Daily FX Trends - Commentaries

USD/INR EURO/USD GBP/USD USD/JPY USD/CHF
Macro Support-Resistance Levels 90.00-93.50 1.1250-1.2100 1.2800-1.3700 142.00-159.00 0.7500-0.8300
Sentiment against USD Positive Positive Positive Positive Positive
Forecast for the day 91.35-91.90 1.1550-1.1680 1.3325-1.3425 156.00-158.00 0.7775-0.7830

Indian rupee closed weaker at ₹91.75 levels ; amid FII’s outflows and elevated crude oil prices weighed on sentiment. The currency also slipped against the euro and pound, supported by stronger European data and resilient UK retail sales. Globally, the dollar index held firm around 99.20, underpinned by steady U.S. employment figures, while the yen strengthened on safe-haven demand. Commodity-linked currencies such as the Australian dollar gained on firmer oil and metals prices. Overall, forex markets reflected caution, with dollar strength balanced by regional and commodity-driven gains.

Rupee opened flat this morning at 91.65 levels, as markets are closely watching the developments in Gulf region. Equity market benchmarks are trading about 0.7 lower in early trades.



DXY is trading higher at 98.97 level. DXY is trading higher as the the Middle east conflict escalated, as both Iran and US have signaled that hostilities could intensify in the coming days, pushing energy prices sharply higher.


click here to view Evening Report