Thursday, October 15, 2026

Technicals

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USD/INR likely to consolidate, market eyes on June manufacturing PMI

Pair remains heavy on FDI sales, bullish on economic outlook Dips below 60.60 unlikely on intervention fears, Increased selling pressure in EUR INR NDFs traded btw 63.91-64.01 range overnight, closed 63.91-97 in NY June …

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair remains heavy on FDI sales, bullish on economic outlook

  • Dips below 60.60 unlikely on intervention fears, Increased selling pressure in EUR

  • INR NDFs traded btw 63.91-64.01 range overnight, closed 63.91-97 in NY

  • June manufacturing PMI eyed at 0500GMT, Previous 52.6

  • India April-may fiscal deficit trln, 37.5% of government estimate for FY16 

 

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By FxWirePro Team