Dollar slips after last week's climb as data eases tapering fears - Swastika Investmart
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News in headlines:
* Dollar Up, but Moves Small as Focus Firmly on Jackson Hole
* Dollar slips after last week's climb as data eases tapering fears
* China’s Biggest Fears Are Giving Dollar All the Support It Needs
Chart of the day:
GBPINR took support near to its 200 SMA and closed on positive note. We can expect a bounce back from here towards immediate hurdle of 102.2 while 101.4 will act as an immediate support level.
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
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)