08-02-2022 10:26 AM | Source: Swastika Investmart Ltd
EURINR is consolidating in the range of 81.10-81.80 - Swastika Investmart
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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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