Brokerage Recos Currencies

ICICI Direct, Rupee depreciated marginally on Friday amid firm dollar and rise in US treasury yields.

Rupee is likely to depreciate today : April 29, 2024: ICICI Direct

ICICI Direct, Rupee depreciated marginally on Friday amid firm dollar and rise in US treasury yields.

Rupee is likely to depreciate today : April 26, 2024: ICICI Direct

ICICI Direct, Rupee ended largely unchanged as investors remained cautious ahead of slew of economic data from US to gauge economic health of the country and get fresh cues on rate trajectory.

Rupee is likely to appreciate today: April 25, 2024: ICICI Direct

ICICI Direct, Rupee appreciated marginally yesterday amid soft dollar, decline in crude oil prices and positive domestic market sentiments.

Rupee is likely to appreciate further today : April 24, 2024: ICICI Direct

ICICI Direct, Rupee appreciated marginally yesterday amid soft dollar and retreat in US treasury yields.

Sell USDINR; target of : 83.20 : March 27, 2024: ICICI Direct

ICICI Direct, Rupee appreciated to 83.30 on Tuesday amid fresh bout of intervention from RBI and stronger Asian currencies.

Sell GBPINR; target of : 105.20 : March 22, 2024: ICICI Direct

ICICI Direct, Pound lost almost 1% after BOE kept its benchmark rates on hold as expected. It fell after all the members voted for no hike in interest rates.

Sell USDINR; target of : 83.00 : March 21, 2024: ICICI Direct

ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no change in the monetary policy from the BOE.

Buy GBPINR; target of : 105.70 : March 20, 2024: ICICI Direct

ICICI Direct, Pound also traded lower amid strong dollar. The pair is expected to find support near 1.266 and move towards 1.2740 on expectation of no change in the monetary policy from the BOE.

Buy USDINR; target of : 83.00 : March 19, 2024: ICICI Direct

ICICI Direct, Rupee depreciated on Monday amid strong dollar and weakness in Asian currencies. Further, dollar purchase by state-run banks have limited the rupee’s rally.

Buy USDINR; target of : 83.00 : March 18, 2024: ICICI Direct

ICICI Direct, Rupee edged lower on Friday amid strong dollar and rise in US treasury yields. Sticky inflation numbers in US has supported the dollar to stay higher.

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.

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.

Sell EURINR; target of : 89.40 : February 26, 2024: ICICI Direct

ICICI Direct, Euro slipped by 0.05% on Friday amid recovery in dollar and dovish comments from ECB Governing Council member Centeno.

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.