Dollar slides as traders weigh China outlook, U.S. jobless claims - Swastika Investmart
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DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE
* Dollar slides as traders weigh China outlook, U.S. jobless claims
* Dollar edges down as U.S. unveils COVID tests for travelers from China
* Dollar gains against the yen; BOJ monetary policy eyed
CHART OF THE DAY
OUTLOOK:
USDINR: USDINR is consolidating in small range in 83.10-82.80 recent days, further move can be seen after the range breakout, however 82.80 is immediate support level and on the upside 83.00 act as a resistance, where move above 83.12 it can lead some upside momentum towards 83.20-83.30 while if it slips below 82.80 it may head towards 82.60-82.40 zone.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
