EURINR trading range for the day is 87.43-87.95 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.28-74.7.
USDINR settled flat as the market's next major focus is the Federal Reserve's two-day policy meeting that wraps up on Thursday
Since the previous meeting on June 16, when Fed officials dropped a reference to the coronavirus as a weight on the economy, cases are spiking.
There were signs that India’s second wave of coronavirus infections is slowing helped to curb the losses.
EURINR
EURINR trading range for the day is 87.43-87.95.
Euro ended with losses as fears of another wave of infections hit business confidence.
Euro zone business activity expanded at its fastest monthly pace in over two decades in July
French manufacturing growth remains strong in July
GBPINR
GBPINR trading range for the day is 101.87-102.87.
GBP dropped after a survey showed Britain’s economic rebound slowing sharply in July.
UK retail sales return to growth, up by 0.5% in month of June.
England lifted its final coronavirus-induced restrictions on Monday amid skepticism among epidemiologists due to a spike in infections.
JPYINR
JPYINR trading range for the day is 67.19-67.81.
JPY dropped as investors' risk appetite improved after a flight to safety.
Pressure also seen amid concerns over the spread of the Delta variant and a slowdown in global economic recovery.
Japan posted a merchandise trade surplus of 383.2 billion yen in June, the Ministry of Finance said.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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GBPINR trading range for the day is 100.98-101.96 - Kedia Advisory
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