US dollar, Indian rupee likely to extend gains, stock cues negative - Indian Express

US dollar, Indian rupee likely to extend gains for a second session tracking regional stock losses. The pair may open around 54.46/50 levels versus 54.43/44 close on Wednesday, according to a dealer with a foreign bank, who expects 54.35 support for now. * The pair likely to track global developments with Bank of Japan, ECB outcomes awaited. * The Nifty India stock futures traded in Singapore down 0.5 percent, while the MSCI's Asia ex-Japan index 0.56 percent lower. * Won, Philippine peso, baht weaker; ringgit edges up. * The yen held near one-month highs against the dollar early in Asia on Thursday, with investors adopting a cautious stance as they waited to see just how aggressive the Bank of Japan will be in tackling deflation. Tags: US dollar, Indian rupee, US dollar vs Indian rupee, Rupee value, banking news Previous Story Cong or BJP will lead govt after 2014 LS polls: Advani Next Story Majority of Democrats want Hillary Clinton to contest 2016 elections Reader's Comments | Post a comment via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjMK_Ih5nkmicGg6ikCK-ZUUVjHw&url=http://www.indianexpress.com/news/us-dollar-indian-rupee-likely-to-extend-gains-stock-cues-negative/1097542/

Put the internet to work for you. via Personal Recipe 2910127