Dollar holds advantage over low-yielders, risk currencies slip back - Swastika Investmart
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News in headline:
* Dollar on defensive as risk sentiment recovers amid retreat in U.S. yields; Aussie gains
* Euro to US Dollar Exchange Rate Rises Despite Worse-Than-Expected German Retail Sales
* Dollar holds advantage over low-yielders, risk currencies slip back
Chart of the day:
The day trend in JPYINR is indicating sideways to downside move followed by moving average on the daily chart which indicates sell signal so one can go with sell on rise strategy.
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
