Monday, 11 June 2018

Good Morning!

Asian equities shook off initial modest losses and edged up today ahead of a U.S.-North Korea summit that might ease regional tensions, while investors also start on to watch key central bank meetings later this week.
With the U.S. Federal Reserve almost unanimously expected to raise interest rates for the second time this year, market focus is on the Fed's projection on the future path of interest rates.
The Dollar index trades close to 93.50.
The Indian Rupee is seen as an opening at 67.48 a dollar and is expected to play the 67.35-67.85 range for the day.

Karvy Forex

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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.