20-09-2023 09:35 AM | Source: Swastika Investmart Ltd
USDINR has given a positive close with a new lifetime high of 83.35 on yesterday's trading session - Swastika Investmart Ltd

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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE: 

* Japan's top currency diplomat says Tokyo in close contact with US on FX moves

* US stance on Japan yen intervention 'depends on details' of situation -Yellen

* Dollar drifts higher as traders look to upcoming Fed decision


CHART OF THE DAY: 



OUTLOOK:

USDINR: USDINR has given a positive close with a new lifetime high of 83.35 on yesterday’s trading session. Where 83.50–83.65 will be the first resistance area and 83.00–83.10 will be the first support area, traders are advised to stay with the momentum with the "buy on decline" approach


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