The Indian rupee gained in the opening trade on Thursday. It has gained by 8 paise at 66.75 per Dollar versus 66.83 Wednesday. Expect the USD-INR to range between 66.50-67.50/dollar in the near term with the State election results on March 11 crucial for its continued strength." The dollar hit a seven-week high after hawkish comments from two Federal Reserve officials increased expectations that the US Central Bank is closer to raising interest rates. Futures traders are now pricing in a 69 percent chance of a Fed hike in March, up from 35 percent on Tuesday.
Intraday Calls back to back technical support and more One Missed call on this number @9644405056 or click link below >>http://www.ripplesadvisory.com/free-trial.php
The Indian rupee gained in the opening trade on Thursday. It has gained by 8 paise at 66.75 per Dollar versus 66.83 Wednesday. Expect the USD-INR to range between 66.50-67.50/dollar in the near term with the State election results on March 11 crucial for its continued strength." The dollar hit a seven-week high after hawkish comments from two Federal Reserve officials increased expectations that the US Central Bank is closer to raising interest rates. Futures traders are now pricing in a 69 percent chance of a Fed hike in March, up from 35 percent on Tuesday.
No comments:
Post a Comment