The Indian rupee rose against the dollar in early trade after employers in the world’s largest economy added fewer number of jobs than expected. Weak U.S. jobs report is hurting the dollar and lifting Asian currencies. Expectation of foreign fund inflows will further be supportive of the rupee. However, importers' demand and concerns surrounding Brexit may limit further losses for the dollar.

1. Morning Brief Daily Forex Research Report as on 11‐Mar‐2019
Indian Rupee
 The Indian rupee little changed at 70.01 pair now at 69.88 against
70.1450 previous close.
 Pair to tip in 69.80‐70.30 range today.
 The Indian rupee rose against the dollar in early trade after
employers in the world’s largest economy added fewer number of
jobs than expected. Weak U.S. jobs report is hurting the dollar and
lifting Asian currencies. Expectation of foreign fund inflows will
further be supportive of the rupee. However, importers' demand
and concerns surrounding Brexit may limit further losses for the
dollar.
Global Currency
 The dollar edged up on Monday, hovering close to a near three-month
high as investors continued to favour the greenback amid global
growth concerns, while sterling kept declining on uncertainty over
Britain's exit from the European Union.
 The pound fell for an eighth day, the longest-losing streak in 10
months, as reports circulated that Prime Minister Theresa May is
losing support for her Brexit vote and possibly her own position.
Sterling slid 0.4% to 1.2966 after May failed to secure significant
concessions from the European Union in the latest round of talks. She
should put the vote on hold, the Times said.
Global Markets
 Oil prices rose on Monday, lifted by comments from Saudi oil
minister Khalid al‐Falih that an end to OPEC‐led supply cuts was
unlikely before June and a report showing a fall U.S. drilling activity.
Brent crude futures LCOc1 were at $65.04 per barrel, up 30 cents.
 Gold prices inched lower on Monday as the dollar firmed, but
concerns about global economic slowdown further increased by
poor U.S. jobs data kept the precious metal pinned at near a more
than one‐week peak level.

2. Global Market at one Glance
Markets Today In INR % Change
USD/INR 69.885 69.895 ‐0.16
EUR/USD 1.12331 78.50 ‐0.27
GBP/USD 1.29777 90.69 ‐0.41
USD/JPY 111.107 0.63 ‐0.23
SEK/INR 9.4270 7.4133 ‐0.0149
DKK/INR 6.2383 11.2025 0.0325
AUD/USD 1.4201 49.20 ‐0.33
TIME USD LIBOR EURO LIBOR
1M 2.4915 ‐0.41414
3M 2.59663 ‐0.33014
6M 2.679 ‐0.29443
1Y 2.86363 ‐0.17486
Index
Today % Change
NIFTY 11137.45 0.92
SENSEX 36978.69 0.84
BANK NIFTY 28014.7 0.91
SGX NIFTY 9347.5 0.33
NIKKEI 21025.56 ‐2.01
HANG SENG 28422.15 0.69
SHANGHAI 3006.1871 1.22
ASX200 6180.9 ‐0.37
DOW JONES 25450.24 ‐0.09
S&P500 # 2743.07 ‐0.21
NASDAQ # 7015.69 0
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5 Minutes INR=IN 4:50 PM 03/06/2019 - 11:35 AM 03/11/2019 (DEL)
Cndl, INR=IN, 10:30 AM 03/11/2019, 69.8800, 69.8800, 69.8800, 69.8800, -0.2650, (-0.38%) Price
INR
69.8
69.85
69.9
69.95
70
70.05
70.1
70.15
70.2
70.25
69.8800
08:35 10:35 12:35 14:35 16:35 10:35 12:35 14:35 16:35 10:35
March 07 2019 March 08 2019 Mar 11 19
Key Events of the Day
Date Time Currency Event Forecast Previous
11/03/2019 18.00 USD Core Retail Sales (MoM) (Jan) 0.4% ‐1.8%
11/03/2019 18.00 USD Retail Sales (MoM) (Jan) 0.0% ‐1.2%