Tuesday, February 14, 2017

USD-INR to trade in 66.78-67.08/USD range : 15.02.2017

USD-INR to trade in 66.78-67.08/USD range : 15.02.2017
The 10-year benchmark yield is expected to open with a negative bias and trade within the range of 6.90-6.95 percent, Lakshmi Vilas Bank.
NIFTY FUT  TREND             : SELL ZONE
BANKNIFTY FUT  TREND  : SELL ZONE


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"The Yellen testimony shows a higher probability of a rate increase sooner than later and hence will impact both the equity and currency markets. The USD-INR is expected to trade in a range of 66.78-67.08/USD today." He further said, "The bond traders will track global events including the Fed Governor's testimony. The 10-year benchmark yield is expected to open with a negative bias and trade within the range of 6.90-6.95 percent."