Powered by: Motilal Oswal
20/04/2023 8:57:37 AM | Source: Swastika Investmart Ltd
USDINR yesterday gave a close green note around 82.25 - Swastika Investmart
News By Tags | #2767 #2911
USDINR yesterday gave a close green note around 82.25 - Swastika Investmart

CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar gains on rising US yields, British inflation lifts pound

* Analysis-Rates shift gives European currencies fresh legs 

* Dollar stabilizes as Treasury yields rise; sterling gains after CPI surprise

 

CHART OF THE DAY:

 

OUTLOOK:

USDINR: Technically, USDINR yesterday gave a close green note around 82.25; last week we saw it trade within a range of 81.80-82.10 on the upside; it has an intraday immediate resistance zone around 82.35-82.45 on the downside; 81.90 is the first support level; while above 82.40, it may test towards 82.50-82.60 levels in the upcoming sessions.

 

 

To Read Complete Report & Disclaimer Click Here
 

Please refer disclaimer at  https://www.mnclgroup.com/disclaimer

SEBI Registration Number : INZ000043833

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here