EURINR is consolidating in the range of 81.10-81.80 - Swastika Investmart
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Daily Currency Market Updates
News in headline:
* Yen recovery continues on lower U.S. yields; markets on edge over Pelosi
* Dollar hits lowest since mid-June vs yen as investors reassess U.S. rate hike outlook
* Dollar Falls to Six-Week Low Versus Yen; Rate Hike Expectations Drop
Chart of the day:
EURINR
EURINR: EURINR is consolidating in the range of 81.10-81.80 where move above 81.80 can lead upside towards 82.00-82.20 while if it slips below 81.10 it may head towards 79.90-79.70 zone.
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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 88.65-89.15 - Kedia Advisory
![The rupee is expected to depreciate on strong dollar and risk aversion in the global markets - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/a440a4a135bb950ec608f01be10ade11.png)
![GBPINR has given Negative close below 99.90 on yesterday’s trading session - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/e09307e9500db4a7735ff211cc07eafe.jpg)
![The pair is likely to trade with negative bias and any pullback near immediate resistance of 83.30 level - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/d78ca3c4d5c6e2c68578270ff54566b4.jpg)