Tag Archives: Indian Rupee

A.M. Look 1/31/13

Spu’s…stillneed some sustained price action under 1490 for further downside. AUD/USD…needs under 103.80 to break further. (the futures are trading at a 35 point discount to cash) USD/INR…has been off our radar for a while. This is attempting an ORL … Continue reading

IUSDINR_-_Indian_(Rupee)_Index_Daily.gif…..Gold!!!!!!

This chart shows a big reversal in the Indian Rupee Whether this is just a technical bounce off the 200 & 50 day or something else remains to be seen. Since India is a big Gold consumer, a weakening Rupee … Continue reading