06-01-2023 10:27 AM | Source: Swastika Investmart Ltd
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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