Gold Silver Reports (GSR) – Rupee recovers from record low against US dollar – The Indian-rupee (₹) along with Asian currencies-reversed earlier declines on Friday triggered by China weakening the yuan’s daily fixing by the most in more than two years.
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.
Expect Rupee To Depreciate Further Before Stabilising: Mizuho Bank
Expect Rupee To Depreciate Further Before Stabilising: Mizuho Bank – Mizuho Bank expects the Indian rupee to depreciate further before stabilising, its Strategist Tirthankar Patnaik said.
“Global uncertainty and higher crude prices will weigh on the rupee,” adding that the pressure on the local currency is fairly strong.
Dollar Index Hurdel 95.50 Cross With Volume Will Take Fire-Work, Think Where Gold & Crude???
Dollar Index hurdel 95.50 cross with Volume will take fire work – think where Gold & Crude???
Will It Melt Down or Sky Rocket
Technical Power of CFA’s
Rupee’s Top Forecaster Is Going Against the Crowd
Gold Silver Reports (GSR) – The rupee slid to an unprecedented 69.0925 per dollar last month. It ended up 0.1 percent at 68.7725 on Wednesday.
Dollar Index Now Down By More Than 0.2%
Gold Silver Reports (GSR) – Dollar index now down by more than 0.2% – And it is falling below the 38.2 retracement level @ 93.81 as highlighted earlier here. The continued selling momentum in the dollar following the US jobs report extends to the new week. EUR/USD just touched a session high of 1.1781 while the dollar is at the lows against the aussie, swissie, and sterling as well.
USD/INR Spot : Above 69.10 if Hold 10-15 Minutes You Will See Only Blast
USD/INR Spot : Above ₹ 69.10 if Hold 10-15 Minutes You Will See Only Blast 70——71 OR IF Trade War Contiune Target $73——$75 Need Pateince. Don’t Miss …
Dollar Yesterday Close is above All Previous Highs Achieved Throughout This Year
Gold Silver Reports (GSR) Dollar yesterday close is above all previous highs achieved throughout this year. On May 29, the dollar closed at 94.79, and on June 14 the dollar index closed at 94.77. These highs had been the highest trading points of 2018, and up until today, the dollar had never closed above 95 on the index in 2018.