Buy USDINR; target of : 82.96 : March 14, 2024: ICICI Direct
ICICI Direct, Rupee depreciated against the dollar yesterday amid weakness in the domestic equities.
Buy EURINR; target of : 90.75 : March 12, 2024: ICICI Direct
ICICI Direct, Euro edged lower by 0.20% yesterday amid dovish comments from the ECB Governing council members and the ECB President Lagarde last week.
A Fed cut in June, rupee at 82 could add to India’s appeal: Bank of America's Adarsh Sinha
Everything we've heard from Fed officials so far suggests the median would still be three rate cuts and the June cut is still on the table
Rupee falls 8 paise to settle at 82.75 against US dollar
At the interbank foreign exchange market, the local unit opened at 82.74 and touched the intra-day low of 82.76 against the greenback.
Buy EURINR; target of : 90.50 : March 07, 2024: ICICI Direct
ICICI Direct, Euro edged higher by 0.39% yesterday amid weak dollar and better than expected German trade data.
Buy USDINR; target of : 82.82 : March 06, 2024: ICICI Direct
ICICI Direct, Rupee ended barely changed yesterday amid pessimistic domestic market sentiments.
Buy GBPINR; target of : 105.50 : March 05, 2024: ICICI Direct
ICICI Direct, Pound is expected to rise further towards 1.2720 level amid soft dollar and ahead of British budget.
Buy EURINR; target of : 90.30 : March 04, 2024: ICICI Direct
ICICI Direct, Euro edged higher by 0.30% on Friday amid weakness in dollar and as Eurozone CPI rose more than expected.
Buy EURINR; target of : 90.20 : February 29, 2024: ICICI Direct
ICICI Direct, Euro edged lower by 0.05% yesterday due to firm dollar and weak economic data from euro zone.
Sell USDINR; target of : 82.82 : February 28, 2024: ICICI Direct
ICICI Direct, Rupee ended flat yesterday after moving in a tight range amid rise in dollar demand from importers.
Buy EURINR; target of : 90.40 : February 27, 2024: ICICI Direct
ICICI Direct, Euro edged up by 0.3% yesterday buoyed by weakness in dollar and hawkish comments from ECB policymakers.
Buy EURINR; target of : 90.00 : February 22, 2024: ICICI Direct
ICICI Direct, Euro gained by 0.11% yesterday amid weak dollar and hawkish comments from ECB Governing Council member Wunsch. Further, rise in euro zone consumer confidence supported single currency.
Buy EURINR; target of : 90.00 : February 21, 2024: ICICI Direct
ICICI Direct, Euro gained by 0.28% yesterday amid weak dollar and improved economic data from euro zone.
Sell EURINR; target of : 89.10 : February 20, 2024: ICICI Direct
ICICI Direct, Euro gained by 0.02% yesterday as hawkish comments from ECB official continued to support single currency.
Sell USDINR; target of : 82.90 : February 19, 2024: ICICI Direct
ICICI Direct, Rupee on Friday hovered in a tight range and ended little changed as dollar demand from importers worn the impact of supportive global cues.
Rupee rises 4 paise to settle at 83.01 against US dollar
At the interbank foreign exchange market, the local unit opened at 83.03 and touched the intraday high of 83.00 against the greenback.
Buy EURINR; target of : 89.40 : February 15, 2024: ICICI Direct
ICICI Direct, Euro gained by 0.18% yesterday amid weak dollar and optimistic global market sentiments.
Sell USDINR; target of : 82.90 : February 13, 2024: ICICI Direct
ICICI Direct, Rupee ended little changed yesterday ahead of Inflation data from India and US. Further, rupee gave up most of its early gains amid uptick in dollar, surge in crude oil prices and risk aversion in the domestic market.
Buy EURINR; target of : 90.00 : February 12, 2024: ICICI Direct
ICICI Direct, Euro rose by 0.05% on Friday due to weak dollar and surge in German bond yields. 10-yr yield moved higher on hawkish comments from ECB Governing Council member Kazaks.
Rupee turns flat at 83.03 against US dollar in early trade
In the domestic equity market, the 30-share BSE Sensex was trading 112.49 points or 0.16 per cent higher at 71,843.91.
Dollar jumps, traders pare rate cut bets after strong jobs report
The dollar had weakened in recent days in line with falling Treasury yields, even after Fed Chair Jerome Powell on Wednesday said that a March rate cut was unlikely.
Rupee rises 5 paise to 83.11 against US dollar
The local unit finally settled at 83.11 against the dollar, higher by 5 paise (provisional) from its previous close.
Euro’s status languishes as dollar still king after 25 years
While the fall in euro usage and corresponding jump in dollar dominance may have been overdone last year, any correction is likely to be modest until the geopolitical air clears. Some of the loss of status and relevance for the euro will be permanent
Buy USDINR; target of : 83.25 : January 24, 2024: ICICI Direct
ICICI Direct, Rupee edged lower on Monday amid strong dollar and weakness in domestic markets. US dollar index rallied to its one-month high on diminishing hopes of early US rate cut.
