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08-12-2022 10:25 AM | Source: Swastika Investmart Ltd
Dollar remains under pressure as traders reassess rate hike bets - Swastika Investmart
News By Tags | #2767 #2911

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Daily Currency Market Updates

News in headline:

* Dollar remains under pressure as traders reassess rate hike bets

*  Asian currency bears retreat as inflation view improves - Reuters poll

*  Dollar Recovers Some Losses After Inflation-Driven Drop

Chart of the day:

USDINR: USDINR is consolidating in the range of 79.80 -79.28 where move above 79.80 can lead some upside momentum toward 80-80.10 while if it slips below 79.28 it may head towards 79.10-79.00 zone.

Technical View:

* The mixed move can be seen in currency.

 

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