December 10, 2012 / 3:27 AM / 5 years ago

MARKET EYE-USD/INR seen weaker; equities to be watched

* USD/INR seen opening marginally weaker at 54.35/38
levels in opening trade, as regional equities were positive. The
pair had closed at 54.47/48 on Friday.
* Traders will watch the domestic share market for direction
during the day. Nifty futures on the Singapore Exchange 
up 0.28 percent. The MSCI-Asia Pacific index, excluding Japan
 is also 0.3 percent higher.      
*  The euro flirted with two-week lows against the dollar on
Monday after Italian Prime Minister Mario Monti offered to
resign, raising political uncertainty over who will lead the
euro zone's third-biggest economy. 
* Traders expect the pair to open around 54.35 levels and move
in the 54.20 to 54.60 range during the day.

 (archana.narayanan@thomsonreuters.com; +91-22-61807244; Reuters
Messaging: archana.narayanan.thomsonreuters.com@reuters.net)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below