FX FundamentalTechnician

17/09/2021

If the Fed doesn't slow the pace of its monthly bond purchases in the next few months, its balance sheet will be close to $9 trillion by yearend. In the past three months alone, its holdings have expanded by $384 billion, to $8.45 trillion.

16/09/2021

expiry profit.. closed all intraday position

03/09/2021

Profit since April

31/08/2021

Rupee kept its upstream scaled to 73.10 up 0.30 on back of strong capital market performance. The softness in crude & dollar index prices also kept the pressure on USDINR helping the rupee scale higher.

With strong vaccination drive in India and economy opening strongly pushed the prices higher. Going ahead range for rupee can be seen between 72.75-73.25.

27/08/2021

Jerome Powell says the Fed could begin tapering bond purchases this year, though it won’t be in a hurry to begin raising interest rates after that

Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, though it won’t be in a hurry to begin raising interest rates thereafter.

26/08/2021

Rupee inches 3 paise higher to 74.21 against US dollar in early trade

06/08/2021

RBI maintains status quo; keeps repo rate unchanged

01/08/2021

As per NSE.. The quantity limit freeze for nifty derivatives contract is 2800..bank nifty 1200 and for nifty financial services is 2800..

27/07/2021

Intraday

22/07/2021

The rupee (INR), after facing considerable downward pressure since the beginning of June against the dollar (USD), now seems to be gaining some ground over the past week as it has largely been held within 74.40 and 75. While the foreign flows does not seem to be encouraging, a sharp drop in crude oil price can help to domestic unit by acting as a buffer.