Wednesday 19 June 2013

Currency Market Outlook – The Indian rupee rose, yet remained within close of its record

The Indian rupee rose on Wednesday, yet remained within close of its record low hit last week, as outflows from equity markets added to concerns about the funding of the current account deficit ahead of the U.S. Federal Reserve's decision on its stimulus programme. Rupee ends 58.71/72 per dlr versus 58.77/78 on Tuesday India to auction $7.15 bln govt debt limits on Thursday Fed outcome to determine near-term rupee direction

Today’s Key Headlines
 
1- Yen Gains First Time in Three Days before Bernanke; Krona Rises
2- Guide to Fed Decision Day from Statement to Bernanke Press Talk
3- Pound Falls versus Major Peers as Gilts Climb After BOE Minutes
4- Norway Seen Keeping Rates Unchanged After Tempering Krone Gains
5- Aussie Dollar Holds 3-Day Loss versus Greenback as FOMC Meets

For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf Also find information about daily currency update, INR vs Dollar Update, currency market outlook. Visit:- https://www.rrfinance.com/Reserch/ResearchHome.aspx

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