Indian rupee gained for the third consecutive day while Dollar slipped over lingering omicron worries - Geojit Financial
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* Indian rupee gained for the third consecutive day while Dollar slipped over lingering omicron worries.
* Crude oil prices sunk for another consecutive day as worries over supply-demand disparities get escalated with the spread of omicron variant.
* 10 Year US treasury yields were pushed down by rising omicron fears.
* Gold price remained steady as market sentiments shift towards safe-haven assets.
OUTLOOK - USDINR
Downtrend persisted on anticipated lines, and favoured view expects continued dips towards 75.6. It may require a direct rise above 76.2 or a dip to 75.6 to revive upside hopes.
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