NSE Currency Future Report: 20th March

Insignia Consultants New Delhi Wednesday, March 20, 2019 TIME: 9:07 am IST NSE CURRENCY FUTURES REPORT There will be short covering if rupee weakens against the US dollar today. Tomorrow India is closed. FOMC meet is tonight. Anything can happen on Friday. Month demand will zoom if rupee weakens today and till Monday. US dollar-Indian …

NSE Currency Future Report: 19th March 2019

Insignia Consultants New Delhi Tuesday, March 19, 2019 TIME: 9:14 am IST NSE CURRENCY FUTURES REPORT Why is the rupee gaining? High inflows is the key reason. RBI is planning to limit gains. Speculation is there that the RBI will conduct a forward dollar/rupee buy-sell swap auction worth $5 billion on March 26, its first …

NSE Currency Future Report: 18th March 2019

Insignia Consultants New Delhi Monday, March 18, 2019 TIME: 9:03 am IST NSE CURRENCY FUTURES REPORT Trading volumes will be less as it is a “Holi week”. Most of the traders will close their positions this week. FOMC meet can affect currencies markets only if there is a change in US economic outlook. Momentum is …

NSE Currency Future Report: 15th March 2019

Insignia Consultants New Delhi Friday, March 15, 2019 TIME: 9:03 am IST NSE CURRENCY FUTURES REPORT Like most central banks bank of japan cuts its growth forecast and export forecast. Yen can fall further.There is nothing much on the rupee. Momentum is down. Next week is Holi. Quarter end and fiscal year end position squaring …

NSE Currency Future Report: 14th March 2019

Insignia Consultants New Delhi Thursday, March 14, 2019 TIME: 9:12 am IST NSE CURRENCY FUTURES  REPORT Pound is bullish after Brexit vote gold rejected. US dollar Index will be volatile. FII investment in Indian stock markets has resulted in surge gaining against the US dollar. Momentum is down for usd/inr. One should look for signs …

NSE Currency Future Report: 13th March 2019

Insignia Consultants New Delhi Wednesday, March 13, 2019 TIME: 9:39 am IST NSE CURRENCY FUTURES  REPORT Pound will be very volatile. RBI will not intervene to prevent more gains against the US dollar. There will be demand at lower prices from corporates. Yen looks slightly bullish against the rupee. Volatility in all currencies will rise …

Forex Report for Exporters & Importers: 12th March 2019

Insignia Consultants New Delhi Tuesday, March 12, 2019 TIME: 9:05 am IST  FOREX REPORT FOR EXPORTERS AND IMPORTERS (inter-bank prices below) UK prime minister May has struck a new revised deal term on Brexit. Pound rose. If the deal is passed by the UK parliament, then cable will rise to 1.4000 over the coming months. …

NSE Currency Futures Report: 11th March 2019

Insignia Consultants New Delhi Monday, March 11, 2019 TIME: 9:20 am IST NSE CURRENCY FUTURES  REPORT Central elections dates have been announced. Peak summer will prevent high voter turnout. I see a non BJP government at the centre as a low voter turnout always support congress and seat losses for the BJP/NDA. US dollar has …

NSE Currency Future Report: 7th March 2019

Insignia Consultants New Delhi Thursday, March 7, 2019 TIME: 9:36 am IST NSE CURRENCY FUTURES  REPORT European central bank meeting can have an impact on euro. Tomorrow’s US nonfarm payrolls will have a limited impact on US dollar. The recent consolidation phase in the US dollar Index will be over soon. Buy stop losses will …