Sell GBPINR; target of : 102.30 : June 05, 2023: ICICI Direct
ICICI Direct, The pound wiped its gains on Friday amid strong dollar. The pair lost more than 0.50% on Friday and moved below the 1.2450 mark after testing one week high at 1.2544•
Sell USDINR; target of : 82.20 : June 02, 2023: ICICI Direct
ICICI Direct, The US dollar index fell more than 0.50% on Thursday as weaker set of economic numbers and hawkish comments form Fed officials reinforced the expectation that Fed will take a pause in its rate hike regime.
Dollar Dominance: US currency will fight off the digital upstarts
When it comes to carrying value across illiquid currency corridors, the dollar is a sturdy mule. The enormous coordination and trust it will require to first create a global digital public good, and then agree on its ownership and governance, makes digital currencies a non-starter
Sell USDINR; target of : 82.55 : May 30, 2023: ICICI Direct
ICICI Direct, The US dollar index paused in its rally and steadied near 104.20 as a US debt ceiling deal lifted risk appetite in the world markets and dented the safe haven appeal of the dollar.
Sell EURINR; target of : 88.60 : May 26, 2023: ICICI Direct
ICICI Direct, The Euro fell to its two month lows on Thursday amid a strong dollar and weaker economic numbers from eurozone.
Sell EURINR; target of : 88.80 : May 25, 2023: ICICI Direct
ICICI Direct, The Euro fell towards the 1.075 mark and slid more that 0.10% on Wednesday amid a strong dollar and weaker global risk sentiments.
Dollar gains on resilient U.S. economy, flight to safety
The dollar index, which tracks the U.S. currency against six major peers, hit 103.91, its highest since March 20. The index last rose 0.299% at 103.83.
Sell GBPINR; target of : 102.90 : May 23, 2023: ICICI Direct
ICICI Direct, The pound remained in a tight range on Monday after its sharp rebound on Friday.
Dollar gains against yen as Fed policy, debt ceiling in focus
The euro gained 0.04% to $1.0810, having hit a more than seven-week low of $1.0760 on Friday.
Live: RBI Governor Shaktikanta Das addresses PSU bank members after meeting
RBI Governor Shaktikanta Das’ Address After Meeting PSU Banks’ Members
Buy USDINR; target of : 82.55 : May 18, 2023: ICICI Direct
ICICI Direct, The US dollar gained 0.24% on Wednesday on optimism about a deal to extend the debt ceiling and avert US default.
Safe-haven dollar climbs to 6-week high, US debt risks in focus
Against a basket of peers, including the euro, yen and sterling, the dollar index rose 0.25% to 102.86, after earlier touching its highest since early April.
Dollar edges higher after US retail sales; debt ceiling in focus
The dollar index was last slightly up on the day at 102.43. Against the yen, the greenback was also modestly higher at 136.155 yen.
US dollar falls from five-week high as data, debt ceiling weigh
In emerging markets, the Turkish lira sank to a near record low as weekend elections looked headed for a runoff, while the Thai baht rallied after a more decisive election result.
Sell EURINR; target of : 89.10 : May 15,2023: ICICI Direct
ICICI Direct, The Euro pared all its earlier gains and fell more than 0.50% on Friday amid a strong dollar.
Sell EURINR; target of : 89.60 : May 12,2023: ICICI Direct
ICICI Direct, The Euro fell more than 0.50% on Thursday amid a strong dollar.
Sell USDINR; target of : 81.90 : May 11,2023: ICICI Direct
ICICI Direct, The US dollar index fell by 0.20% on Wednesday as the US CPI dropped below the expected 5% mark for the first time since June 2021.
Dollar weakens, euro edges higher after inflation data
Following the data, the euro rose 0.24% to $1.0987 while sterling was up 0.14% to $1.2640.
Sell USDINR; target of : 82.00 : May 10,2023: ICICI Direct
ICICI Direct, The US dollar index gained by 0.27% on Tuesday as traders saw no immediate breakthroughs on US debt ceiling talks.
Rupee falls 27 paise to close at 82.05 against US dollar
At the interbank foreign exchange, the domestic unit opened at 81.84 against the dollar and slipped below the 82 levels to close at 82.05 (provisional), down 27 paise from its previous close.
US dollar struggles, pound hits one-year high
The dollar index, which measures the currency against six rivals, was down 0.1% in late morning trading at 101.21, a better showing than the one-year low of 100.78 reached last month.
Rupee falls 2 paise to close at 81.80 against US dollar
During the day, the rupee touched a high of 81.70 and a low of 81.82 against the American currency.
US dollar gains as inflation data backs Fed rate hike; yen sinks
The US dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on track to raise interest rates at next week's monetary policy meeting.
Sell EURINR; target of : 90.20 : ICICI Direct
ICICI Direct, The Euro fell by 0.10% yesterday amid a rise in the US dollar. Meanwhile, sharp downside was restricted as the consumer confidence indicator in the Euro Area improved to -17.5 in April 2023, the highest since February 2022 and in line with preliminary estimates.
