10-08-2021 10:09 AM | Source: Kedia Advisory
EURINR trading range for the day is 86.42-86.88 - Kedia Advisory
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USDINR

USDINR trading range for the day is 74.67-75.17.

USDINR dropped as World Bank holds India’s GDP forecast for 2021-22 at 8.3%, same as in June 2021

India’s unemployment rate falls sharply in September to 6.86%: CMIE

Ratings agency Moody’s Investors Service upgraded its outlook on India to stable from negative

EURINR

EURINR trading range for the day is 86.42-86.88.

Euro remained under pressure as German industrial output slumps in August on supply chain woes

ECB said to study new bond-buying program for when PEPP ends

ECB also said to study new plan to prevent widening of spreads

GBPINR

GBPINR trading range for the day is 101.45-102.15.

GBP dropped as concerns weighed about British economic growth and rising inflation, as the country grapples with a fuel crisis.

UK house prices jump by 1.7% in September - Halifax

UK firms raise their inflation expectations - BoE survey

JPYINR

JPYINR trading range for the day is 67.05-67.49

JPY dropped as Japan's services sector activity shrank for a 20th straight month in September

BOJ's Kuroda says consumer inflation to perk up on rising energy costs

Japan’s new finance minister said he will keep monetary and fiscal stimuli, while calling on the BoJ Governor to ensure stable market and corporate funding

 

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