Dollar wallows near one-month low as strong euro - Swastika Investmart
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News in headline:
Dollar wallows near one-month low as strong euro, stock rally weigh
Euro Jumps to 1-Month High as ECB's Lagarde Fails to Calm Rate Hike Bets
Dollar holds losses to euro after ECB comments, economic data
Chart of the day:
GBPINR: GBPINR is consolidating in the range of 103.10-103.70 where move above 103.7 can lead to some more upside towards 103.9-104.00 while if it slips below 103.10 level then it may head towards 102.9-102.70 zone
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 U.S. dollar slumped to a one-year low in early European trade - GEPL Capital
![USDINR closed 14 paise higher at 73.93 yesterday - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/6796960e770a79e1be91c53dc19cc8da.jpg)
![The rupee is likely to depreciate today amid strong dollar and persistent FII outflow from domestic markets - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/b4599237dfe63ec956c691a1e2dc1135.jpg)
![The USD/INR futures pair has support at 82.20 levels whereas resistance is placed at 82.80 levels - Monarch Networth Capital Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/06/f8c5a0f5315325e9292bd193fcbd08e1.jpg)