Welcome to the NYMEX Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
The range between the rupee’s starting and closing values has reduced to 5-7 paise in the past week due to the RBI’s action to stop the currency’s decline. Since December, there has been a gap between 10 and 20 paise. The intervention has resulted in consistent spot market sales of $1–2 billion per day, according…
Due to U.S. President Donald Trump’s implementation of fresh tariff measures, the Indian rupee fell to a new record low of 87.9563 against the US dollar on February 10. Compared to the previous trading session, when it opened at 87.4275 vs the US dollar, the local currency was significantly weaker at 87.9175. On February 9,…
The Agriculture Ministry in India has permitted the trading of 10 additional commodities on the electronic National Agriculture Market (e-NAM), increasing the total tradable items on the platform to 231. The new commodities include dried Tulsi leaves, Besant, wheat flour, chana sattu, water chestnut flour, asafoetida, dried fenugreek leaves, baby corn, dragon fruit, and water…
US President Donald Trump’s aggressive tariff measures against China, Mexico, and Canada, along with the recent threat against Europe, sparked worries of a global trade war, sending the rupee plunging to a new record low and the benchmark indices closing down on Monday. The rupee made its first foray below the 87/$ threshold. At 87.195/$,…
A weaker dollar and a lower-than-expected trade deficit figure helped the rupee, which had been declining for the previous five trading days, recover 28 paise, or 0.33%, against the dollar on Wednesday. This was the biggest rise in almost seven months. The rupee’s stability was also aided by the Reserve Bank of India’s intervention. After…
Following a lifetime low of 85.94 versus the dollar during intraday trading, the rupee finished Thursday down. The rupee kept falling while the dollar index kept rising. The US Fed is expected to slow down interest rate cuts this year due to persistently high inflation, the threat of widespread tariffs, and other possible policy changes,…
In early January 8 trading, the Indian rupee fell 9 paise to a record low of Rs 85.83 versus the US dollar, which is 0.069 percent less than the all-time low of Rs 85.77 reached on January 4. The strengthening of the US dollar and the increase in the price of crude oil caused the…
WTI oil prices have continued to decline, trading near $72.90 per barrel during the Asian session on Tuesday. Despite rising energy demand driven by colder weather and China’s economic stimulus efforts, these factors present a complex environment for oil markets. OPEC’s oil production fell in December due to the UAE’s supply cuts, which may support…
In early trading on Wednesday, the Indian rupee marginally declined in value relative to the US dollar, closing at 85.6725 against the US dollar, down from 85.6150 at the close of the previous session. A major factor in the depreciation is the demand for dollars, primarily from importers. The Indian rupee has been steadily declining…
Early on December 30, the rupee fell 5 paise versus the US dollar, reaching Rs 85.53. Increased demand from importers, withdrawals of foreign investment, and a decline in activity in the Indian equities market are the factors for the decrease in investor mood. The rupee opened worse at the interbank foreign exchange, falling 5 paise…
