Currency report 10 June 2014
USDINR June expiry future last closed at 59.25 with flat. In Intraday MCX-SX Dollar-rupee future hit high at 59.31 while low was 59.04. Total 27-paisa intraday range and closed flat. For tomorrow, stay long with stop loss below 58.9.
EURINR June future last closed at 80.71 with loss of 15 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.86 while low was 80.54. Total almost 32-paisa intraday range and closed with loss. Euro below 81 may remain bearish.
GBPINR June expiry future last closed at 99.59 with loss of 10 paisa. In intraday MCX-SX Pound-rupee, future hit high at 99.76 while low was at 99.25. Total 50-paisa intraday range and closed with loss. For tomorrow, above 99 keep buy on dips view.
JPYINR June expiry future last closed at 57.89 flat. In intraday MCX-SX Yen-rupee, future hit high at 58.2 while low was at 57.6. Total 60-paisa intraday range and closed flat. Yen above 57.5 rupee will remain buy and accumulate.