top of page
  • Writer's picturefxmethods

USDINR TUESDAY PROJECTION

On Tuesday expecting USDINR pair starts with firm note. Yesterday Indian Rupee was in range bound against greenback but direction was positive side, getting some resistance at 75.82/83 levels and settled at 75.72/73.

INTRADAY - 75.15 (75.39 - 75.76) 75.95

EXPECTED SENTIMENT - UPSIDE SELL BUT FOR MID-TERM LIABILITIES DIP MUST COVER

GLOBAL HIGHLIGHTS


  • Japanese, Korean & Chinese market on holiday

  • Malaysia Is Set for Bigger-Than-Usual Rate Cut

  • The euro was pressured by a court challenge from German academics to the European Central Bank's bond buying program.

  • U.S. Treasury blasts records with $3 trillion borrowing need this quarter

  • Australia: Weekly jobs drop by 7.5%, wages decrease by 8.2%

  • Britain needs trade deal with EU to remove uncertainty: U.S. Chamber

  • Oil prices rise on demand prospects as lock-downs start to ease

  • Commodity currencies creep back, but Sion-U.S. tensions temper mood

  • Gold Powers Ahead on $1,700 Path, Helped by U.S. Rhetoric on China

8 views0 comments

Comments


bottom of page