currency forecast for 5 sep 2013

currency forecast for 5 sep 2013

mcx-sx usd inr forecasts

usdinr sep expiry future today closed at 67.5 with loss of 1.16 rupees.in intraday mcx sx dollar rupee future made low at 67.21 while high was 69.13.almost 2 rupee downside in intraday as closed with loss as rupee gains some strength on buying demand.here rally may continue on downside and expect 66.5-66 as targets on downside.

mcx-sx eur inr forecasts

eurinr sep future today closed at 88.88 with loss of 1.45 rupees.in intraday mcx sx euro rupee future made high near 90.96 while low was near 88.41.total 2.5 rupee downside and closed with loss on profit booking.here on downside we may see 86 and below levels on profit booking.

mcx-sx gbp inr forecasts

gbpinr sep expiry future today closed at 105.26 with loss of 1.49 rupee.in intraday mcx sx pound rupee future made high near 107.47 while low was near 104.72.total 2.5 rupee+ downside and closed with loss as rupee gains.here below 105.5 we may see downside 103-102.5 can be expected as targets.

mcx-sx jpy inr forecasts

jpyinr sep expiry future today closed at 67.84 with loss of 1.18 rupees.in intraday mcx sx yen rupee future made high near 69.65 while low was near 67.4.total 2 rupee loss on sharp profit booking and stronger rupee.here below 67.5 we can expect 66-65 levels in short terms.

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Pramod Baviskar

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