Dollar rises as U.S. data shows inflation running hot - Swastika Investmart
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News in headline:
* Dollar hits three-month high to euro on bets for faster Fed tightening; kiwi soars
* Economic Data and the Bank of Canada Put the EUR, the GBP, and the Loonie in the Spotlight
* Dollar rises as U.S. data shows inflation running hot
Chart of the day:
The day trend in EURINR is indicating downside move as failed to sustain at upside levels and making lower lows and lower high followed by trend line as resistance so sell or rise can be followed.
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
