USD-INR to trade in 66.60-66.90 range : 10.3.2017
The USD-INR pair to trade in a range of 66.60-66.90/dollar today, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
"In the run up to the March FOMC next week, the probability of Fed hiking rates has gone up substantially. While the rupee continues to gain on the back of sustained portfolio inflows, depreciation is likely as the dollar continues to gain." "We expect the USD-INR pair to trade in a range of 66.60-66.90/dollar today," he added. "The bonds, after the brief short covering rally, have corrected from recent highs with the 10-year bond yields hovering around 6.85 percent. We expect bond yields to trade sideways in the run up to the state election results and upcoming FOMC meet."
The USD-INR pair to trade in a range of 66.60-66.90/dollar today, HDFC Bank.
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
"In the run up to the March FOMC next week, the probability of Fed hiking rates has gone up substantially. While the rupee continues to gain on the back of sustained portfolio inflows, depreciation is likely as the dollar continues to gain." "We expect the USD-INR pair to trade in a range of 66.60-66.90/dollar today," he added. "The bonds, after the brief short covering rally, have corrected from recent highs with the 10-year bond yields hovering around 6.85 percent. We expect bond yields to trade sideways in the run up to the state election results and upcoming FOMC meet."