USD is now at 75.09. USDINR opened at 75.14. Expected range: 74.93-75.16. Crude continued to climb higher and Brent crude is now above USD 83. USDINR is sustaining above 75 and is trading at 75.10. Indian Equity indices have shrugged off Crude worries and is still climbing. US 10 Year yiels is higher at 1.61% and is supporting USD despite weaker than expected jobs data. Indian IIP, CPI and US CPI are key data events for the week.
-USDINR is at 75.09 .Prior day’s close was 74.99.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 6.32%.
-USDINR 1 yr fwd premia is at 4.42%.
USDINR @ 75.09, EUR/USD 1.1572, GBP/USD @ 1.3642, USD/JPY @ 112.66, EUR/INR @ 86.89, GBP/INR @ 102.45, JPY/INR @ 66.76.
Gold@1757, WTI Crude @ 80.80, Nifty @ 17988(+94), 10 Year G-SEC @ 6.32%.
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