01-11-2023 09:50 AM | Source: Swastika Investmart Ltd
USDINR is consolidating in the tight range of 83.2283.35 - Swastika Investmart
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Yen on intervention watch after hitting 1-year low on BOJ disappointment*
* Japan's yen sinks broadly as BOJ policy adjustment seen inadequate
* Euro strengthens as yen dips amid BOJ's monetary easing and YCC policies
OUTLOOK:
USDINR: USDINR is consolidating in the tight range of 83.22–83.35, where a move above 83.35 can lead some upside towards 83.40–83.45, while if it slips below 83.22, it may head towards the 83.12–83.02 zone.
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