Yen weakens to 111 per dollar as U.S. Treasury yields soar - Swastika Investmart
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News in headlines:
Yen weakens to 111 per dollar as U.S. Treasury yields soar
Citi launches tech hub in Bahrain to develop its digital platforms
Euro Flat as Tight German Election Promises Slow Progress on Forming New Govt
Chart of the day:
USDINR: USDINR traded within range of 73.90-73.60, where upside 73.95 is an immediate hurdle, on the downside if it slips below 73.60 then it will be test again 73.40-73.25 in upcoming days, while above 73.90 further upside move towards 74-74-10 levels.
Technical View:
The mixed move can be seen in currency.
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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)