07-11-2023 08:59 AM | Source: Swastika Investmart Ltd
JPYINR is continuing its bullish momentum, and there are no signals of weakness where 58.40 is an immediate target level - Swastika Investmart
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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE :

* US dollar drops to three-week low as Fed rate hikes nearly done

* Dollar rebounds after Friday's sharp losses; U.S. CPI in focus

* Dollar slips as US job growth slows in June, yen jumps

 

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OUTLOOK:

JPYINR: JPYINR is continuing its bullish momentum, and there are no signals of weakness where 58.40 is an immediate target level. On the downside, 58.00 intraday and immediate support levels While below 58.00 leads to further weakness towards the 57.85-57.70 zone.

 

 

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