Currency at its peak. Symptom to fall
As our global market is falling. FII selling their stakes , which leads to increase the demand of dollars and therefore dollar is rising and currently at its peak. Movement of currency and equity index is inverse of each other. Rise in dollar value indicates fall in equity index and vice-versa .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.