Dollar hovers near seven-week high after boost from euro selloff - Swastika Investmart Ltd
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News in headline:
* Dollar hovers near seven-week high after boost from euro selloff
* Pound Drifts Lower Ahead of BoE Decision; Negative Rate Report Eyed
* Swiss franc drops to 2-month low, dollar bounces to 2-week high
Chart of the day:
The day trend in USDINR is showing reversal from the demand zone with good buying volume which is a good sign of buying so if sustains yesterdays high one can go long in it.
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)