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09-09-2022 11:53 AM | Source: Swastika Investmart Ltd
U.S. dollar rises vs yen as Fed reinforces hawkish stance; euro falls - Swastika Investmart
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Daily Currency Market Updates

News in headline:

* Even yen bears unnerved by latest slide as Tokyo ramps up warnings

* U.S. dollar rises vs yen as Fed reinforces hawkish stance; euro falls

* Goldman recommends traders short the euro versus Swiss franc after ECB rate hike

Chart of the day:

 

GBPINR:

 GBPINR is consolidating in the range of 91.7-92.6 where move above 92.30 can lead further upside moment towards 92.60-92.80 while if it slips below 91.88 it may head towards 91.7-91.5 zone.

Technical View:

* The mixed move can be seen in the currency.

 

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