Currencies
At Gold Silver Reports, we deliver timely currencies news and forex updates covering USD, INR, EUR, GBP, and global forex markets. Our expert insights and daily analysis help traders and investors track price trends, exchange rates, and market movements effectively.
EUR/USD Consolidation May Finally be Coming to an End – Gold Silver Reports
Gold Silver Reports (GSR) – The sideways movement has also narrowed in the last five weeks. A view of the daily time frame shows what appears to be a narrowing wedge. Resistance extends from the June 14th high while support begins with the June 21st low.
Rupee Advances Against Dollar, Hits 6-Week High
Gold Silver Reports (GSR )- Rupee Advances Against Dollar, Hits 6-Week High – Rupee rose 16 paise to six week high of 68.26 per dollar after the central bank maintained a neutral stance at its policy review on Wednesday, much to the relief of many investors.
The MPC’s decision to hike repo rate by 25 basis points while retaining the neutral stance reiterates the view of a shallow rate-hike cycle amid increasing global and domestic uncertainties, according to analysts at Kotak Mahindra Bank.
USD/INR Report – Above 69 Only Blast 69.10—69.15 | Neal Bhai Reports
USD/INR Report – Above 69 Only Blast 69.10—69.15, Where Above 69.25 Hurdel Cross and Close above, We See Blast Target 70 or My Ultimate Target 74, Just Need Patience
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
“No Magic, No Miracle, Just Power of Level”
Rupee Weakens Further Against US Dollar
Gold Silver Reports (GSR) – The Indian rupee weakened along with emerging market currencies as the US dollar advanced on the back of higher US Treasury …
Rupee Trades Higher Against US Dollar
Gold Silver Reports (GSR) – Rupee trades higher against US dollar – The Indian rupee strengthened against the US dollar, tracking gains in local equity and Asian currencies market.
At 9.15am, the rupee was trading at 68.72 a dollar, up 0.20% from its previous close of 68.85. The currency opened at 68.77 a dollar.
The 10-year bond yield stood at 7.788%, from its Friday’s close of 7.786%. Bond yields and prices move in opposite directions.
Rupee Kiss All-Time Low – Fir Bhi Mera Desh Mahan
Gold Silver Reports (GSR) – Rupee Hits All-time Low – Bond traders in India will be keenly watching the rupee’s movement while an auction of Rs 12,000 crore of sovereign debt will also provide cues for next week.