Gold: Gold prices experienced a marginal 0.3 percent increase for the week, responding to various factors that influenced market sentiment. The fluctuations of the U.S. dollar near one-year lows made gold relatively more affordable for buyers holding other currencies. However, investor caution prevailed as they awaited signals from the Federal Reserve regarding its monetary tightening plans. …
NSE USD INR (Technical): NSE USDINR Jul as seen in the weekly chart above has opened the week gap up at 82.22 level. Same day of the week price rallied and made weekly high of 82.2425 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …
USDINR: Last week, the Indian Rupee traded with a stronger bias mostly on account of huge influx of funds into the system. The US Dollar Index too was into the bearish territory which further supported the Indian currency. Download Report
NSE USD INR (Technical): NSE USDINR Jul as seen in the weekly chart above has opened the week gap down at 82.71 level. Same day of the week price rallied and made weekly high of 82.715 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …
USDINR: Last week, the Indian Rupee appreciated by almost 0.69 percent on account of huge influx of funds into the system. The US Dollar Index too was into the bearish territory which further supported the Indian currency. Download Report
Gold: Last week, the gold prices traded mostly in a bullish manner after data showed U.S. consumer prices in June registered their smallest annual increase in over two years, prompting bets the Federal Reserve could soon end its rate-hike cycle. Download Report
Gold: Gold prices initially rose due to weaker U.S. dollar and Treasury yields, driven by uncertain economic readings and the Federal Reserve’s hawkish policy outlook. However, concerns about a prolonged rate hike cycle and a stronger dollar caused gold prices to decline. The release of the Federal Reserve’s meeting minutes confirmed expectations of higher interest rates, …
NSE USD INR (Technical): NSE USDINR Jul as seen in the weekly chart above has gap down opened at the 82.1250 levels. Same day of the week price corrected sharply and made a weekly low of 81.8275 levels. Later on, price could not able to sustain on lower levels, rallied sharply and made weekly high of …
USDINR: Last week, the Indian Rupee initially traded with a stronger bias on account of huge influx of funds into the local system along with an upbeat risk appetite and a further uptick in U.S. yields. Sharp gains were restricted, and the local unit weakened sharply towards the end of the week on account of opportunistic …
USDINR:The overall trend of the Rupee in Jun’23 was mostly strong on account of huge influx of funds into the system coupled with persistent intervention by the RBI in the spot market. In Jun’23 RBI Policy, the committee kept the Repo Rate unchanged at 6.50% and maintained the policy stance at ‘withdrawal of accommodation while …
