Free currency tips for 23 July 2014

Free currency tips for 23 July 2014

Free currency tips for 23 July 2014

 

USDINR July expiry future last closed at 60.32 with 9 paisa loss. In Intraday MCX-SX Dollar-rupee, future hit high at 60.41 while low was 60.24. Total 17-paisa intraday range and closed with loss. For tomorrow, expect stronger rupee on dollar inflow in equity market.

EURINR July future last closed at 81.35 with loss of 34 paisa. In Intraday MCX-SX Euro-rupee, future hit high at 81.61 while low was 81.31. Total almost 30-paisa intraday range and closed with loss. Euro will bounce back ahead.

GBPINR July expiry future last closed at 102.9 with loss of 21 paisa. In intraday MCX-SX Pound-rupee, future hit high at 103.01 while low was at 102.85. Total 16-paisa intraday range and closed with loss. Pound may correct up to 102 on selling pressure.

JPYINR July expiry future last closed at 59.39 with 21 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 59.47 while low was at 59.33. Total 14-paisa intraday range and closed with loss. Yen below 59.8 will remain sell on rise for intraday.

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Pramod Baviskar

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