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Published on 19/09/2020 3:52:27 PM | Source: Emkay Global Financial Services Ltd

Views On Rupee by Mr. Rahul Gupta,Emkay Global

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Below is the Views On Rupee by Mr. Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services

"The mixed US data is losing the economic confidence and weighing on dollar. But in coming sessions the Indo-China border and Brexit uncertainty will occasionally keep the dollar bulls active. This week the spot respected both the crucial support of 73 and the resistance of 73.75. Even next week we expect the sideways trend to continue. Unless the support zone of 72.90-73 doesn't break the spot will trade higher towards 73.75."   

 

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