Forex Market News

EURINR – Ways2Capital

EURINR trading range for the day is 78.4-79.37.
Euro dropped after a cautious European Central Bank signalled it will keep interest rates at record lows well into next year.
The European Stability Mechanism (ESM) Board has approved a 1 billion Euro disbursement to Greece for clearance of arrears
EU member countries reportedly unanimously approve import tariffs on list of US products aimed at countering the US metals’ tariffs.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Advertisements
Standard
Forex Market News

GBPINR – Ways2Capital

GBPINR trading range for the day is 89.72-90.88.
GBP dropped as the dollar rallied broadly on robust U.S. retail sales.
UK PM May agrees compromise deal with Pro-EU lawmakers on EU exit legislation
British retail sales jumped for a second month in a row in May and far outstripped expectations.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard
Forex Market News

JPYINR – Ways2Capital

JPYINR trading range for the day is 61.24-61.84.
JPY slid after the Bank of Japan kept interest rates unchanged, in line with market expectation.
BoJ downgrades assessment of CPI, sees it in range of 0.5% to 1.0%
BoJ board votes 8-1 to keep policy unchanged, maintains JGB holdings target.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard
Forex Market News

Indian Rupee Opens At 67.54 Per Dollar; Gains 10 Paise

The Indian rupee gained in the opening trade on Thursday. It has opened higher by 10 paise at 67.54 per dollar versus 67.64 yesterday.
The USD-INR pair after opening higher came under pressure in the latter half of the session as the dollar fell against its major crosses. Volatility for the dollar was confined to a narrow range ahead of the FOMC policy statement that was released last evening. The Fed chairman, in line with expectation, raised rates by 25bps and officials projected to raise rates twice more this year, said Motilal Oswal.
The Fed dropped its pledge to keep rates low enough to stimulate the economy “for some time” and signaled it would tolerate inflation above its 2% target at least through 2020.
Overall the statement was hawkish which was supportive for the dollar as well as US 10-year yield. Today, USD-INR pair is expected to quote in the range of 67.45 and 67.80-67.95, it added.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard
Forex Market News

USDINR – Ways2Capital

USDINR trading range for the day is 67.55-67.91.
Rupee traded in range on selling by foreign banks tracking a subdued greenback.
India’s annual retail inflation accelerated to a four-month high in May, driven by higher fuel prices and a depreciating rupee.
Activity in India’s service industry shrank in May for the first time in three months as new orders stagnated, but business optimism was the highest since 2015.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard
Forex Market News

EURINR – Ways2Capital

EURINR trading range for the day is 79.6-80.47.
Euro gained as the European Central Bank prepared to pull the plug on its 2.55 trillion-euro, three-year stimulus program.
Germany’s consumer price inflation accelerated, as initially estimated, on energy prices in May, final data from Destatis showed.
Eurozone employment grew at a slightly faster pace in the three months ended March, data from Eurostat showed.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard
Forex Market News

GBPINR – Ways2Capital

GBPINR trading range for the day is 90.21-91.43.
GBP gained after data showing that UK retail sales outstripped forecasts in May as good weather and the Royal Wedding boosted consumer spending.
Consumer price inflation held at an annual rate of 2.4 percent in May, its joint-lowest since March 2017, the Office for National Statistics said.
British house prices edged up from a five-and-a-half-year low in May and there was a tentative first sign of more properties for sale.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
✆ – 0731-6626191 | Toll Free – 1800-3010-2007
Give a Missed Call for Free Trial – 09699997717
Standard