ADB head says FX intervention among tools for emerging Asia - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/7a5f5e6954f84de2ff1ec37107ae2675.jpg)
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Daily Currency Market Updates
News in headline:
* ADB head says FX intervention among tools for emerging Asia
* Euro, sterling plunge on soft business activity data, UK budget woes
* Sterling tanks 3%, set for biggest one-day fall since 2020
Chart of the day:
USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 81.30 is an immediate target level. On the downside 80.80 intraday and immediate support level. While below 80.80 lead further weakness toward 80.60-80.40 levels.
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
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)