IGI Logo

CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* US dollar stumbles, drops to more than one-year low as inflation eases in June

* Marketmind: Dollar swoons in upbeat inflation vigil

* Deposit withdrawals at South Korea credit union have stabilised -ministry

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR yesterday gave again a gap down, opening below 82.40 levels and continuing its bearish momentum due to dollar index weakness in the global market. Technically, it now has immediate support around 82.10-82.00, and on the upside, it has intraday immediate resistance around 82.40. Above 82.40, it may test 82.50-82.60 again, while below 82.00, it may head towards the 81.90-81.80 zone

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer