DATE: Monday, 29th June 2015
USD/INR: as on 26th June, 2015
The rupee continued its weakening trend on Friday for the fourth straight session by losing another two paise to 63.6450 per dollar in a range-bound trade on month-end demand for the American currency from importers despite weaker greenback overseas. However, foreign capital inflows into equity market restricted the rupee's fall to some extent.
USD/INR as on 26th June, 2015
Highest till date: 68.85 on 28th August, 2013
Forward premium (%) as on 26th June, 2015
USD/INR Cash/Tom/Spot Levels: (in Paisa)
(Updated as on 29th June, 2015, @ 10.00 am )
Cash/Spot: 2.00/3.00 Cash/Tom: 1.00/1.50
Tom/Spot: 1.00/1.50 Spot/Next: 1.00/1.50
Cash Date: 29th June, 2015.
Tom Date: 30th June, 2015.
Spot Date: 01st July, 2015.
MAJOR WORLD CURRENCIES: as on 26th June, 2015
USD: The dollar edged higher against a basket of other major currencies on Friday, after data showed that U.S. consumer sentiment improved unexpectedly this month, fuelling further optimism over the strength of the economy. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.21% at 95.57.
EUR: The euro trimmed losses against the U.S. dollar on Friday, but remained under pressure as upbeat U.S. consumer sentiment data added to optimism over the strength of the country's economy and as Greek debt negotiations remained in focus. EURUSD pair traded between 1.1129 and 1.1219 before closing at 1.1164.
GBP: The pound was almost unchanged against the U.S. dollar on Friday, as investors remained cautious amid ongoing Greek debt negotiations and as markets eyed a speech by Bank of England Governor Mark Carney due later in the day. GBP/USD hit 1.5706 during European morning trade, the session low; the pair subsequently consolidated at 1.5750.
GOLD: Gold prices were little changed during a listless trading period as investors await further clarification from ongoing Greek negotiations. Trade was stuck in a tight range, fluctuating between $1,168.25 and $1,178.60.
Outlook For The Day (29th June, 2015)
USD/INR is expected to trade in a range between 63.80 to 64.10 with higher bias. US dollar is expected to strenghten against the Majors.
MAJOR WORLD CURRENCIES:
as on 26th June, 2015
(Updated: 17:30 hrs. on 26th June, 2015)
1 EUR =
1 GBP =
100 JPY =
1 AUD =
1 CHF =
(Updated: 17:30 hrs on 26th June, 2015)
(As on 26th June, 2015)
Major Economic Data Releases for the Day
Net lending to individuals m/m
Pending home sales m/m
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