Indian Forex Forum
Indian Forex Forum
yesterday at 09:31. Facebook
The Right Prediction for Eur/Usd Daily Chart Candle for this Week are as Follows:-
Mon:-BULL
Tue:- BULL
Wed:- BULL
Thu:- BEAR
Fri:- BULL
The Participant who have Predicted Most Daily Candles Correctly is the Winner.

**WINNER FOR Euro Daily Magic Contest (Week 47) :-15th May 2017.:-

1.Bieela - $9.09
2.Ticky - $9.09
3.neil92 - $4.54
4.asifaj - $12.5
5.iza28 - $4.54
6.anju28 - $4.54
7.sasa -...
View details ⇨
The Right Prediction for EurUsd Daily Chart Candle for this Week are as Follows:

Winners of Euro Daily Magic (Weekly Contest).

indian-forex.com
Ahleyan Abdulrehman
Indian Forex Forum
Indian Forex Forum
yesterday at 05:44. Facebook
Rupee logs 2nd straight loss, down 7 paise to 64.15

The rupee failed to maintain its strong initial gains and ended lower by 7 paise at 64.15, the second consecutive session fall against the US dollar due to sustained demand for the American currency from importers.

However, robust capital inflows into local equities along with greenback's weakness against other currencies overseas capped...
View details ⇨
Rupee logs 2nd straight loss down 7 paise to 6415
Indian Forex Forum
Indian Forex Forum
yesterday at 05:00. Facebook
Dollar pressured by US political turmoil, strong eurozone data

The dollar nursed its losses on Wednesday after taking a hit from solid eurozone economic data, a fall in US yields on heightened turmoil in Washington and downbeat housing data that reduced expectations of a Federal Reserve rate hike next month.

The dollar index, which scaled a 14-year peak of 103.82 on January 3 on hopes for...
View details ⇨
Dollar pressured by US political turmoil strong eurozone data
Indian Forex Forum
Indian Forex Forum
yesterday at 02:38. Facebook
Italy’s inflation accelerates to 1.9%

The consumer price index in Italy rose by 1.9% in April 2017 from the same period a year ago, national statistics institute Istat said. In March, the index rose by 1.4%. Month-on-month, prices edged up by 0.4%.

Consumer prices excluding volatile energy prices, food and alcohol prices went up by 1.1% year-on-year, following a 0.7% increase in March....
View details ⇨
Italys inflation accelerates to 19 The consumer price index in Italy rose
Indian Forex Forum
Indian Forex Forum
05/22/2017 at 06:30. Facebook
Rupee opens 9 paise higher at 63.99 against US dollar

The rupee on Wednesday opened 9 paise higher at 63.99 against dollar on account of selling of American currency by banks and exporters amid sustained inflows by foreign institutional investors.

On today movement of rupee, Angel Commodities in a research note said, “USDINR spot is likely to appreciate owing to weak US Dollar index amid...
View details ⇨
Rupee opens 9 paise higher at 6399 against US dollar
Indian Forex Forum
Indian Forex Forum
05/22/2017 at 05:40. Facebook
Rupee pauses after 3-day rally, retreats from 21-month high

Catching its breath after a spectacular three-day rally, the rupee surrendered some gains against the US currency and settled lower by 3 paise at 64.08 on fresh bouts of dollar demand.

The domestic currency had ended at a fresh 21-month high on Monday.

Robust capital flows into equities and debt along with subdued dollar...
View details ⇨
Rupee pauses after 3day rally retreats from 21month high
Indian Forex Forum
Indian Forex Forum
05/22/2017 at 04:55. Facebook
Global cyber attack affects Russian companies

Now Russia is also among the countries affected by the global cyber attack. However, no hackers in the world will be able to influence the results of the Russian election as it is not about America. Nonetheless, the virus affected the electronic system of the Russian Railways as well as a number of other state institutions badly.

Some citizens of...
View details ⇨
Global cyber attack affects Russian companies
Indian Forex Forum
Indian Forex Forum
05/19/2017 at 05:30. Facebook
Tesla takes orders for solar roof tiles

US-based Tesla Inc. has begun taking orders for its solar roof tiles, Chief Executive Elon Musk said. According to him, Tesla’s solar roof will be cheaper than a regular tile roof, although more expensive than asphalt tiles. To make a pre-order, an advance payment of $1,000 is needed.

SolarCity will start solar panels installation in the US in summer....
View details ⇨
Tesla takes orders for solar roof tiles USbased Tesla Inc has begun
Indian Forex Forum
Indian Forex Forum
05/19/2017 at 04:19. Facebook
Rupee nearing 63-level, zooms 26 paise to 21-month high

Continuing its dominance against the dollar, the rupee shot up by a whopping 26 paise to end at a fresh 21-mth high of 64.05 driven by robust macro data even as exporters aggressively offloaded the American currency.

This is the rupee's highest closing since August 10, 2015, when it had ended at 63.87 against the US dollar.

The forex...
View details ⇨
Rupee nearing 63level zooms 26 paise to 21month high
Indian Forex Forum
Indian Forex Forum
05/19/2017 at 03:16. Facebook
Rupee set to break out of long-term trend line, rise till 61.80 in near term

The rupee has gained more than 5.5 per cent since January 2017, not only due to divergence in policies of different central banks and geopolitical and economic events, but local political factors also supported the gains. The USD-INR futures closed at 64.45 on May 12, 2017.

