Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-09-2016

Thursday, September 22, 2016 22:54
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Mtechtips MCX-SX USDINR INTRADAY trading analysis 23-09-2016

B4INREMOTE-aHR0cHM6Ly80LmJwLmJsb2dzcG90LmNvbS8tN3NDLUp0Q3BnZnMvVi1UQlp3RnFHZEkvQUFBQUFBQUE4YWsvVmRHMWZITHVfUG9fTHRXSWVwdWlwT091SVdFaklLZWpnQ0xjQi9zMTYwMC9NQ1gtU1glMkJVU0RJTlI0LmpwZw==

MTECHTIPS Dollar/rupee in the inter-bank offshore market and the dollar index rebounded Friday as investors’ covered their short positions taking advantage of the sharp fall in the greenback after Federal Reserve decided to maintain a status quo and signalled slower pace of rate hike in the coming years in its September monetary policyDollar/rupee ended at two-week low Thursday tracking FII inflows into local stocks amid weakness in dollar after US Federal Reserve decided to keep its interest rates unchanged and signaled a slower pace of rate hike in coming years. USDINR witnessed 0.58% its biggest intraday fall since 27 July 2016 and settled at 66.7175. As per the sell strategy given from 67.10-67.15 was successful with pair drop towards 66.6850 levels.

WWW.MTECHTIPS.COM

07489294118-119

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.