Dollar stuck near 5-month low as caution reigns ahead of U.S. CPI, ECB tests - Swastika Investmart Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/01c7fead86da5c981e5a6986e0d7fc7d.jpg)
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News in headlines:
* Dollar stuck near 5-month low as caution reigns ahead of U.S. CPI, ECB tests
* Euro to US Dollar Exchange Rate Edges Higher as Germany’s Economy Continues to Recover
* Economic Data from Germany and the BoC Put the EUR and the Loonie in Focus
Chart of the day:
The day trend in GBPINR is indicating sideways to downside move as facing multiple resistances on daily chart and selling pressure has been seen from that level so once again selling can be done in it.
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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The JPYINR opened on a negative note and the pair continued to move lower and tested a low o...
![USDINR pair traded with positive bias and managed to sustain above upward sloping - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/10/bdf8053a3443b28350223921a96c7a36.jpg)
![The JPY/INR futures pair has support at 60.70 levels whereas resistance is placed at 61.10 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/05/6fc08adf5ecb8a95641f41ab839a307c.jpg)
![The Euro is simply following the direction of the US Dollar - Axis Securities Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/05/5f9a7d44643c9d31a67504d54d7698f2.jpg)