Daily

Daily Currency Market Update


HIGHLIGHTS:

The dollar held steady against other majors on Wednesday, as investors remained cautious due to the potential of fresh geopolitical tensions with North Korea. Market sentiment was still madly supported as Hurricane Irma appeared to have caused less damage than feared and in the absence of any new provocations from North Korea. Irma, which had hammered the Caribbean late last week and was one of the most powerful Atlantic hurricanes, weakened to a tropical depression, easing concerns over the severity of its financial impact. Separately, market participants seemed to shrug off North Korea’s rejection of sanctions imposed by the U.N. Security Council. The Security Council voted unanimously on Monday to step up sanctions on the peninsula, in response to its sixth nuclear test. U.S. President Donald Trump said Tuesday that the U.N. sanctions were a "very small step" and "nothing compared to ultimately what will have to happen" to combat the regime's nuclear program.

Tags: Technical


Search Reports

SEARCH

Open an account

OPEN AN ACCOUNT

Reports

Daily Market Update...

On 25/09/2017 markets opened...

Read More

Daily Metal & Agro Buzz:

HIGHLIGHTS: With the strong...

Read More

Daily Currency Market...

HIGHLIGHTS: The dollar held...

Read More

Daily Market Update...

Sensex ended with net loss of...

Read More

Daily Market Update...

On 21/09/2017 markets opened...

Read More

SOUTHBANK

POSITIONAL CALL: BUY...

Read More

INTELLECT

POSITIONAL CALL: BUY...

Read More

SUNTV

POSITIONAL CALL: BUY SUNTV AT...

Read More

MCDOWELL

POSITIONAL CALL: BUY MCDOWELL...

Read More

MCX

POSITIONAL CALL: BUY MCX AT...

Read More

Subscribe to newsletter

Request a call back

DISCLAIMER: This document has been prepared by Arihant Capital Markets Limited (hereinafter called as Arihant) and its subsidiaries and associated companies. This document does not constitute an offer or solicitation for the purchase and sale of any financial instrument by Arihant. This document has been prepared and issued on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst meticulous care has been taken to ensure that the facts stated are accurate and opinions given are fair and reasonable, neither the analyst nor any employee of our company is in any way is responsible for its contents and nor is its accuracy or completeness guaranteed. This document is prepared for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice. The investments discussed in this material may not be suitable for all investors. The recipient alone shall be fully responsible/are liable for any decision taken on the basis of this material. Arihant Capital Markets Ltd (including its affiliates) or its officers, directors, personnel and employees, including persons involved in the preparation or issuance of this material may; (a) from time to time, have positions in, and buy or sell or (b) be engaged in any other transaction and earn brokerage or other compensation in the financial instruments/products discussed herein or act as advisor or lender/borrower in respect of such securities/financial instruments/products or have other potential conflict of interest with respect to any recommendation and related information and opinions.