09-05-2022 11:13 AM | Source: Swastika Investmart Ltd
Dollar Hits New 20-Year High as Euro Slumps on Energy Woes - Swastika Investmart
News By Tags | #2767 #2911

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Daily Currency Market Updates

News in headline:

 * Russian gas cut pushes euro toward new lows

*  Dollar Hits New 20-Year High as Euro Slumps on Energy Woes

* Biden administration to maintain China tariffs while review continues

Chart of the day:

USDINR: USDINR is consolidating in the range of 80.10-79.50 where move above 80.10 can lead further upside moment towards 80.20-80.40 while if it slips below 79.75 it may head towards 79.50-79.30 zone again

Technical View:

* The mixed move can be seen in the currency.

 

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