USD/INR loses ground ahead of US PMI data
Indian Rupee (INR) recovers some lost ground on Friday. However, the US Dollar (USD) demand from foreign and state-run banks might cap an uptick of the pair.
Source: fxstreet.com
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Australian Dollar extends gains following higher S&P/ASX 200 amid a stable US Dollar
The Australian Dollar (AUD) remains in positive territory on Friday, buoyed by a rise in the S&P/ASX 200 Index to new record highs, coupled with gains in Wall Street overnight.
Source: fxstreet.com
Australian Dollar strengthens after Aussie data amid a stable US Dollar
The Australian Dollar (AUD) retraces its recent losses following the release of Australia’s Retail Sales and Private Capital Expenditure data on Thursday.
Source: fxstreet.com
USD/INR gains ground ahead of Indian GDP, US PCE, data
Indian Rupee (INR) trades in negative territory on Thursday amid increased month-end demand for the US Dollar (USD).
Source: fxstreet.com
Tech View: Nifty giving non-directional signs. What should traders do on Friday
Nifty 50 held on to the crucial support zone of 21,900 – 21,850, which coincided with the 20-day moving average and the 50% Fibonacci retracement level of the rise from 21530 – 22249.
Source: indiatimes.com