Euro under pressure as inflation fears send investors to dollar haven - Swastika Investmart
Daily Currency Market Updates
News in headline:
* Euro under pressure as inflation fears send investors to dollar haven
* Euro dives, dollar rises after Fed's Powell reaffirms hawkish stance
* Rouble heads away from 50 vs dollar as authorities flag interventions
Chart of the day:
USDINR:
USDINR is continuing its bullish momentum and there are no signal of weakness where 79.40-79.50 is an immediate target level. On the downside 78.95 intraday and immediate support level. While below 78.95 lead further weakness toward 78.80-78.70 levels.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory