EURINR trading range for the day is 82.32-83.16 - Kedia Advisory
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USDINR
USDINR trading range for the day is 76.06-76.76.
USDINR gained after hawkish remarks from Fed Chair at the IMF debate raised expectations of higher interest rates in the US.
UBS trims India growth forecast to 7% as global macro risks worsen
Further elevated energy costs and geopolitical risks in Ukraine continued to weigh on investors' risk appetite.
EURINR
EURINR trading range for the day is 82.32-83.16.
Euro remained under pressure amid concerns about central banks tightening into a slowing global economy.
Euro zone consumer confidence rose by 1.8 points in April from the March number
Euro zone March inflation revised slightly down, still at record.
GBPINR
GBPINR trading range for the day is 97.9-99.9.
GBP dropped after data showed British retail sales dropped in March by more than expected.
BoE walks tightrope between inflation and recession, Bailey says
UK Consumer Morale Weakest Since 2008
JPYINR
JPYINR trading range for the day is 59.27-60.09.
JPY rose as Japan's core consumer prices rose at the fastest pace in more than two years in March
The au Jibun Bank Japan Services PMI increased to 50.5 in April 2022 from a final of 49.4 in the prior month
The au Jibun Bank Japan Composite PMI rose to a four month-high of 50.9 in April 2022 from a final 50.3 a month earlier
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)