Dollar in doldrums as traders ponder Fed policy path; sterling soars - Swastika Investmart Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/b78e7175c5281e5f5e74c29d90bb85af.jpg)
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News in headline:
* Dollar in doldrums as traders ponder Fed policy path; sterling soars
* Pound Climbs to Three-Year High as Vaccines Spur Growth Hopes
* A Particularly Busy Economic Calendar Puts the EUR, the Loonie, the Pound, and the Dollar in Focus
Chart of the day:
The day trend in USDINR is in demand zone were some amount of buying can be seen so one can go long here but for small targets keeping the yesterdays low as SL.
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)