Indian Rupee trades marginally higher against U.S. Dollar, Stay Bearish only Below 69.60 Mark
The Indian rupee on Thursday strengthened marginally against the US dollar tracking gains in other Asian currencies.
Currencies
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J.P. Morgan Updates: Buy USD/INR 1y ATM Straddles Vs. Sell AUD/USD 1y Straddles, p/l: 0.0 vol
South Korean WON Trades Marginally Lower as Manufacturing BSI Data Misses Expectations
✅ We prefer to take long position on EUR/KRW only above 1,330, stop loss 1,320 and target of 1,358.
✅ EUR/KRW is currently trading around 1,329 mark.
Indian Rupee Strengthens Noticeably Against U.S. Dollar
USDINR Currencies Updates : – It made intraday high at 70.42 and low at 69.34 marks.
Technical Analysis – GBP/USD Gains some Ground But still below Descending Line
This level has become a key threshold for GBP/USD rates in recent times, with the current economic climate restricting any major advancements for the pound.
USDINR Future Long Term Outlook below 70, Downside Expected levels 68.40 – 67.10
USDINR future Long Term Outlook below 70, Downside Expected levels 68.40 – 67.10
Rupee Turns Positive for 2019 Against US Dollar
Gold Silver Reports (GSR) – Indian rupee on Tuesday turned positive for 2019 against US dollar as foreign investors continued to buy in equities and debt ahead of general elections. At 9.15 am, the rupee was trading at 69.71 a dollar, up 0.24% from its previous close of 69.89. The home currency opened at 69.75 a dollar and touched a high of 69.69.