USD/INR expected to open slightly weaker close to 60.05 levels versus its Monday's close of 60.11/12, tracking gains in most other Asian units versus the greenback. The domestic share market will be watched for cues on foreign fund flows during the day. The dollar languished at three-week lows against a basket of major currencies on Wednesday, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind. The pair saw trading at 59.96/98 in the offshore non-deliverable forwards spot.
Today’s Headlines
1) The dollar languished at three-week lows against a basket of major currencies on Wednesday, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind.
2) U.S. crude oil prices rose more than 2 percent on Tuesday in.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
Today’s Headlines
1) The dollar languished at three-week lows against a basket of major currencies on Wednesday, having broken decisively lower as the yen squeezed higher and even the euro gained a tailwind.
2) U.S. crude oil prices rose more than 2 percent on Tuesday in.
Read detail analysis report here:- http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf