SHARE TIPS | FREE MCX TIPS | FREE COMMODITY TIPS

Tuesday, October 14, 2014

DAILY FOREX REPORT RESEARCH VIA 14/oct/2014


MARKET HEADLINES


  • Rupee up 8 paise against dollar in early trade
The rupee recovered by 8 paise to 61.27 against the US dollar in early trade today at the Interbank Foreign Exchange market on fresh selling of the American currency.
Besides strengthening of the euro and yen against the dollar in overseas market supported the rupee, but a lower opening in the domestic equity market capped gains, forex dealers said.
The rupee had lost 30 paise to close at 61.35 in the previous session on Friday on fresh demand for the US currency from banks and importers due to firm dollar overseas and sharp fall in local equities.
The benchmark BSE Sensex fell by 159.35 points, or 0.61 per cent, to 26,138.03 in early trade today.
  • Rupee down 30 paise at 61.35 vs dollar
Snapping a four-day gaining spree, the rupee today fell by 30 paise to close at 61.35 against the dollar on fresh demand for the US currency from banks and importers due to firm dollar overseas and sharp fall in local equities.
The local currency rupee resumed lower at 61.15 per dollar as against yesterday's closing level of 61.05 at the Interbank Foreign Exchange ( Forex) and dropped further to 61.36 per dollar before concluding the day at 61.35 per dollar, a loss of 30 paise or 0.49 per cent.
It moved in a range of 61.11 and 61.36 per dollar during the day.
"Rupee traded weak today taking cues from strong dollar overseas and weak local equities. After depreciating for four continuous weeks, rupee posted its first weekly gain this week," said Pramit Brahmbhatt, CEO, Veracity Group. 

4 comments:

  1. यस बैंक : 3-4 दिन के लिए खरीदें, लक्ष्य 631 रुपये स्टॉपलॉस 578 रुपये

    सिंटेक्स : 3-4 दिन के लिए खरीदें, लक्ष्य 92 रुपये स्टॉपलॉस 75 रुपये
    stock cash tips

    ReplyDelete
  2. Amazing blog related to commodity market trends and updates, great for any new trader.

    ReplyDelete
  3. Amazing daily forex report shared in this blog. Epic Research also recommends forex and currency tips on the daily basis.

    ReplyDelete
  4. Useful updates on currency market has been discussed here. Forex trading can be made profitable by having a good knowledge about market.
    mcx tips

    ReplyDelete