04-07-2022 09:18 AM | Source: Swastika Investmart Ltd
USDINR is consolidating in the range of 75.58-76.10 - Swastika Investmart
News By Tags | #2767 #2911

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Daily Currency Market Updates

News in headline:

Dollar buoyant as Fed readies to step up inflation fight

U.S. dollar climbs to near two-year peak on prospect of sizable Fed rate hikes

AUD/USD capped in the short term but the dips will be only modest

Chart of the day:

USDINR: USDINR is consolidating in the range of 75.58-76.10 where move above 76.10 can lead some upside towards 76.15-76.25 while if it slips below 75.72 it may head towards 75.60-75.40 levels.

Technical View:

The mixed move can be seen in currency

 

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