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Market correction to continue

Short-term wave counts show that there could be minor pullbacks next week, which will be small counter-trend rallies to correct for over-sold conditions. says Sonali Ranade Continuous Commodity......

Rupee to remain under pressure, may test new levels

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes,......

Has the Rocketing Rupee reached its Zenith?

It does feel like we are close to the end of the rupee's rally, says Jamal Mecklai. Illustration: Dominic Xavier/Rediff.com Technically, it is beginning to appear as if the rupee rocket, which has......

Dollar to be the best performing currency of 2015?

A stable dollar will at the minimum reduce further incremental cross-currency pain for Indian companies, notes Akash Prakash. Most are convinced the dollar will keep strengthening - so it's......

'Gradual rate hike by Fed works best for US, global markets'

Amid fears the US Federal Reserve might increase interest rates sooner than expected, the dollar has gained against most currencies. Singapore-based Nizam Idris, managing director & head of......

Rupee rebounds from one-week low, up 9 paise against dollar

Rebounding from one-week low, the Indian rupee on Thursday rose by 9 paise to finish at 62.16 against the dollar, snapping its four-day falling trend, on the back of dollar selling by banks and......
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