Forex Analysis Report

get daily professional forex analysis report here
Forex Analysis Report

Get to see the latest forex market movement trends updated many times a day during forex trading hours. International Forex Market Trends and Market Analysis Report provided by our professional forex trade dealing professionals and research team for the benefit of all our forex customers.

International Forex Market Trends and Rates for USD, Euro and Pounds provided below was last updated on Nov 27 ~ 17:00 - Indian Standard Time.

Latest Inter Bank Rates (Updated Every 15-30 Minutes)

Table showing Live Market Rates updated hourly
US Dollar66.750066.7700
GB Pounds100.3000100.5500

Market Trend Analysis - INR / USD / EURO / GBP

Trend Indicators against INR
- - - - - - - - - - - - - - -USD - - - - - - - -EURO - - - - - - - -GBP - - - - - -
Previous day--- -66.34/66.67----70.415/70.777-----100.263/100.772-------
Today's opening--66.65/66.66------70.35/71.00-----100.23/101.00------
Today range ------66.50/66.90-----------------------------------------------
& current month--65.80/67.00----------------------------------------------

The Indian rupee ended weaker against the U.S. Dollar, pulled down by month end demand for broadly strong greenback. The rupee closed at 66.56/57 against the previous day close of 66.32/33.

SPOT/INR:The Indian rupee opened weaker at 66.65/66 against the U.S. dollar, tracking its asian peers, as the US Market holiday yesterday kept trading in global currency markets range bound.

FORWARD PREMIUM: Forward dollar/rupee premium are likely to take cues from the spot.

GLOBAL DEVELOPMENTS:Asian shares fell and the dollar held near an 8-1/2-month peak on Friday, while the euro hovered around seven-month lows on expectations of additional stimulus from the European Central Bank next week. The broadest index of Asia-Pacific shares outside of Japan slid 0.5 percent, extending losses for the week to 0.7 percent. Japan's Nikkei reversed earlier gains to slip 0.3 percent, but was on track for a weekly gain of 0.2 percent. The Shanghai Composite index retreated 0.6 percent, heading for a 0.5 percent drop for the week. The dollar index against a basket of major currencies was little changed at 99.852, after scaling 100.170 earlier in the week, the highest since March. It is up 0.3 percent for the week. U.S. stock futures rose 0.3 percent to their highest level since Nov. 9 after a market holiday on Thursday for Thanksgiving Day. Although the U.S. holiday thinned global financial trade, the pan-European FTS Euro first 300 index gained 0.9 percent on Thursday to end at three-month high, led by German shares. The European Central Bank meets next Thursday and most in the market expect it to expand its asset purchase programme and lower its deposit rate, the rate at which banks park excess funds with it. Traders are now speculating that the ECB could cut rates more than the previous market consensus of a 0.10 percentage point reduction. The euro traded at $1.0610, not far from Wednesday's seven-month low of $1.0565. It also stood near a seven-month low against the yen, last fetching 130.07 yen. Oil prices edged lower, with U.S. stockpile data on Wednesday doing little to ease concerns about a supply glut. U.S. crude futures fell 1.2 percent to $42.52 a barrel as traders also unwound some of the buying they had made after Turkey had shot down a Russian warplane earlier this week. Brent futures edged down to $45.46 a barrel, compared to their two-week high of $46.50 hit earlier this week.

TODAY'S ECONOMIC DATA:DE Import prices MM data at 12.30 IST, GB nationwide house price MM data at 12.30 IST, FR Consumer Spending data at 13.15 IST, IT Business Confidence data 14.30 IST, GB GDP 2nd Release YY data at 15.00 IST, EZ Selling price Expectations data at 15.30 IST and CA Producer prices YY data at 19.00 IST.

NEAR TERM OUTLOOK FOR RUPEE: The Rupee is expected to continue as little weaker against greenback.

1. Heavy inflows in both equity and debt markets.

1. Demand from importers. (Oil & Defence)
2. Current Account deficit.
3. Fed's interest rate hike

Indicative / Forward / Cross Rates:

Table showing Indicative / Indicative Forward / Indicative Cross Rates
CurrencyFor ExportFor ImportMonthFor ExportFor Import
Indicative RatesIndicative Forward Rates
USD66.6566.66NOV 201566.6566.68
Indicative Cross RatesDEC 201569.9067.11
GBP1.50751.5120JAN 201667.2567.41
EUR1.05901.0630FEB 201667.6067.78
JPY122.80122.40MAR 201667.9568.12
CHF1.02501.0210APR 201668.3568.55

Note: This information is given only for guidance purpose without any obligation on the part of TMB or any of its officials. Any person dealing on the basis of the said information does so at his own risks and no objection arises to TMB or any of its officials. All such trading involves risks.

Card Rates:

Exchange Rates Information last updated in part or full on Friday, November 27, 2015 - 10:20 am (GMT +05:30:00) for ready transactions. All quotations are per unit of Foreign Currency (Japanese Yen in 100 Units).

Current Card Rates Table
Foreign CurrencyBuyingSelling
POUND STERLING100.07100.09100.00101.32101.20
SWISS FRANC64.1564.1564.0865.7565.74
Current CCY / TC Rates
CurrencyCCY BuyingCCY SellingTC BuyingTC Selling

Prime Rates:

Prime Rates for US Dollar w.e.f. December 18, 2008 is 3.25%

Interest Rates on FCNR-B Deposits

Table showing currently offered interest rates on FCNR-B Deposits
Currency1y - <2y2y - <3y3y - <4y4y - <5y5y
  • Above Interest Rates applicable from Nov 01, 2015 to Nov 30, 2015.

Our Contact Email ID: