Dollar tumbles against all G10 peers as US equities advanced on strong corporate earnings - Geojit Financial Services
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Dollar tumbles against all G10 peers as US equities advanced on strong corporate earnings.
Asian equities begin weak.
Oil slipped while treasuries advanced above 1.65.
FIIs were net sellers in Indian equities worth 505.79 crores. DIIs sold net 2578.22cr.
OUTLOOK - USDINR
Yesterday’s swing higher from 74.94 region hints at the underlying bullishness could soon see toppling of 77. However the day’s upsides may be challenged by 75.29. A narrow range trading range is expected, with limited surprise expected on the downside.
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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)