currency forecast for 6 sep 2013

currency forecast for 6 sep 2013

mcx-sx usd inr forecasts

usdinr sep expiry future today closed at 66.64 with loss of 71 paise.in intraday mcx sx dollar rupee future made high near 66.95 while low was near 65.78.total 1.2 rupee intraday volatility and closed with loss as rupee rallies.here expect some bounce back upto 67.5 in upcoming session on downside 66.3 remain as support.

mcx-sx eur inr forecasts

eurinr sep future today closed at 88.03 with loss of 64 paise.in intraday mcx sx euro dollar future made high near 88.25 while low was near 86.02.total 2 rupee+ intraday volatility and closed near highs.here also expect some upside rally upto 89-90 levels on downside 87 remain as strong intraday support.

mcx-sx gbp inr forecasts

gbpinr sep expiry future today closed at 104.27 with loss of 78 paise.in intraday mcx sx pound rupee future made high near 104.56 while low was near 102.65.total 2 rupee range and closed with loss as rupee gains.here also same view and above 104 expect upside upto 105.5 to 107 in next few sessions.

mcx-sx jpy inr forecasts

jpyinr sep expiry future today closed at 66.7 with loss of 1.02 rupees.in intraday mcx sx yen rupee future made high near 67.5 while low was near 65.93.total 1.5 rupee intraday volatility and closed in red as yen weaken.here above 65 keep investment view on dips for target 68-72 in medium to long terms.

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Pramod Baviskar

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