Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ - Swatika Investmart Ltd
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* No volatility jump in Indian bonds after JPMorgan inclusion, says BlackRock
* Yen Drops and Dollar Rises as Central Banks Maintain Stimulus Measures
* Dollar eases after Fed-spurred rise; yen stronger ahead of BOJ
CHART OF THE DAY:
OUTLOOK:
GBPINR: GBPINR yesterday witnessed again selling pressure from resistance of 200DMA around 102.30-103.35 levels; on the upside, it has an immediate resistance of 102.50-102.7; on the downside, below 101.60, it may head towards 101.40-101.20 levels. Traders are advised to stay with the momentum with the “sell on rise” approach.
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