09-01-2021 11:14 AM | Source: Kedia Advisory
EURINR trading range for the day is 86.39-87.13 - Kedia Advisory
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USDINR

USDINR trading range for the day is 72.89-73.69.

USDINR dropped as investors looked to U.S. jobs figures later this week for clues on stimulus taper timing.

Moody's keeps India's GDP forecast for 2021 at 9.6%, 2022 at 7% for, unchanged from last publication in May

Moody's says expect reserve bank of India to maintain accommodative policy stance until economic growth prospects durably improve

 

 

EURINR
EURINR trading range for the day is 86.39-87.13.

Euro seen some pressure due to firmness in Rupee and prospects of slower global growth due to coronavirus outbreaks

Euro zone inflation surges to 10-year high, in big headache for ECB

German inflation hits fresh 13-yr high in August

 

 

GBPINR

GBPINR trading range for the day is 100.36-101.62.

GBP remained under pressure after UK mortgage lending unexpectedly falls

British consumers curbed their borrowing in July when the country was hit by a rise in COVID-19 cases which triggered tough self-isolation rules

UK mortgage approvals drop to 1-year low

 

JPYINR

JPYINR trading range for the day is 66.34-67.13.

JPY remained under pressure as worries over surging cases of COVID-19 persisted.

Japan consumer morale weakest in 3 months

Japan industrial output falls less than estimated

 

 

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