Thursday, 22 February 2018

Good Morning!

Fed's January meeting pushed benchmark U.S. Treasury yields to a four-year high. US stocks closed lower yesterday in a rocky session. Asian equities follow the footsteps today.
The dollar index traded near a one-week high today near the 90 mark, rising after minutes of the Federal Reserve's January meeting showed policymakers were more confident of the need to keep raising interest rates..
The Indian Unit is seen opening at 65.05 and expected to trade bullish between 64.80-65.20 for the day.

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.