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USDINR

USDINR trading range for the day is 77.66-77.86.

USDINR settled flat as risk appetite across markets tentatively strengthened, supported by more encouraging economic data

Indian economy capable of weathering the global storm: RBI

Data showed that U.S. consumer spending rose more than expected in April

EURINR

EURINR trading range for the day is 83.4-84.18.

Euro remained supported after ECB President Christine Lagarde said the central bank is likely to exit negative interest rates by the end of the third quarter.

Ifo Business Climate indicator for Germany unexpectedly rose to a 3-month high of 93, indicating Europe's largest economy continues to show no signs of a recession

Traders were already boosting bets for higher borrowing costs after hawkish comments from ECB Knot and ECB Villeroy de Galhau last week.

GBPINR

GBPINR trading range for the day is 98-98.58.

GBP gains on optimism that the new Cost of Living Support package will help boost consumer spending.

The CBI distributive trades survey’s retail sales balance in the UK jumped to -1 in May of 2022 from a 13-month low of -35 in April

UK's Sainsbury's to invest 500 mln pounds over two years to soften price rises

JPYINR

JPYINR trading range for the day is 60.98-61.42.

JPY remained depressed as a Bank of Japan official shot down hopes that authorities would help support a rapidly falling currency.

BOJ's Kuroda vows to patiently continue powerful monetary easing

Japan's core consumer inflation will likely stay around 2% through this fiscal year but the pace will slow in the next year from April 2023

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