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FxWirePro -Major European Indices

FxWirePro: USD/ZAR recovers slightly but trend is still bearish

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USD/INR seen in 62.60-80 range so far

Friday, March 27, 2015 6:20 AM UTC

USD/INR dropped post lower than expected open
Stop sales triggered by exporters, pair fell to 62.60 low last
INR sentiment boosted by bounce in stocks after sell-off yesterday
Pair last at 62.58-61, traded 62.60-80 range thus far, NDFs last at 63.06-63.11, Sensex +0.27%

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USD/INR seen in 62.60-80 range so far

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