 levels. At mid-day of the week price corrected and made weekly low of 82.61 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly high of …

USDINR: In the last week, the Indian Rupee traded in a strict range bound manner on account of sluggish Asian markets coupled with persistent RBI intervention who have been selling dollars to prevent the rupee from weakening below the 82.90-83.00 levels. Download Report

US dollar holds high significance across the globe as it accounts for more than 85 percent of the trading volume in the entire gamut of forex market. This makes US dollar undoubtedly the most important and strategic currency traded in the forex market. The new law at Bretton Woods Major countries that fought the Word …

NSE USD INR: USDINR Feb as seen in the weekly chart above has opened the week gap down at 82.6850 levels. At mid-day of the week price corrected and made weekly low of 82.61 levels. Later on, price could not able to sustain on lower levels, it has rallied sharply and made a weekly high …