07-04-2023 08:57 AM | Source: Swastika Investmart Ltd
EURINR is consolidating in the wide range of 89.10-90.00, where a move above 90.00 - Swastika Investmart
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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE :

* Dollar little changed after ISM data, yen below 145 threshold

* Dollar rebounds at start of data-heavy week

* Dollar softer after PCE, consumer spending data

 

CHART OF THE DAY

OUTLOOK :

EURINR: EURINR is consolidating in the wide range of 89.10-90.00, where a move above 90.00 can lead some upside towards 90.20-90.40, while if it slips below 89.10, it may head towards the 88.90-88.70 zone again. On this range-bound session, traders advise a buy on decline or sell on rise approach.

 

 

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