2023-10-13 09:35:27 am | Source: Swastika Investmart Ltd
USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 - Swastika Investmart Ltd
CURRENCY OUTLOOK
DAILY CURRENCY MARKET UPDATES
NEWS IN HEADLINE:
* Dollar gains after US consumer prices rise more than expected
* US Dollar Rebounds on Strong Q4 Economic Indicators, Ends Pound’s Streak
* Dollar edges lower ahead of key U.S. CPI release; U.K. GDP rose in August
OUTLOOK:
USDINR: USDINR is witnessing the bouncing back and manages to hold its 25 DMA however 83.35 is an immediate and minor hurdle, above this, 83.40-83.42 will be the critical resistance area, on the downside 83.20 as a first support levels.
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Disclaimer:
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