MCX-SX Currency forecast, rupee predictions, INR outlook, forex levels and FX technical analysis for 21 March 2014.
USDINR March expiry future last closed at 61.46 with 40 paisa gain. Today in Intraday MCX-SX Dollar-rupee future hit high at 61.49 while low was 61.14. Total 35-paisa intraday range and closed with gain. For tomorrow, US dollar has support at 61.25.
EURINR March future last closed at 84.6 with loss of 39 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.96 while low was 84.42. Total almost 54-paisa intraday range and closed with loss. For tomorrow, euro future may continue to drift down on weak global clues.
GBPINR March expiry future last closed at 101.42 with loss of 21 paisa. In intraday MCX-SX Pound-rupee, future hit high at 101.64 while low was at 101.19. Total 45-paisa intraday range and closed with loss. For tomorrow pound, future is buy remains weak and watch 101-support zone.
JPYINR March expiry future last closed at 59.98 with 15 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 60.79 while low was at 59.78. Total 100-paisa intraday range and closed with loss. For tomorrow yen, future may bounce back on short covering.