Dollar stands tall as traders brace for tapering - Swastika Investmart Ltd
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News in headline:
Dollar stands tall as traders brace for tapering
Dollar rises to 10-1/2-month peak, lifted by Treasury yield surge
Dollar Higher, Yen Under Pressure as U.S. Yields Rise
Chart of the day:
JPYINR: JPYINR given close with green note at 66.73 from important support zone of 66.40-66.35, where downside 66.50 -66.52 has an intraday immediate support levels, while upside it will be test 67-67.15 above 66.85 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)
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EURINR trading range for the day is 84.29-84.91 - Kedia Advisory
![The Euro traded between gains and losses though out the session - Axis Securities](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![The rupee depreciated almost 1% after moving to a one-year high and closed at 73.46 levels - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/03/356cdf1f477c7aae819aaca01b2ab961.jpg)
![The JPY/INR futures pair has support at 61.30 levels whereas resistance is placed at 61.60 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/af6c9e140a37772eade29636845c71c5.jpg)