Dollar Stabilizes After CPI-Inspired Gains; Yen Gains on Intervention Talk - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Dollar Stabilizes After CPI-Inspired Gains; Yen Gains on Intervention Talk
* Chinese Yuan Leads Asia FX Losses on Sanctions Report, U.S. CPI Woes
* Dollar Edges Lower; Key U.S. CPI Release to Set Tone
Chart of the day:
JPYINR:
JPYINR is consolidating in the range of 56.08-55.42 where move above 55.81can lead some upside towards 56.00-56.10 while if it slips below 55.50 it may head towards 55.40-55.20 zone
Technical View:
* The mixed move can be seen in the currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
