Dollar drifts as soft inflation raises taper timing questions - Swastika Investmart
News in headlines:
Dollar Up as Latest U.S. Inflation Casts Doubt on Fed Taper in 2021
Dollar drifts as soft inflation raises taper timing questions
A Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the Greenback in Focus
Chart of the day:
USDINR: USDINR is trading near to recent support level of 73.30 and if it holds this level then buying can be initiated for a pull back towards 73.7-73.8, while below 73.3 can lead to further weakness.
Technical View:
The mixed move can be seen in currency.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory