EURINR trading range for the day is 85.87-86.51 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.06-74.66
USDINR dropped as India’s economy showed signs it’s ready to accelerate, thanks to its services sector resuming expansion and manufacturing activity retaining growth momentum
India manufacturing PMI expands at a faster pace in September
Citi predicts India’s central bank will raise its reverse repo rather than the December increase expected earlier
EURINR
EURINR trading range for the day is 85.87-86.51
Euro remained under pressure as supply bottlenecks dampened German manufacturing activity in September
IHS Markit's Germany's Final PMI for manufacturing, stood at 58.4, down from 62.6 in August.
Euro zone manufacturing growth remained strong in September but activity took a big hit from supply chain bottlenecks
GBPINR
GBPINR trading range for the day is 99.81-100.95.
GBP gained as support seen after Britain’s economy grew by more than previously thought in the April-June
Gross domestic product increased by 5.5% in the second quarter, the Office for National Statistics said
Governor Andrew Bailey said interest rates could rise as early as this year
JPYINR
JPYINR trading range for the day is 66.68-67.18
JPY remained supported as safe heaven amid escalating worries that supply disruptions worldwide could keep inflation elevated for a much longer period.
Japan's business mood improves on solid demand, hopes of post-COVID recovery
Japan Q3 business mood improves - BOJ tankan
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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)