26-10-2023 09:30 AM | Source: Swastika Investmart Ltd
JPYINR is consolidating in the range of 55.4955.65 - Swastika Investmart

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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE: 

* Japanese yen breaches 150, intervention in focus

* Dollar up as risk sentiment sours, Treasury yields rise

* Dollar rises as US business activity ticks up in October


OUTLOOK:

JPYINRJPYINR is consolidating in the range of 55.49–55.65, where a move above 55.65 can lead some upside towards 55.75– 55.85, while if it slips below 55.49, it may head towards the 55.39–55.29 zone.


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