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Published on 23/09/2022 9:25:45 AM | Source: Swastika Investmart Ltd

Japan intervenes to prop up the yen - Swastika Investmart

Posted in Currency Report| #Currency Tips #Swastika Investmart Ltd

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Daily Currency Market Updates

News in headline:

* Yen rallies after Japan intervenes with first support since 1998

* It’s Every Nation for Itself as Dollar Batters Global Currencies

* Japan intervenes to prop up the yen

Chart of the day:

USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 81.10 is an immediate target level. On the downside 80.70 intraday and immediate support level. While below 80.70 lead further weakness toward 80.50-80.35 levels.

Technical View:

* The mixed move can be seen in the currency.

 

 

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