Dollar holds near one-year high amid bets for earlier Fed rate hike - Swastika Investmart
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News in headline:
Dollar holds near one-year high amid bets for earlier Fed rate hike
EURUSD Drops to New Low for the Year
USDJPY Continues Climb to Level Not Reached Since 2018
Chart of the day
GBPINR: GBPINRis given close with bullish note around 102.92 where upside it has an immediate hurdle of 103-103.10 levels, on the downside it has an intraday immediate support at 102.70 While below 102.7 lead further weakness toward 102.5 levels.
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
![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)