USDINR TECHNICAL OUTLOOK:9.11.2016
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
USDINR, the pair after opening at 66.90 and made a high of 66.91 and had side wise to negative session this has been a trend for weeks and the pair had conversed into a narrow range bar that suggest bulls and bears are in tug of war but today the pair is likely to see break of the range and will be volatile in below mentioned range.
Fundamental Overview
US dollar index is trading at 97.66, but the number now would remain insignificant as the poll results start coming in as we prepare this report. The race to white house is still too close to call and we would know the impact in a few hours time. Expect a large volatility in the FX markets which are highly volatile now.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 PM USD 10-Year Note Auction 1.79%
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Fundamental Overview
US dollar index is trading at 97.66, but the number now would remain insignificant as the poll results start coming in as we prepare this report. The race to white house is still too close to call and we would know the impact in a few hours time. Expect a large volatility in the FX markets which are highly volatile now.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
11:30:00 PM USD 10-Year Note Auction 1.79%