Currency & Debt market : 29.08.2016
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut : SELL ZONE
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• The benchmark 7.59% bond maturing in 2026 ended at | 103.11 against the previous close of | 103.15
• The benchmark 7.59% 2026 bond yield rose 1 bps to end at 7.13% against the previous close of 7.12%. Forex (US$/INR)
• The rupee was little changed against the dollar, as traders stayed cautious in a thinly traded session ahead of a speech by the Federal Reserve Chair on Friday evening
• The dollar index against six major currencies posted gains and ended at 95.57, gaining 0.84% as the Fed chai r’s comments on an improvement in the economy and a strengthening case for a rise in the federal funds rate supported the US dollar over major currencies.
Read more at: http://www.moneycontrol.com/news/brokeragerecos-currencies/buyus36inrseptemberfuttargetof6765-6785icicidirect_7357521.html?utm_source=ref_article
NIFTY Fut TREND : SELL ZONE
BANKNIFTY Fut : SELL ZONE
Click Here & Register To Get 2 days Trial Tips
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• Government bond yields recorded their first weekly gain in nine weeks as yields in emerging market economies eased ahead of the crucial Jackson hole symposium• The benchmark 7.59% bond maturing in 2026 ended at | 103.11 against the previous close of | 103.15
• The benchmark 7.59% 2026 bond yield rose 1 bps to end at 7.13% against the previous close of 7.12%. Forex (US$/INR)
• The rupee was little changed against the dollar, as traders stayed cautious in a thinly traded session ahead of a speech by the Federal Reserve Chair on Friday evening
• The dollar index against six major currencies posted gains and ended at 95.57, gaining 0.84% as the Fed chai r’s comments on an improvement in the economy and a strengthening case for a rise in the federal funds rate supported the US dollar over major currencies.
Read more at: http://www.moneycontrol.com/news/brokeragerecos-currencies/buyus36inrseptemberfuttargetof6765-6785icicidirect_7357521.html?utm_source=ref_article