Currency report for 8 July 2014

Currency report for 8 July 2014

Currency report for 8 July 2014

 

USDINR July expiry future last closed at 60.24 with 21 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 60.29 while low was 60.04. Total 25-paisa intraday range and closed with gain. For tomorrow, below 61 keep sell on rise view.

 

EURINR July future last closed at 81.9with gain of 35 paisa. In Intraday MCX-SX Euro-rupee future hit high at 81.93 while low was 81.54. Total almost 40-paisa intraday range and closed with gain. Euro for intraday below 82.5 remain sell on rise.

 

GBPINR July expiry future last closed at 103.14 with gain of 32 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.31 while low was at 102.89. Total 42-paisa intraday range and closed with gain. Pound may show deep correction ahead.

 

JPYINR July expiry future last closed at 59.13 with 31 paisa gain. In intraday MCX-SX Yen-rupee, future hit high at 59.15 while low was at 59.8. Total 35-paisa intraday range and closed with gain. Yen below 59.8 will remain sell on rise for intraday.

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Pramod Baviskar

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