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Daily Currency Market Updates

News in headline:

Euro slides as war in Ukraine stokes inflationary shock

Russia warns sovereign bond holders that payments depend on sanctions

Rouble down over 20% for week in Moscow as sanctions bite; drops 32% in offshore trade

Chart of the day:

USDINR: USDINR is continuing its bullish momentum and there are no signal of weakness where 76.60 is an immediate target level. On the downside 76.15 intraday and immediate support level. While below 76.15 lead further weakness toward 76.00-75.90 levels.

Technical View:

The mixed move can be seen in currency.

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