Tuesday, 23 January 2018

 Good Morning!

Asian market trading on positive note on Tuesday morning, after the US senators struck a deal to end a three-day government shutdown, sending global American indexes to record highs

The U.S. dollar index, which measures the greenbacks traded on a muted against its peers after the shutdown deal, while Pound reaching its highest level since June 2016’s vote for Brexit, on optimism that Britain will reach a favorable divorce deal with the European Union

Dollar-rupee expected to open flat near 63.85 against the previous closing of 63.87 and expected to trade in a range of 63.70-64.05 for the day, with equities markets driving the pair.

No comments:

Post a Comment

Volume and Open Interest suggesting an accumulation in USDINR

USDINR futures prices were seen consolidating while  volumes  and OI were seen increasing suggesting accumulation.