EURINR trading range for the day is 84.29-84.91 - Kedia Advisory
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USDINR
USDINR trading range for the day is 81.22-81.96
Rupee rose marking its first monthly gain this year and ending its longest losing streak in nearly four decades.
The Indian economy expanded 6.3% year-on-year in the third quarter of 2022, slightly higher than market forecasts of 6.2%
RBI could slow its pace of rate hikes at its December policy meet against the backdrop of moderating inflation
EURINR
EURINR trading range for the day is 84.29-84.91
Euro dropped as the industry confidence indicator in the Euro Area declined for a ninth consecutive month to -2.0 in November 2022
Annual inflation rate in the Euro Area eased to 10% in November of 2022 from a record high of 10.6% in October
Euro zone economic sentiment rebounds in Nov more than expected
GBPINR
GBPINR trading range for the day is 97.36-98.22
GBP dropped on profit booking amid Britain's persistently gloomy economic outloo
The Bank of England will start selling bonds bought during the turmoil period of Liz Truss government from November 29th
Bank of England gets solid demand at 750 mln pound bond sale
JPYINR
JPYINR trading range for the day is 58.47-59.35
JPY dropped on profit booking as investors awaited more clues on the likely direction of US monetary policy
Bank of Japan business survey report which flagged broadening inflationary pressures across different industries in Japan
Japan's housing starts declined by 1.8 percent year-on-year in October 2022
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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)