top of page
  • Writer's picturefxmethods

MONDAY OUTLOOKS:- RUPEE WEAK, OIL DOWN ON TALK, CHINA COVID SPREADING!!

USDINR


On Fresh week start, The Rupee seems to commence Monday session between 76.65 -76.75 levels against the greenback as US Dollar Index begins the current week on a back foot as sellers attack 99.00 level during Monday’s early morning in the Asian session.


  • Oil prices fell at the start of the session, extending last week's decline, as a U.S. official said Russia was showing signs it might be willing to have substantive negotiations over Ukraine.


India has decided to temporarily relocate its embassy in Ukraine to Poland, the government said on Sunday.


  • Indian Prime Minister Narendra Modi has urged Russian President Vladimir Putin to hold direct talks with Ukraine's President Volodymyr Zelensky, according to an Indian government source.


Russia urged India to deepen its investments in the sanction-hit country's oil and gas sector, and is keen on expanding the sales networks of Russian companies in Asia's third-largest economy.


Mainland China reported 1,807 new local symptomatic COVID-19 cases on Sunday, the highest daily figure in two years and more than triple the caseload of the previous day, as surging infections in a northeastern province squeeze health resources.


Day Trend: - BUY ON DIP


INTRADAY RANGE – 77.31 (76.85 – 76.39) 75.93

Comentarios


bottom of page