USDINR NEWS why is Us Dollar / Indian Rupee price falling or rising

USDINR NEWS reasons for why stock price of Us Dollar / Indian Rupee is falling or rising

USDINR Us Dollar is falling or rising technical reasons

Technical analysis forecast of Us Dollar Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Us Dollar USDINR at this time. Stock is rising and might rise more.

It appears as if Us Dollar USDINR gave a large move recently.

Stock of Us Dollar (USDINR) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Us Dollar is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 83.6 as stoploss in an intra day sell trade for a target of 83.36. However, stock will show a bullish move above 83.6.

USDINR Us Dollar is falling or rising NEWS fundamental reasons

Rupee appreciates 12 paise to 83.49 against US dollar in early trade The rupee rebounded from its all-time low levels and appreciated 12 paise to 83.49 against the US dollar in early trade on Thursday, supported by a firm trend in domestic equities and tracking gains in Asian currencies. Forex traders said the local unit ga - NEWS as on 2024-04-18 business-standard.com

Why the US dollar is causing chaos across Asia US Dollar's surge causes chaos in Asia, impacting Taiwan, India, Malaysia. Emerging-market currencies plummet as US economic performance weakens Fed rate cut expectations. Asian central banks take cautious measures to support currencies amid US interest ra - NEWS as on 2024-04-17 indiatimes.com

Rupee depreciates 9 paise to 83.53 against US dollar in early trade The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices. Forex traders said a negative trend in domestic equities and sustained foreign fund outflows a - NEWS as on 2024-04-16 business-standard.com

Rupee depreciates 6 paise to 83.44 against US dollar in early trade The rupee declined 6 paise to 83.44 against the US dollar in early trade on Monday, tracking negative equity markets and withdrawal of foreign funds amid renewed concerns over geopolitical tensions in the Middle East. Forex traders said a strong American c - NEWS as on 2024-04-15 business-standard.com

US dollar rallies on safe-haven bids, rate cut delay; yen hits 34-year low "We have a confluence of things happening that are boosting the dollar: geopolitical risk increasing, hawkish data out of the U.S. in terms of inflation and last week's strong employment report," said Brad Bechtel, global head of FX at Jefferies in New Yor - NEWS as on 2024-04-13 indiatimes.com

Rupee declines 7 paise to 83.38 against US dollar in early trade today The rupee depreciated 7 paise to 83.38 against the US dollar in early trade on Friday, weighed down by a negative trend in domestic equities and elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market also - NEWS as on 2024-04-12 business-standard.com

US dollar turns lower after producer prices for March, jobless claims data A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims - NEWS as on 2024-04-11 business-standard.com

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USDINR Us Dollar / Indian Rupee current price & indicator signals

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