01-01-1970 12:00 AM | Source: Kedia Advisory
EURINR trading range for the day is 85.41-86.23 - Kedia Advisory
News By Tags | #2767 #5839

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USDINR

USDINR trading range for the day is 75.79-76.13.

USDINR remained supported due to growing concerns of investors over the Omicron variant of COVID-19, ahead of meetings of key central banks this week.

ADB trims developing Asia's growth forecasts over Omicron risks

India's November retail inflation climbs to 4.91% y/y

 

EURINR

EURINR trading range for the day is 85.41-86.23.

Euro gained after data showed Euro zone production rises in Oct on capital, consumer goods

Policymakers in the Euro Area are due to decide on the future of the bond-buying program

Concerns over Europe's slowing economic growth mounted as the region struggles with surging energy prices and new COVID restrictions.

 

GBPINR

GBPINR trading range for the day is 100.07-100.85.

GBP settled flat amid worries about the Omicron after the UK announced its first death linked to the variant.

U.K. Prime Minister Boris Johnson warned of a "tidal wave" of infections from the new variant.

The number of employees on payroll rose the most on record in November and unemployment fell fueling concerns that inflation pressures are building in the labour market.

 

JPYINR

JPYINR trading range for the day is 66.66-67.06.

JPY remained supported amid concerns around the fast-spreading omicron variant which prompted some countries to impose renewed restrictions.

Japan's service-sector mood improves; Omicron, rising costs cloud outlook

Japan's Oct machinery orders rise for first time in 3 months

 

 

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