JPYINR is consolidating in the tight range of 56.00-56.35 - Swastika Investmart
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CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar index weakens amid stock market rally and dovish Fed stance
* Dollar slips on dovish Fed remarks, China hopes help euro
* Russian rouble pares losses vs dollar in volatile trade
CHART OF THE DAY
OUTLOOK:
JPYINR: JPYINR is consolidating in the tight range of 56.00-56.35, where a move above 56.35 can lead some upside towards 56.45-56.60, while if it slips below 56.00, it may head towards the 55.90-55.75 zone.
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