USDINR TECHNICAL OUTLOOK : 20.02.2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Fundamental Overview
US dollar index is trading at 100.94, appreciating against the majors in Friday’s session. There was no major data from the US expect for FED member Mester’s speech, in which he has continued to remain a hawk and helped the US dollar higher. The US markets would remain closed today for President’s day and the dollar would remain range bound.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day US
Holiday-United States - Presidents' Day
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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USDINR, the pair after opening at 67.15made a low of 67.02 and was trading sidewise in a narrow range after opening gap up 9 paisa the pair made a low of 67.02 and bounced but overall 67.00 on spot is likely to act as a support and pair is likely to trade with some side wise to positive bias during the day.Fundamental Overview
US dollar index is trading at 100.94, appreciating against the majors in Friday’s session. There was no major data from the US expect for FED member Mester’s speech, in which he has continued to remain a hawk and helped the US dollar higher. The US markets would remain closed today for President’s day and the dollar would remain range bound.
Economic Data & News
TIME COUNTRY DATA ACTUAL SURV PREVIOUS
All Day US
Holiday-United States - Presidents' Day