Currency report 23 June 2014
USDINR June expiry future last closed at 60.26 with 10 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 60.42 while low was 60.19. Total 23-paisa intraday range and closed with gain. For intraday expect correction on profit booking.
EURINR June future last closed at 81.85 with loss of 15 paisa. In Intraday MCX-SX Euro-rupee future hit high at 82.3 while low was 81.81. Total almost 50-paisa intraday range and closed with loss. Euro may show 30-40 paisa correction.
GBPINR June expiry future last closed at 102.65 with gain of 24 paisa. In intraday MCX-SX Pound-rupee, future hit high at 102.98 while low was at 102.4. Total 58-paisa intraday range and closed with gain. For intraday stay short on pound with stop loss 103.2.
JPYINR June expiry future last closed at 59.03 with 5 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.34 while low was at 58.97. Total 35-paisa intraday range and closed with loss. Yen may correct up to 58.5.