Currency Today

Research report by 'RR Financial Consultants'
     
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Fundamental Analysis:

Rupee :


The Indian rupee fell on Monday in line with lower regional peers but the domestic share market open and the monthly inflation data due around noon would be watched for further direction Neutral

Dollar Index:. The US Dollar Index is testing resistance at 76.6. P enetration of the declining trend line signals that the primary down-trend is weakening. The dollar rally was initially spurred by a Bureau of Labor Statistics report of surprisingly low job losses for November Its supports seem near 75-75.20

 (Dollar Index – 76.49) Neutral 


   
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