Monday, 22 January 2018

Asian market trading on a mixed note on Monday as investors kept an eye on political developments in the U.S. after a government shutdown began last week. 
The U.S. dollar index, which measures the greenbacks traded on a muted against its peers as US shutdown dented the sentiment of the market's players, but investors taking wait n watch stance on development in Washington

Dollar-rupee expected to open marginally higher near 63.87 against the previous closing of 63.84 and expected to trade in a range of 63.65-64.05 for the day, with 63.75 acting as a pivot for the day 

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Volume and Open Interest suggesting an accumulation in USDINR

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