Rupee and Forex Movement
Rupee and Forex Movement
TREND | 01 Mar 2024
SBI Securities
Yesterday, the dollar index failed to sustain above the 20 DMA of 104.20 due to higher-than-expected US unemployment claims. The number of people claiming unemployment benefits in the US jumped by 13,000 to 215,000 in the week ending February 24th, rebounding sharply from the five-week low in the earlier period and firmly above market expectations of 210,000.
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