Published on 17/08/2022 10:21:51 AM | Source: Swastika Investmart Ltd
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Daily Currency Market Updates
News in headline:
* Dollar steady before retail sales, Fed minutes
* Dollar Edges Higher; Recession Fears Boost Safe Haven
* Chinese Yuan Hits 3-Mth Low After Surprise Rate Cut, Asia FX Sinks
Chart of the day:
USDINR: USDINR is consolidating in the range of 79.80 -79.28 where move above 79.85 can lead some upside momentum toward 80-80.15 while if it slips below 79.70 it may head towards 79.50-79.30 zone.
Technical View:
* The mixed move can be seen in currency.
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