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USDINR

USDINR trading range for the day is 73.85-74.29.

USDINR dropped amid expectations of a strong earnings season and foreign fund inflows into the domestic stock market.

The World Bank estimated India’s GDP to be over $10 trillion in next 25 years

Goldman predicts the Fed will hike rates four times this year, more than previously expected

EURINR

EURINR trading range for the day is 83.81-84.3.

Euro remained under pressure as Euro zone economic sentiment dropped more than expected last month+

Investor morale in the euro zone rose in January as economic momentum is not expected to slow down despite new virus variants and rising coronavirus infections

Record euro zone inflation of 5% sounds "so strange" after a long period of little price growth but the rate will come down this year, ECB’s Lane said

GBPINR

GBPINR trading range for the day is 100.48-101.

GBP settle flat amid expectations that the Bank of England will raise interest rates further.

Investors have ramped up expectations that the BoE will raise interest rates as early as next month.

Retail sales in the United Kingdom increased 0.6% in December 2021 on a like-for-like basis from a year earlier

JPYINR

JPYINR trading range for the day is 64.07-64.47.

JPY remained under pressure as monetary policy between Japan and other countries continued to diverge.

Japan coincident index rises to 4-month high

Japan leading economic index highest in 4 months

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