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Kedia Commodities

Published on 07-07-2025 08:42 am
# JPYINR trading range for the day is 59.67-59.97.
# JPY dropped weighed down by trade-related uncertainties despite Tokyo’s efforts to secure a deal with Washington.
# US dollar strengthened following a stronger-than-expected June jobs report, which eased recession fears
# Household spending in Japan rebounded more than anticipated in May, supported by government measures to stimulate consumption.
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Kedia Commodities

Published on 07-07-2025 08:41 am
# GBPINR trading range for the day is 116.6-117.08.
# GBP settled flat as investors rushed to the dollar following a stronger-than-expected US jobs report.
# Markets have priced in a Bank of England rate cut as soon as August, following dovish remarks from officials.
# Governor Bailey said it was too early to fully assess the inflationary impact of tariffs but reiterated that the trajectory of interest rates is “downwards.”
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities

Published on 07-07-2025 08:41 am
# EURINR trading range for the day is 100.55-101.07.
# Euro steadied as investor attention shifted back to global trade tensions ahead of the July 9th deadline.
# EU’s Sefcovic stated that while talks would continue, the objective remains securing a comprehensive and ambitious transatlantic trade agreement.
# Factory orders in Germany dropped by 1.4% month-over-month in May 2025, missing market forecasts of a 0.1% decline
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities

Published on 07-07-2025 08:39 am
# USDINR trading range for the day is 85.29-85.67.
# Rupee little changed as traders awaited developments in U.S.-India trade talks.
# India's services sector experienced robust growth in June, reaching a 10-month high with a PMI of 60.4
# Crisil has revised India's GDP growth forecast to 6.5% for the current fiscal year
(Disclaimer: https://bit.ly/2ziDavw)
Kedia Commodities

Published on 04-07-2025 11:24 am
SELL JPYINR JUL @ 59.85 SL 60.05 TGT 59.65-59.45.
Click Here : https://tinyurl.com/3hztc97k
(Disclaimer: https://bit.ly/2ziDavw)