DATE: Friday, 06th May, 2016
USD/INR: as on 05th May, 2016
The rupee recouped from its morning losses against the American currency and ended barely steady at 66.55 on mild selling of dollars by banks and exporters in view of recovery in the domestic equity market.
USD/INR as on 05th May, 2016
Highest till date: 68.85 on 31st August, 2013
Forward premium (%) as on 05th May, 2016
USD/INR Cash/Tom/Spot Levels: (in Paisa)
(Updated as on , 06th May, 2016 @ 10.00 am )
Cash/Spot: 4.00/6.00 Cash/Tom: 3.00/4.50
Tom/Spot: 1.00/1.50 Spot/Next: 1.00/1.50
Cash Date: 06th May, 2016
Tom Date: 09th May, 2016
Spot Date: 10th May, 2016
MAJOR WORLD CURRENCIES: as on 05th May,2016
USD: The dollar rose against a basket of currencies for a third day on Thursday as traders closed out profitable bets against the greenback before Friday's U.S. payrolls report which may confirm the view the Federal Reserve will not raise interest rates soon. The dollar index, which measures the U.S. dollar's value versus six currencies, fell to its lowest in over 15 months on Tuesday, led by the yen's surge partly on skepticism about whether Japan policy-makers would intervene to slow its rise.
EUR: EUR/USD traded between 1.1384 and 1.1495, before settling at 1.1404 on the session.
GBP: GBP/USD traded in a range between 1.4441 and 1.4529 during the session. The pair subsequently consolidated at 1.4481.
GOLD: Gold traded in a range between $1268.86 and $1286.00 and closed at $1277.66 during the session.
Outlook for the day (06th May, 2016)
USDINR is expected to trade in the range of 66.42 and 66.80. Major currencies are expected to be range bound against the Greenback.
MAJOR WORLD CURRENCIES:
as on 05th May, 2016
(Updated: 18:30 hrs. on 05th May, 2016)
1 EUR =
1 GBP =
100 JPY =
1 AUD =
1 CHF =
(Updated: 17:30 hrs on 05th May, 2016)
(As on 03rd May, 2016)
Major Economic Data Releases for the Day
Average Hourly Earnings
Non Farm Employment Change
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