Currency predictions 12 February 2014

Currency predictions 12 February 2014

USDINR February expiry future last closed at 62.39 with 23 paisa loss. Today in Intraday MCX-SX Dollar-rupee future hit high at 62.65 while low was 62.36. Total 30-paisa intraday range and closed with loss. For tomorrow, US dollar future, outlook is bearish and may show 62 on chart.

 

EURINR February future last closed at 85.28 with loss of 9 paisa. Today in Intraday MCX-SX Euro-rupee future hit high at 85.6 while low was 85.25. Total almost 35-paisa intraday range and closed with loss. For tomorrow, euro future target is at 84.8.

 

GBPINR February expiry future last closed at 102.5 with loss of 17 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.88 while low was at 102.35. Total 53-paisa intraday range and closed with loss. For tomorrow pound, future downside target will be 101.8.

 

JPYINR February expiry future last closed at 60.93 with 39 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 61.65 while low was at 60.91. Total 74-paisa intraday range and closed with loss. For tomorrow yen, future may continue downtrend and show 60.5 levels.

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Pramod Baviskar

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