Currency report for 10 July 2014

Currency report for 10 July 2014

Currency report for 10 July 2014

 

USDINR July expiry future last closed at 60.01 with 6 paisa loss. In Intraday MCX-SX Dollar-rupee future hit high at 60.17 while low was 59.9. Total 27-paisa intraday range and closed with loss. For tomorrow, expect high volatility and 59.8 to 60.5 range for dollar.

 

EURINR July future last closed at 81.64 with loss of 3 paisa. In Intraday MCX-SX Euro-rupee future hit high at 81.91 while low was 81.56. Total almost 35-paisa intraday range and closed with loss. Euro may continue to correct.

 

GBPINR July expiry future last closed at 102.64 with loss of 12 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.02 while low was at 102.5. Total 52-paisa intraday range and closed with loss. Pound may show levels below 102.

 

JPYINR July expiry future last closed at 59.05 with 2 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.2 while low was at 58.91. Total 29-paisa intraday range and closed with loss. Yen may correct up to 58.5.

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Pramod Baviskar

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