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01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
GBPUSD at 6 week low, EUR at 17 week low - Geojit Financial
News By Tags | #2767 #4943

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* 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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