Dollar jumps as Fed officials say more rate hikes needed - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Dollar jumps as Fed officials say more rate hikes needed
* Russia jumps to become third-largest market for yuan payments amid sanctions
* Russian rouble leaps to more than 3-week high near 59 vs dollar
Chart of the day:
USDINR:USDINR is consolidating in the range of 79.30-79.85 where move above 79.85 can lead further upside towards 79.95-80.15 while if it slips below 79.50 it may head towards 79.30-79.10 zone.
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
