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USD/INR in consolidation stage

Pair ended at 63.60 yesterday, after intraday high at 63.70, likely trading range is 63.40/70 Oil trader bids, intervention fears to stall selling pressure NDFs traded 63.85-63.90 range overnight, closed 63.85-90 in NY

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  • Pair ended at 63.60 yesterday, after intraday high at 63.70, likely trading range is 63.40/70

  • Oil trader bids, intervention fears to stall selling pressure

  • NDFs traded 63.85-63.90 range overnight, closed 63.85-90 in NY 

 

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