01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Dollar pares losses as Powell signals bond taper - Swastika Investmart
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News in headline:

Dollar Down, Steadies as Investors Gauge Interest Rate Hike Pace  

Dollar catches footing as inflation pressures rates outlook

Dollar pares losses as Powell signals bond taper

 

Chart of the day:


USDINR: UDSINR is given close with green note around 74.89, where upside it facing resistance around 75- 75.15, on the downside it has an immediate intraday support 74.7-74.75 levels, where below 74.7 lead further downside toward 74.6-74.5 levels.

 

Technical View:

The mixed move can be seen in currency.

 

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