USD/INR Price News: Bulls take the price into fresh corrective highs

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

USD/INR Price News: Bulls take the price into fresh corrective highs By ross_burland USDINR Currencies Fed DollarIndex

have marked a fresh cycle high in the 10-year Treasury yield which has lifted the greenback, if only marginally. DXY is testing the psychological 95.80 level:The US dollar could be forming an inverse head and shoulders at this juncture. This will be a bullish scenario around the Federal Reserve next week and should keep USD/INR elevated.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ross_Burland

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man, 74, reported missing after being discharged from suburban hospitalPolice are asking for the public's help in locating a 74-year-old man who was reported missing after leaving a west suburban hospital.
Source: fox32news - 🏆 547. / 51 Read more »

USD/IDR Price News: Rupiah pares intraday gains above $14,300 on mixed Indonesia trade numbersUSD/IDR Price News: Rupiah pares intraday gains above $14,300 on mixed Indonesia trade numbers By anilpanchal7 USDIDR TradeBalance RiskAppetite Coronavirus ForeignTrade
Source: FXStreetNews - 🏆 14. / 72 Read more »

EUR/USD Price Analysis: Weakness expected to return below 1.1380EUR/USD remains well supported in the 1.1400 neighbourhood following Friday’s strong retracement. The inability of the pair to revisit the area of rec
Source: FXStreetNews - 🏆 14. / 72 Read more »

Euro Breaking News: EUR/USD Dismisses Surprise ZEW Economic Sentiment Index BeatThe German ZEW economic sentiment advance (see economic calendar below) lead the way to the overall Euro area print shift to almost double the December release. Get your market update from WVenketas here:
Source: DailyFX - 🏆 305. / 63 Read more »

GBP/USD Price Analysis: Remains depressed near one-week low, around 23.6% Fibo. levelGBP/USD Price Analysis: Remains depressed near one-week low, around 23.6% Fibo. level By HareshMenghani GBPUSD Technical Analysis Majors Currencies
Source: FXStreetNews - 🏆 14. / 72 Read more »

Silver Price Analysis: XAG/USD bears take a breather around $23.00 as 100-SMA probes further declinesSilver Price Analysis: XAG/USD bears take a breather around $23.00 as 100-SMA probes further declines By anilpanchal7 Silver Technical Analysis Commodities ChartPatterns SwingTrading
Source: FXStreetNews - 🏆 14. / 72 Read more »