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  • Rupee is likely to depreciate today : April 30, 2024: ICICI Direct

    Rupee is likely to depreciate today : April 30, 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 29, 2024: ICICI Direct

    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

    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

    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

    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.

  • MC Explainer: What's all the fuss around RBI's Jan 5 circular on currency-derivatives trading?

    MC Explainer: What's all the fuss around RBI's Jan 5 circular on currency-derivatives trading?

    Traders and brokerages believe that the RBI move will kill a market segment that has taken more than a decade to build.

  • Forex market turmoil: Exchanges' poor communication and not RBI's circular causing losses in currency-derivatives, say sources

    Forex market turmoil: Exchanges' poor communication and not RBI's circular causing losses in currency-derivatives, say sources

    Leading exchange issued circulars in this regard to brokerages only on April 1, which was just few days before the earlier deadline.

  • USDINR derivatives' premiums shoot up, wipe out lakhs of rupees in investor capital

    USDINR derivatives' premiums shoot up, wipe out lakhs of rupees in investor capital

    Traders are panicking and trying to exit after brokerages' notifications on the RBI circular on exposure to underlying currency.

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

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

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

    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

    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

    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 USDINR; target of : 82.82 : March 06, 2024: ICICI Direct

    Buy USDINR; target of : 82.82 : March 06, 2024: ICICI Direct

    ICICI Direct, Rupee ended barely changed yesterday amid pessimistic domestic market sentiments.

  • Sell USDINR; target of : 82.82 : February 28, 2024: ICICI Direct

    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.

  • Sell USDINR; target of : 82.90 : February 19, 2024: ICICI Direct

    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.

  • Sell USDINR; target of : 82.90 : February 13, 2024: ICICI Direct

    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 USDINR; target of : 83.25 : January 24, 2024: ICICI Direct

    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

    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.

  • Buy USDINR; target of : 83.25 : January 17, 2024: ICICI Direct

    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

    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.

  • Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

    Sell USDINR; target of : 83.15 : January 02, 2024: ICICI Direct

    ICICI Direct, Rupee depreciated marginally yesterday amid muted domestic market sentiments and dollar demand from importers.

  • Sell USDINR; target of : 83.09 : December 29, 2023: ICICI Direct

    Sell USDINR; target of : 83.09 : December 29, 2023: ICICI Direct

    ICICI Direct, Rupee appreciated yesterday amid weak dollar and decline in crude oil prices. Further, rupee gained strength on rise in risk appetite in the domestic markets and persistent FII inflows.

  • Sell USDINR; target of : 83.15 : December 27, 2023: ICICI Direct

    Sell USDINR; target of : 83.15 : December 27, 2023: ICICI Direct

    ICICI Direct, Rupee depreciated yesterday amid month end dollar demand from importers and FII outflows.

  • Sell USDINR; target of : 83.10 : December 22, 2023: ICICI Direct

    Sell USDINR; target of : 83.10 : December 22, 2023: ICICI Direct

    ICICI Direct, Rupee depreciated yesterday amid dollar demand from importers and rise in crude oil prices.

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