A lot of positive factors have helped the...
View details ⇨
Rupee set to break out of longterm trend line rise till 6180 in near term
Indian Forex Forum
Indian Forex Forum
05/18/2017 at 05:25. Facebook
Global demand for physical silver contracts by 11%

Global silver supply dropped by 3% in 2016 to 1.007 billion ounces, Thomson Reuters GFMS survey showed. Silver mine production fell to 885.8 million ounces, marking the lowest level in 14 years. That was largely the result of lower investments in the preceding years.

Russia’s silver output declined by 8% to 46.6 million ounces, sending it...
View details ⇨
Global demand for physical silver contracts by 11
Indian Forex Forum
Indian Forex Forum
05/18/2017 at 05:18. Facebook
Indian tech giants have new worry with surprise rupee rally

Just six months ago, Indian companies and policy makers were grappling with a record-low exchange rate. Now, the rupee’s unexpected rebound is causing fresh problems.

While the currency’s 5.6 percent jump against the dollar so far this year will help tamp down inflation, it’s posing a challenge for the earnings of India’s...
View details ⇨
Indian tech giants have new worry with surprise rupee rally
Indian Forex Forum
Indian Forex Forum
05/18/2017 at 03:15. Facebook
Rupee extends gain; opens 19 paise higher at 64.12 against dollar

The rupee extended its gains for the third straight session on Monday and opened 19 paise higher at 64.12 against dollar on account of selling of American currency by banks and exporters.

Meanwhile, domestic equity markets opened in green following global markets. The BSE Sensex opened 99.22 points, or 0.33 per cent, up at...
View details ⇨
Rupee extends gain; opens 19 paise higher at 6412 against dollar
Indian Forex Forum
Indian Forex Forum
05/17/2017 at 05:08. Facebook
Rupee opens 5 paise higher at 64.38 against dollar

The rupee opened 5 paise higher at 64.38 against dollar on Friday on account of selling of American currency by banks and exporters.

The local currency on Thursday closed 25 paise up at 64.38 against dollar. The forex market further got a boost sentiment from the domestic equities' record-setting spree.

Meanwhile, domestic equity markets...
View details ⇨
Rupee opens 5 paise higher at 6438 against dollar
Indian Forex Forum
Indian Forex Forum
05/17/2017 at 04:06. Facebook
Rupee zooms 25 paise to 64.38 against US dollar

Scripting its biggest single-day gain in four weeks, the rupee today rallied by 25 paise to 64.38 a dollar on heavy selling of the US currency.

The forex market sentiment also got a boost from the domestic equities' record-setting spree.

The domestic unit opened substantially higher at 64.49 from Tuesday's closing of 64.63 at the Interbank...
View details ⇨
Rupee zooms 25 paise to 6438 against US dollar
Indian Forex Forum
Indian Forex Forum
05/17/2017 at 03:11. Facebook
Apple intends to issue bonds to pay stockholders

MarketWatch citing the data of CreditSights reports that Apple Inc. intends to issue corporate bonds. The corporation is going to use these funds to pay dividends, repurchase shares, and refinance the existing debt.

According to CreditSights, Apple will issue bonds with a maturity of 3, 5, 7, and 10 years with a fixed and floating rate....
View details ⇨
Apple intends to issue bonds to pay stockholders
Fannie Mae reports net income of $2.8 billion in Q1

Mortgage-finance giant Fannie Mae reported an increase in its first-quarter net income to $2.8 billion from $1.1 billion it posted a year ago. Meanwhile, in the fourth quarter of 2016 the company’s profit came in at $5 billion.

The growth was due to the strengthening US housing market.

In the meantime, Freddie Mac reported quarterly net...
View details ⇨
Fannie Mae reports net income of 28 billion in Q1
1.) What will you do "If there is no clear Trend the whole Day Long"? :-

What will you do if there is no clear trend, the whole day long? When we can not analysis the trend well, and even when we refer to other Professionals Analysis, we still feels confused about the trend. What will you do? Will you just place an order and gamble in the market? Or you will wait till you find a trending...
View details ⇨

What will you do "If there is no clear Trend the whole Day Long"?

indian-forex.com
Rupee opens 14 paise higher at 64.49 against dollar

The rupee on Thursday opened 14 paise higher at 64.49 against dollar on Thursday on account of selling of American currency by banks and exporters.

The local currency on Tuesday closed 32 paise down at 64.63 against dollar.

Meanwhile, domestic equity markets opened in green following firm global cues. The BSE Sensex was trading over 80...
View details ⇨
Rupee opens 14 paise higher at 6449 against dollar
Rupee zooms 25 paise to 64.38 against US dollar

Scripting its biggest single-day gain in four weeks, the rupee today rallied by 25 paise to 64.38 a dollar on heavy selling of the US currency.

The forex market sentiment also got a boost from the domestic equities' record-setting spree.

The domestic unit opened substantially higher at 64.49 from Tuesday's closing of 64.63 at the Interbank...
View details ⇨
Rupee zooms 25 paise to 6438 against US dollar