JPYINR is consolidating in the wide range of 59.10 - 59.75 - Swastika Investmart
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar edges up against yen as investors wait on inflation data, Fed
* Turkish lira slumps to record low; further losses likely
* Safe haven dollar edges higher after weak Chinese trade data
CHART OF THE DAY:
OUTLOOK
JPYINR: JPYINR is consolidating in the wide range of 59.10–59.75, where a move above 59.75 can lead to some upside towards 59.95-60.10, while if it slips below 59.10, it may head towards the 59.58-80 zone.
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