The US dollar increased 0.61% yesterday amid a surge in US treasury yields - ICICI Direct
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/01/96db564be92b41614bad7607c180379f.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
Rupee Outlook
• The US dollar increased 0.61% yesterday amid a surge in US treasury yields. Yields were up on expectation that US Federal Reserve will stay on its path of interest rate hike this year despite surge in Covid-19 cases. Additionally, manufacturing PMI data showed activity in sector expanded
• Rupee future maturing on January 27 appreciated by 0.03% on rise in risk appetite in the domestic markets and FII inflows. Additionally, manufacturing PMI data showed activity in sector expanded for a sixth consecutive month
• The rupee is expected to depreciate on strong dollar, disappointing economic data from the country and surge in crude oil prices. Further, the rupee may slip on persistent FII outflows. Additionally, investors will remain vigilant ahead of major economic data from US and Opec+ meeting, where the organisation is likely to stick to its plan of adding 400,000 barrels per day of supply in February
To Read Complete Report & Disclaimer Click Here
https://secure.icicidirect.com/Content/StaticData/Disclaimer.html
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/Dollar_011424.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HAL57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/bajajauto57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock 123456.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Gold Jewellery.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Mutual Fund 21.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Utkarsh Small Finance Bank.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/real estate sector_856.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Banking Sector.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/coocker57.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/2022/09/3b67893aa34b41607df88e4826b8f933.jpg)
JPYINR opened with a downward gap and remained negative throughout the day - Axis Securities
![The USD/INR futures pair has support at 82.70 levels whereas resistance is placed at 83.20 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/861d730c081d161acdbceed244aede97.jpg)
![USDINR is trading up on back of stronger USD. 83 is strong support and 83.35 - Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)
![Dollar Up, Investors Digest Mixed Comments on Inflation from Fed Officials - Swastika Investmart Ltd](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/b3be649d18d57d50cc3895c7f379213d.jpg)