Rupee retreated after Fed meeting signalling faster interest rate hike resulting in the strengthening of US Dollar - Geojit Financial
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/01/8cb66beb97495d131db62e3b9e394f69.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
* Gold extended its dip to another day as Fed meeting minutes indicated a quicker hike in interest rates thus boosting the Dollar and Bond yields.
* Rupee retreated after Fed meeting signalling faster interest rate hike resulting in the strengthening of US Dollar.
* 10 Yr. US treasury yield moved up after the Fed minutes release.
* Crude oil prices continued its rally following supply outage in Libya and political unrest in Kazakhstan
OUTLOOK - USDINR
The 74.4 region remains sticky, diffusing upside momentum. Favoured view sees emerging chances of downtrend towards 73.82, if the positivity that we have been expecting, post the present consolidation, doesnot result in a push above 74.73.
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/2022/08/a8bd818ebbe916813873088d14784c10.jpg)
Dollar jumps as Fed officials say more rate hikes needed - Swastika Investmart
![USDINR opened with a downward gap and remained negative throughout the day. USDINR closed at 74.99 with a loss of 0.36 % - Axis Securities Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/12/234ce81a9153829576369330c710e331.jpg)
![The USDINR pair opened on a negative note and immediately tested a low of 83.11 - Axis Securities](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities.jpg)
![USD/INR is trading now below moving average and sell on rise near 73.80 -Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/85e16689d291ddae883f8cfd2a2c1581.jpg)