EURINR trading range for the day is 85.82-86.82 - Kedia Advisory
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USDINR
USDINR trading range for the day is 72.92-74.12.
USDINR dropped as a revival in India's economic activity should continue "unabated" despite a recent surge in coronavirus infections
Fitch raises India's FY22 GDP growth projection to 12.8% from 11%
India's inflation is at "uncomfortably high" level, which is an exception among Asian economies, Moody's Analytics said.
EURINR
EURINR trading range for the day is 85.82-86.82.
Euro dropped amid concerns about a surge in COVID-19 cases across Europe and the negative impact of vaccine delays on economic recovery.
EU leaders insisted on the need to urgently accelerate the vaccination campaigns and agreed to keep restrictions in place for the time being
Eurozone economic confidence improved in March with a magnitude of growth that was fastest since last summer's steep recovery
GBPINR
GBPINR trading range for the day is 100.56-101.86
GBP dropped amid concerns over new coronavirus variants that could threat the country's vaccine rollout.
BoE's Vlieghe says economy may need more help even with swift rebound
UK mortgage borrowing increased in February to the highest level since 2016
JPYINR
JPYINR trading range for the day is 65.98-67.2.
JPY dropped as a sustained rise in long term bond yields and prospects of further massive US stimulus measures later this week drove dollar higher.
Preliminary data showed that industrial production dropped by 2.1% on-month in February, following a 4.3% gain a month earlier.
The unemployment rate held steady at 2.9% mom in February, slightly below estimates; while retail trade fell 1.5% yoy.
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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)