The dollar edged higher on Tuesday but was below the 20-year high it hit a day - GEPL Capital
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/5cc84127a6c36e31370d2651e170dd48.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 / Other data
* The U.S. dollar drifted lower in early European trade Wednesday, retreating from the 20-year peak seen earlier in the week as a nascent rebound in the euro gathers pace.
* The Chinese yuan edged higher on Wednesday after data showed manufacturing activity shrank slightly less than expected in August, while most other Asian currencies tread water amid growing fears of a hawkish Federal Reserve.
* The rouble firmed towards 60 against the dollar on Monday, supported by the last month-end tax payments that boost demand for the Russian currency, while stocks clipped a two-month high.
* The dollar edged higher on Tuesday, but was below the 20-year high it hit a day earlier, while the euro broke back above parity, as markets priced in super-sized interest rate hikes by the U.S. Federal Reserve and the European Central Bank (ECB).
* Most Asian currencies fell on Tuesday, albeit at a slower pace than before as pressure from the dollar eased, although concerns over rising U.S. interest rates kept markets subdued.
Data Inference
* 'Actual' greater than 'Forecast' is good for currency
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://geplcapital.com/term-disclaimer
SEBI Registration number is INH000000081.
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/2023/05/0e9399d577f9e6e9e63766a2da940f4a.jpg)
GBPINR is consolidating in the range of 102.40-101.70 - Swastika Investmart
![USDINR May futures formed bullish candle near psychological support of 73 which is coincidentally gap support - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/c66e55f7b8b5095cc22aba6d12fc3c37.jpg)
![The USD/INR futures pair has support at 74.00 levels whereas resistance is placed at 74.40 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/f6bda413c36f21bbfe6d1787cc861eef.jpg)
![EURINR trading range for the day is 89.32-90.06 - Kedia Advisory](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/02/aa67f1b16018cfdab82963158bf3c6d7.jpg)