Dollar firms as Fed policy meeting gets underway - Swastika Investmart
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News in headline:
* Dollar stands tall as Fed heads toward taper
* White House sends top bank regulator nominee to Senate
* Dollar firms as Fed policy meeting gets underway.
Chart of the day:
USDINR: USDINR is consolidating in the range of 74.75-75-75.05 where move above 75.05 can lead to some more upside towards 75.30-75.40 while if it slips below 74.75 level then it may head towards 74.65-74.755 zone.
Technical View:
* The mixed move can be seen in currency.
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Tag News
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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)