Dollar off 4-month high as cooling inflation eases pressure for Fed

12/08/2021 9:18:47 AM | Source: Swastika Investmart Ltd

Dollar off 4-month high as cooling inflation eases pressure for Fed - Swastika Investmart

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News in headlines:

* Dollar off 4-month high as cooling inflation eases pressure for Fed

* Euro US Dollar (EUR/USD) Exchange Rate Steady as US Inflation Falls Month-on-Month

* USDJPY Price Bounces at $108 Level, Increases to Test $110

Chart of the day:

The day trend in EURINR is indicating sideways to downside move making lower lows and lower followed by the trendline and supertrend so selling can be done at higher levels.

Technical View:

* The mixed move can be seen in currency.

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Dollar off 4-month high as cooling inflation eases pressure for Fed - Swastika Investmart

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