GBPUSD at 6 week low, EUR at 17 week low - Geojit Financial
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News Box
* USDINR closed 6 paise lower at 72.43 yesterday
* FBIL set the reference rate for USDINR at 72.3772 and Euro at 86.0493
* Private sector PMIs are in focus today for USD, EUR and GBP
* Australia expecting spike in long term unemployment
* Japan service PMI at 3 month high, Manufacturing PMI at 27 month high
* GBPUSD at 6 week low, EUR at 17 week low
OUTLOOK - USDINR
Rupee opened flat at 72.37, from its previous close against the US dollar and it finally closed lower at 72.43 yesterday. USDINR had gained as far as the intraday high of 72.27 and fell to an intraday low of 72.45. The dollar index which compares the strength of the dollar against 6 major currencies rose by 0.42% and closed at 92.12. Brent crude future fell 3.03% to trade at $62.66/barrel. USDINR near futures are at 72.5425 with the next support seen at 72.3992 and next resistance seen at 72.6467 ahead of market opening today.
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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)