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Published on 3/03/2021 9:42:42 AM | Source: Swastika Investmart Ltd

Dollar holds advantage over low-yielders, risk currencies slip back - Swastika Investmart

Posted in Top Stories| #Currency Tips #Swastika Investmart Ltd

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News in headline:

* Dollar on defensive as risk sentiment recovers amid retreat in U.S. yields; Aussie gains

* Euro to US Dollar Exchange Rate Rises Despite Worse-Than-Expected German Retail Sales

* Dollar holds advantage over low-yielders, risk currencies slip back

 

Chart of the day:

The day trend in JPYINR is indicating sideways to downside move followed by moving average on the daily chart which indicates sell signal so one can go with sell on rise strategy.

 

Technical View:

* The mixed move can be seen in currency.

 

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