US dollar hits seven-week high, bolstered by data, debt ceiling hopes - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* US dollar hits seven-week high, bolstered by data, debt ceiling hopes
* Analysis-As China's yuan drops through 7 again, the dollar is in the driver's seat
* Dollar edges higher; U.S. debt negotiations in focus
CHART OF THE DAY:
OUTLOOK:
USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 82.80 is an immediate target level. On the downside 82.35 intraday and immediate support level. While below 82.35 lead further weakness toward 82.25- 82.15 zone
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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)