A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Indian Rupee/USD Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Indian Rupee/USD Futures technicals for a more comprehensive analysis.
The current price of Indian Rupee/USD Futures is 119.71 USD — it has fallen 0.04% in the past 24 hours.
The volume of Indian Rupee/USD Futures is 18.00.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Indian Rupee/USD Futures this number is 1.04 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Indian Rupee/USD Futures shows that traders are closing their positions, which means a weakening trend.