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USDINR

Observations

USDINR trading range for the day is 83-83.28.

Rupee ended little changed, on likely dollar-selling intervention by the central bank

Moody’s affirms India’s Baa3 rating with stable outlook

India's forex reserves up by $708 million, at $602.16 billion as on August 11

BUY USDINR AUG @ 83.05 SL 82.9 TGT 83.22-83.35.

EURINR

Observations

EURINR trading range for the day is 90.31-90.95.

Euro gains as markets continued to assess the outlook on monetary policy

German producer prices fell more than expected on the year in July

Euro zone set for growth over next 'couple' of years – ECB's Lane

SELL EURINR AUG @ 90.85 SL 91.05 TGT 90.62-90.45.

GBPINR

Observations

GBPINR trading range for the day is 105.52-106.32.

GBP steadied as the latest CPI report strengthened the case for hawks in the BOE Policy Committee.

Asking prices for homes in Britain fell sharply this month

Consumer prices in the United Kingdom rose by 6.8% in July, in line with market estimates

SELL GBPINR AUG @ 106.3 SL 106.6 TGT 105.98-105.78.

JPYINR

Observations

JPYINR trading range for the day is 56.93-57.43.

JPY dropped as investors sought to balance the Bank of Japan's more-flexible yield curve controls

Data showed the country's core inflation rate slowed to 3.1% in July from 3.3% in June

Headline inflation was unchanged at 3.3%, defying expectations for a sharp slowdown to 2.5%.

SELL JPYINR AUG @ 57.2 SL 57.4 TGT 56.98-56.78.

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