IGI Logo

News Box

* Traders look ahead to Fed decision for monetary policy cues.

* Australian dollar slid after its central bank signalled patience in tightening policy.

* US treasury two year note’s yield is headed for one of its biggest daily drops since March 2020.

* Jerome Powell is widely expected to be renominated to a second term as the Federal Reserve Chair.

* China and India PMI data awaited.

OUTLOOK - USDINR

The swing towards 74.61 , indicates an attempt to breakout. Repeat attack on the 74.6 would call for 74.2. It would require a direct rise above 74.9 to revive upside hopes.

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