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USDINR

USDINR trading range for the day is 74.57-74.83.

USDINR settled flat as investors turned their focus to this week’s Federal Reserve meeting.

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 87.63-88.43.

Euro remained supported amid a softer dollar as investors awaited the Federal Reserve meeting for policy cues.

German business morale fell unexpectedly in July on continuing supply chain worries and amid rising coronavirus infections.

Germany's Bundesbank sees faster growth barring virus comeback.

GBPINR

GBPINR trading range for the day is 102.26-103.34.

GBP remained supported after data over the weekend showed a fall in COVID-19 cases in Britain.

Bank of England to accept new green gilts in QE programme.

The UK private sector growth slowed to a four-month low in July as the shortages of staff and materials weighed on recovery.

JPYINR

JPYINR trading range for the day is 67.6-67.96.

JPY gains as the safe-harbour as rising COVID-19 cases and a decline in equities set a cautious tone ahead of the Federal Reserve’s meeting this week.

Japan's July factory activity grows at slowest pace in 5 months.

The au Jibun Bank Japan Services PMI declined to 46.4 in July 2021 from 48 a month earlier.

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