01-01-1970 12:00 AM | Source: Kedia Advisory
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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