US dollar stumbles, drops to more than one-year low as inflation eases in June - Swastika Investmart
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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
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
