08-02-2023 10:30 AM | Source: Swastika Investmart
JPYINR is consolidating in the range of 57.80-58.40 - Swastika Investmart
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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar shaky after US credit rating downgrade 

* Dollar gains after relatively strong data, Aussie dollar tumbles 

* Exclusive-China asks some banks to reduce or delay dollar buying -sources

CHART OF THE DAY:

 

OUTLOOK:

JPYINR: JPYINR is consolidating in the range of 57.80–58.40, where a move above 58.15 can lead to some upside towards 58.25– 58.40, while if it slips below 57.80, it may head towards the 57.60–57.40 zone.

 

 

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