21-09-2023 10:01 AM | Source: Swastika Investmart Ltd
JPYINR is consolidating in the range of 56.23-56.60 - Swastika Investmart

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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE: 

* Dollar higher as Fed skips rate hike but stiffens hawkish stance

* Former BitMex CEO analyzes potential capital flight from China amid yuan depreciation

* Dollar steady ahead of Fed decision; sterling weakens on CPI drop


OUTLOOK:

JPYINR: JPYINR is consolidating in the range of 56.23-56.60 where move above 56.40 can lead some upside towards 56.60-56.75 while if it slips below 56.23 it may head towards 56.00-55.90 zone



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