The USD/INR is trading within the lower realms of its range having produced short term volatility, as speculators await a volley of important factors in the coming days.
As of this writing the USD/INR pair is near the 79.7700 mark as values change with the blink of any eye. Early this morning the USD/INR currency pair swiftly traded to lows and a ratio around the price of 79.6900 was momentarily seen. The spike lower quickly reversed higher and did teach speculators one tough lesson which is known by experienced traders of the USD/INR: opening spikes to start the day are dangerous and can flush out standing orders.