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Watch Tips USD/INR Spot – USD/INR Spot ; Keep Eye on 71.15, Daily Chart Show Target – 71.80 Ultimate Target 74$ Very Very Soon Wait For Ultimate …
USD/INR Spot ; Keep Eye on 71.15, Daily Chart Show Target – 71.80 Ultimate Target 74$ Very Very Soon – Neal Bhai Reports Technical Power of …
The US dollar has steadied after pulling back in recent days, but the downside correction does not appear complete, and month-end flows are still a risk to picking a dollar-bottom.
Gold Silver Reports (GSR) – As the rupee remains below the 70 mark to a dollar, having weakened the most among Asian peers so far this year, analysts said it’s expected to boost earnings for software exporters and pharmaceutical companies and hurt sectors with high dollar-denominated debt.
India’s foreign exchange reserves fell by $33.2 million to $400.847 billion in the week to 17 August mainly due to fall in foreign currency assets, according to RBI data.
In the previous week, the forex reserves had witnessed a drop of $1.822 billion to $400.881 billion.
This Great Graphic depicts what appears to be a head and shoulders top in the hourly bar chart of the Dollar Index. The neckline is found near 96.00 and rotating the pattern along it produces a measuring objective near 95.00.
Forex Upate : EUR/USD Watch 1.15650, If Hold Above Big Blast on Chart – Think MCX Gold and INR???? Suppose Not Break This Level You Will …