01-11-2023 09:50 AM | Source: Swastika Investmart Ltd
USDINR is consolidating in the tight range of 83.2283.35 - Swastika Investmart

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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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