EURINR trading range for the day is 84.1-84.9 - Kedia Advisory
USDINR
USDINR trading range for the day is 74.23-74.93.
USDINR gained with traders nervous about tensions in Ukraine and a possible hawkish tilt by the Federal Reserve at a much-watched meeting this week.
Yellen says low interest rates, manageable U.S. debt to continue after pandemic
Speculators cut net long U.S. dollar bets to lowest since mid – Sept 2021 – CFTC
EURINR
EURINR trading range for the day is 84.1-84.9.
Euro gained as support seen after the Eurozone Manufacturing PMI rose, the strongest growth in factory activity in 5 months
Strong factory output growth helped by easing supply bottlenecks pushed activity in Germany's manufacturing sector to a five-month high in January
Inflation outlook highly uncertain, ECB's Holzmann tells paper
GBPINR
GBPINR trading range for the day is 100.42-101.34.
GBP dropped hurt by investor caution brought on by falling stocks and tensions between Russia and the West.
BoE's Mann sees need for urgency on inflation, but some things beyond control
Speculators reduced their net short position on the pound in the week to Jan 18, according to CFTC data.
JPYINR
JPYINR trading range for the day is 65.11-66.05.
JPY remained supported amid renewed fears of heated inflation, policy uncertainties and heightened geopolitical tensions.
Japan's factory activity grew at the fastest pace in four years in January as output growth picked up.
The au Jibun Ban Flash Services PMI Index slumped to a seasonally adjusted 46.6 from December's final 52.1
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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The pair is likely to trade with negative bias and any pullback near immediate resistance of...