Rupee to consolidate around 66.40/USD: 09.09.2016

Rupee to consolidate around 66.40/USD: 09.09.2016

NIFTY Fut               : SELL ZONE
BANKNIFTY FUT : SELL ZONE


Click Here  & Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753

The 10-year benchmark bond yield is likely to move towards the 7% level,

last Friday's disappointing US non-farm payroll data has pushed back expectation of a Fed rate hike. Emerging markets have reacted positively and spot USD-INR was thus able to break below Rs 66.80/USD.

The USD-INR pair to consolidate around Rs 66.40/USD. "The 10-year benchmark bond yield is likely to move towards the 7% level,"

Presented by

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.