Wednesday, September 14, 2016

Expect rupee to open above 67/USD : Sep 14, 2016, 08.59 AM

Expect rupee to open above 67/USD : Sep 14, 2016, 08.59 AM
NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE
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We expect the pair to trade in the 67-67.50/USD range in the near term,

"The hawkish Fed speaks, increasing the probability of Fed hiking rates at its September FOMC, has sent the global markets into a tizzy." "The USD-INR pair is expected to open above 67/dollar today following the global risk-off sentiment. We expect the pair to trade in the 67-67.50/dollar range in the near term,"