Posts tagged dollar rate

Currency markets at crucial point….

Markets seem to come out of the consolidation mode and increase in risk appetite saw the US Dollar being sold across the board. Almost all markets closed in the green and all currencies except the JPY saw strength against the greenback. The Dollar index closed below a key support level More >

Indian Economy – Review and Analysis, February 2010

Readers, as promised, we have posted the market review for February without delay this time. Month of February witnessed the most important calendar event for Indian economy, the Budget 2010. Our reports on the same would have kept you updated. Hopefully this will update you about its affect on various More >

USD-INR retracing the fall

The USD/INR retraced the highs of 45.28 and has settled at around 45.78 levels. Equity markets were directionless with the Sensex and the Nifty closing a tad lower than last week. The high point from the data point was the 11.3 % growth in IIP against expectation of 10%. Inflation More >

Currency Outlook – Fortnightly Currency Review November

Standing on the fence, waiting for clear signals

Markets remained in consolidation mode for major part of November. The Sensex and the Nifty are hovering around the October 2009 levels. We expect the sentiment to continue well into the closing year. While every good US data is now being viewed as More >

USD/INR Downside Prevails

The week saw consolidation across the board with all equity markets rebounding from the selling momentum of last week. The Sensex rebounded around 700 points. Similarly all major indices have risen defying the fact that unemployment still is a concern for the US. The Euro broke the 1.5000 mark during More >

USD-INR Choppy and Uncertain

Markets continue to be volatile on the back of mixed trade signals both from the external and domestic economy. While the longer term outlook of India’s growth story and an appreciating Indian rupee remain intact, markets are probably taking a breather before resuming the ongoing trend.

Over the past month the More >