USD-INR continues to trade in 66.50-67/USD range:8.11.2016
The 10-year benchmark bond yields to trade around the current level of 6.84%, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
"The countdown to the US Presidential Election results continues. The FBI announcement helped risk assets with dollar index moving higher and equities rallying across globe. The USD-INR pair continues to trade in the 66.50-67/USD range with intervention keeping it in a very tight range, as FCNR redemptions continue." He further said, "We expect the 10-year benchmark bond yields to trade in a tight range ahead of the US Presidential Election results, around the current level of 6.84 percent."
The 10-year benchmark bond yields to trade around the current level of 6.84%, HDFC Bank.
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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"The countdown to the US Presidential Election results continues. The FBI announcement helped risk assets with dollar index moving higher and equities rallying across globe. The USD-INR pair continues to trade in the 66.50-67/USD range with intervention keeping it in a very tight range, as FCNR redemptions continue." He further said, "We expect the 10-year benchmark bond yields to trade in a tight range ahead of the US Presidential Election results, around the current level of 6.84 percent."