US Dollar / Indian Rupee (USD/INR)
Track the US Dollar (USD) and Indian Rupee (INR) exchange rate. Access live data and expert analysis to make informed trading moves at FP Markets .
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US Dollar / Indian Rupee (USD/INR) Trading FAQ
While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the USD/INR whenever the currency pair is more volatile. From 09:00 to 15:30 GMT., the USD/INR is usually busy (GMT).
Many factors can affect the USD/INR market sentiment and spot rates, such as central banks policies, the price of commodities in each country, exports of both countries, economic growth, and political stability.
The USD/INR pair is based on the transparent market mechanism which makes it a lot more preferable for individual traders with limited access to infromation and insights. In fact, like your normal equity or F&O trading screen, you can log into your trading terminal and see the best 5 buy and sell quotes with volumes that reduces information asymmetry substantially.
As you may already know, trading via CFDs (contracts for difference) is one of the most popular approaches when dealing with currencies such as USD and KRW. While there are numerous Forex brokers out there. Try to find one that suits your needs. Such as FP Markets, a fully regulated broker that offers all types of platforms and accounts, to suit every need.
