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.
Buy USDINR; target of : 83.20 : January 23, 2024: ICICI Direct
ICICI Direct, Rupee appreciated on Friday aided by dollar sales from foreign banks, but it ended the week on the loosing side amid moderation in US rate cut expectation and outflow from equity.
Rupee ends flat, wedged between Asia FX bump and foreign banks' dollar buys
The rupee closed at 83.1225 against the U.S. dollar, barely changed from its close at 83.1375 in the previous session.
Buy GBPINR; target of : 105.70 : January 18, 2024: ICICI Direct
ICICI Direct, Pound reversed its losses and gained more than 0.30% yesterday after the inflation numbers marked 4%, dragging back the probability of rate cuts further.
Buy USDINR; target of : 83.25 : January 17, 2024: ICICI Direct
ICICI Direct, Rupee depreciated for the first time in this week amid strong rebound in the dollar and increasing signs that global central banks may have to delay the timing of interest rate cuts.
Buy USDINR; target of : 83.10 : January 16, 2024: ICICI Direct
ICICI Direct, Rupee strengthened again on Monday aided by strong domestic equities and FII inflows.
Buy EURINR; target of : 91.20 : January 15, 2024: ICICI Direct
ICICI Direct, Euro slipped marginally by 0.21% on Friday amid weakness in the treasury yields and weaker economic numbers from the Eurozone.
Buy GBPINR; target of : 106.40 : January 12, 2024: ICICI Direct
ICICI Direct, Pound is expected to hold its gains and move towards 1.2800 amid weak dollar and expectation of better GDP numbers.
Buy EURINR; target of : 91.30 : January 11, 2024: ICICI Direct
ICICI Direct, Euro gained yesterday largely due to weakness in the dollar. Further improved economic numbers from the Euro zone and hawkish comments from ECB members pushed the bond yields higher.
Buy EURINR; target of : 91.40 : January 09, 2024: ICICI Direct
ICICI Direct, Euro rose on Monday by 0.08% amid softness in the dollar and improved Eurozone economic Dec economic confidence to an 8-month high.
Buy EURINR; target of : 91.40 : January 08, 2024: ICICI Direct
ICICI Direct, Euro slipped marginally by 0.03% on Friday amid strong dollar and negative domestic markets.
Rupee ends higher aided by dollar inflows, little changed on week
The rupee closed at 83.15 against the U.S. dollar, higher by 0.1% compared with its close at 83.23 in the previous session.
