Currency forecast 26 February 2014

MCX-SX Currency forecast, rupee predictions, INR outlook, forex levels and FX technical analysis for 26 February 2014.

Currency forecast 26 February 2014

USDINR March expiry future last closed at 62.25 with 13 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.32 while low was 62.17. Total 15-paisa intraday range and closed with loss. For tomorrow, US dollar future is buy for target 62.7+.

EURINR March future last closed at 85.6 with loss of 22 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.7 while low was 85.48. Total almost 22-paisa intraday range and closed with loss. For tomorrow, euro future is buy for target 86.

GBPINR March expiry future last closed at 103.93 with gain of 4 paisa. In intraday MCX-SX Pound-rupee, future hit high at 104.03 while low was at 103.71. Total 32-paisa intraday range and closed with gain. For tomorrow pound, future is buy for target 104.5.

JPYINR March expiry future last closed at 60.84 with 10 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 60.96 while low was at 60.73. Total 23-paisa intraday range and closed with loss. For tomorrow yen, future is buy for target 61.2.

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Pramod Baviskar

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