USDINR is consolidating in the range of 82.60-82.85 where move above 82.85 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
Dollar backs off highs after Fed officials suggest skipping June rate hik
Dollar in demand after weak Chinese activity data dent risk sentiment
Dollar to ride rate-hike expectations higher as focus set to shift to labor market
CHART OF THE DAY:
OUTLOOK:???????
USDINR: USDINR is consolidating in the range of 82.60-82.85 where move above 82.85 can lead some upside towards 82.95- 83.05 while if it slips below 82.60 it may head towards 82.50-82.40 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)
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EURINR trading range for the day is 88.55-89.13 - Kedia Advisory
![USDINR pair traded with positive bias and managed to sustain above upward sloping trend - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/d11e72bd60f9155c6722607091e1bf2b.jpg)
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