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Daily Currency Market Updates

News in headline:

*  Yen Shorts Crumble As 2022’s Hottest FX Trade Comes to an End

*  Speculators' net long bets on USD fall - CFTC, Reuters

*  U.S. dollar posts broad gains after unexpectedly strong jobs data

Chart of the day:

EURINR:

EURINR is consolidating in the range of 81.00 -81.8 where move above 81.35 can lead some upside towards 81.50-81.70 while if it slips below 81.00 it may head towards 79.80-79.6 zone.

Technical View:

* The mixed move can be seen in currency.

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