Daily FX Trends - Commentaries

USD/INR EURO/USD GBP/USD USD/JPY USD/CHF
Macro Support-Resistance Levels 92.50-95.25 1.1250-1.2100 1.2800-1.3700 150.00-162.50 0.7400-0.8300
Sentiment against USD Neutral Negative Negative Positive Positive
Forecast for the day 92.70-93.25 1.1450-1.1575 1.3150-1.3275 159.25-160.50 0.7975-0.8015

Spot rupee opens at 93.00 levels against yesterday’s closing of 93.06 levels. President Trump warned Iran that there will not be more extensions for ceasefire and attacks would resume. Crude oil prices surged higher today with Brent futures trading at $111.44/bbl. while WTI Crude futures are trading at $115.35/bbl. Equity market benchmarks are trading about 0.9 lower today.



DXY is trading higher at 100.015 level today. The ISM Services PMI fell to 54 in March 2026 from 56.1 in February, which was the highest since August 2022 and compared to forecasts of 55, pointing out to a slowdown in activity, drop in employment and rise in prices.


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