Intraday currency report 26 aug 2014
USDINR Aug. expiry future last closed at 60.57 with 5 paisa gain. In Intraday MCX-SX Dollar-rupee future hit high at 61.1 while low was 60.42. Total 68-paisa intraday range and closed with gain. For tomorrow, expect continuation of this bounce back.
EURINR Aug. future last closed at 79.97 with loss of 34 paisa. In Intraday MCX-SX Euro-rupee future hit high at 80.02 while low was 79.75. Total almost 27-paisa intraday range and closed with loss. Euro below 81 rupee may continue to slide.
GBPINR Aug. expiry future last closed at 100.51 with gain of 22 paisa. In intraday MCX-SX Pound-rupee, future hit high at 100.61 while low was at 100. Total 61-paisa intraday range and closed with gain. Pound is showing recovery.
JPYINR Aug. expiry future last closed at 58.34 with 2 paisa loss. In intraday MCX-SX Yen-rupee, future hit high at 58.36 while low was at 57.99. Total 27-paisa intraday range and closed with loss. Yen is bounce back from oversold zone and 58 is strong support on downside.