01-06-2022 09:26 AM | Source: Swastika Investmart Ltd
USDINR is trading near to recent support level of 74.45-74.40 and if it holds this level - Swastika Investmart Ltd
News By Tags | #2767 #2911

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Daily Currency Market Updates

News in headline:

* Dollar near five-year high to yen as U.S. yields surge on hawkish Fed

* A forecast for EUR/GBP lower in H1 of 2022

* Dollar cuts losses after Fed minutes

Chart of the day:

USDINR: USDINR is trading near to recent support level of 74.45-74.40 and if it holds this level then buying can be initiated for a pull back towards , while below 74.40 can head towards 74.20-74.10 levels.

Technical View:

* The mixed move can be seen in currency.

 

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