In the last two sessions, Dollar Index is testing lower level due - TopicsExpress

In the last two sessions, Dollar Index is testing lower level due to internal issues in the USA. INR is showing Recovery due to Dollar weakness. INR is still the weaker currency. Nothing has changed; INR is showing strong due to external factor. That can vanish very soon. Next week most probably, we are expecting USA Government shut down drama to be over. Whenever Drama will be over Indian or emerging market currency will fall sharply. INR is weaker in this segment. Sharp down fall is not ruled out. Currency traders please trade carefully and close the trade 30 minute before Indian Closing.

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