RUPEE OPENED @ 72.70/71

Rupee opened after two day holiday with 30 pips gain at 72.70/71 Vs Tuesday Closed at 72.99/73.00 levels against greenback. Rupee strength coming from Brent Oil 20% Sharp fall in November'18. But from early trade rupee losing opening gain due to globally Dollar demand rising on FED hawkish comment.

Intraday events that Impact On Rupee 

1. YUAN AGAIN UP

2. YIELDS UP ON FED 

3. OIL DOWN 

4. INDICES FALL

INTRADAY RANGE - 72.40 (72.59 - 72.93) 73.10

GLOBAL MARKET SENTIMENT​

1. Dollar Extends Gains as Fed Firms up December Rate Hike Expectations

2. USD/JPY retreats from five-week high

3. EUR/JPY : eroding key rising trendline, recovery rally falling apart

4. AUD/USD keeps losses as China's PPI growth slows to 3.3%

5. EUR/USD : Euro Down Trend Back in Play

6. PBOC set the yuan reference rate at 6.9329

7. USD/MXN hits 1-week highs above 20.00 after a sharp reversal

8. Oil prices down 20 percent in a month as fundamentals weaken

9. Gold's price hit 8-day low in Asia

10. Asian Stocks Fall as U.S. Federal Reserve Leaves Interest Rates Unchanged

11. China's producer inflation slows again in October on ebbing domestic demand