Rupee continued its rally and settled at 73.87 due to stronger domestic markets and weaker US Dollar - Geojit Financial Services Ltd
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/01/01195a8b50ae50d4e0c4fc5fdcda2c5c.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
News Box
* 10Yr. US treasury yields fall after Powell’s statement to fight inflation.
* Rupee continued its rally and settled at 73.87 due to stronger domestic markets and weaker US Dollar.
* Gold ticked up as US Dollar eased amid rising treasury yields. Market awaits the US inflation data due on Wednesday for further moves.
* Crude oil prices rebounded on Tuesday supported by tight supply and expectations that demand won’t be disrupted by rising Omicron cases.
OUTLOOK - USDINR
Having achieved our target of 73.82 easily, the stage is set for faster falls to 73.1. However, any pull back beyond 73.86/74.07 could allow short covering to take shape.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/73323906b90c13ece36700690e955ce2.jpg)
The GBP/INR futures pair has support at 94.70 levels whereas resistance is placed at 95.10 l...
![Indian rupee gained for the third consecutive day while Dollar slipped over lingering omicron worries - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/234eebf30e5118e70c5dc6b103d11386.jpg)
![Sell USDINR Feb @ 83 SL 83.1 TGT 82.9-82.8.Kedia Advisory](https://portfolio.investmentguruindia.com/uploads/news/Kedia Currency.jpg)
![The USD/INR futures pair has support at 76.80 levels whereas resistance is placed at 77.20 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/05/ef2225894138adf97bf172e95d460c5d.jpg)