IGI Logo

CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* Dollar slips as upbeat euro zone business activity data lifts euro

* Lula floats shared 'trading currency' during Argentina trip

* Dollar remains unloved; sterling drops on weak retail sales

CHART OF THE DAY:

OUTLOOK: The EURINR is consolidating in a narrow range, and further moves will be seen after the range breakout. Where 88.20-88.60 will be the first support area while 87.7 are the next critical support levels. On the upside, 88.90–89.00 levels have a minor hurdle; above this, we can expect 89.20.60–89.40 levels.

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