CURRENCY TIPS:-Rupee trades higher against US dollar| FOREX CALL TODAY BUY GBPINR

The rupee started 3 paise higher at 65.25 against the US dollar on Friday morning, a day after it had slumped 38 paise to hit a three-week low of 65.31.

There was month-end dollar demand in the market on Thursday, which put pressure on the domestic unit even when the greenback was actually weakening. The US dollar, which has been reversing the gains notched up over the past few days after the US Fed decision to hold rate in its October review, broke above an important downtrend resistance on Thursday. 

There was month-end dollar demand in the market on Thursday, which put pressure on the domestic unit even when the greenback was actually weakening. The US dollar, which has been reversing the gains notched up over the past few days after the US Fed decision to hold rate in its October review, broke above an important downtrend resistance on Thursday.

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http://economictimes.indiatimes.com/articleshow/49591259.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 FOREX CALL : BUY GBPINR ABOVE 100.47 TGS 100.57-100.67-100.77 STOPLOSS 100.27

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USDINR Oct may trade in 64.78-64.88 range, FOREX TRADING TIPS INDIA BUY GBPINR

Forex (USD/INR) The rupee appreciated marginally against the US dollar on Monday, as the dollar failed to find strength over the previous close while a continued strong move from domestic equities and FII inflows supported the rupee in remaining strong .

The Indian currency ended the day at 64.80, up 0.01% from the previous close of 64.81.

 The dollar index against six major currencies ended at 94.91, up 0.19% from the previous close of 94.73.

FOREX CALL : BUY GBPINR ABOVE ABOVE 100.55 TGS 100.65-100.75-100.85 STOPLOSS     100.35

FOREX TRADING TIPS IN INDIA

Forex (US$/INR) The rupee appreciated marginally against the US dollar on Monday, as the dollar failed to find strength over the previous close while a continued strong move from domestic equities and FII inflows supported the rupee in remaining strong The Indian currency ended the day at 64.80, up 0.01% from the previous close of 64.81 The dollar index against six major currencies ended at 94.91, up 0.19% from the previous close of 94.73

Read more at: http://www.moneycontrol.com/news/brokeragerecos-currencies/usdinroctmaytradein6478-6488rangeicicidirect_3686081.html?utm_source=ref_article

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