Currency report 12 June 2014

Currency report 12 June 2014

Currency report 12 June 2014

 

USDINR June expiry future last closed at 59.45 with 8 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 59.53 while low was 59.37. Total 15-paisa intraday range and closed with gain. For tomorrow, stay long with stop loss below 59.

 

EURINR June future last closed at 80.61 with gain of 20 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.64 while low was 80.37. Total almost 27-paisa intraday range and closed with gain. For tomorrow, stay long with strict stop loss below 80.2.

 

GBPINR June expiry future last closed at 99.84 with gain of 17 paisa. In intraday MCX-SX Pound-rupee, future hit high at 99.86 while low was at 99.56. Total 30-paisa intraday range and closed with gain. For tomorrow, stay long for target 100.3.

 

JPYINR June expiry future last closed at 58.38 with 34 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 58.41 while low was at 58.1. Total 31-paisa intraday range and closed with gain. Yen above 58 rupee will remain buy and accumulate.

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Pramod Baviskar

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