The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
Indian Rupee
GBPUSD Longs Favored Above 1.3050
GBPUSD bulls also took out descending channel resistance on the 25th of last month. I pointed out this new support area last Sunday.
USD Picture Stays Muddy After US Jobs Report
Gold Silver Reports (GSR) – The USD picture is clear as mud at the moment – with recent commodity dollar breakouts versus the greenback not seeing further progression today and USD/EM trade consolidating after their recent big run lower.
USDINR Report — Buy Between 70.50– 70.90 Target – 71.80 — 72.10
USDINR Report — Buy Between 70.50– 70.90 Stop Loss 70.20 Target – 71.80 — 72.10 Any Panic Buy and Relaxxxxxxxxx Technical Power of CFA’s(CHARTRED FINANCE ANALYST)“No …
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience — Neal Bhai Repors (INDIA)
Indian Rupee opened Higher at 71.70 per Dollar Against Yesterday’s Close of 72.02.
Indranil Pan, economist at IDFC Bank said that fading inflation risks will offer RBI room to provide greater flexibility to adjust rates either way depending on what’s needed.
Rupee Weakens For Third Day
The Indian rupee weakened for the third day in a row against the U.S. dollar. The home currency depreciated 0.44 percent intraday to 72.18 against the greenback.