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USDINR

USDINR trading range for the day is 74.64-75.06.

USDINR gained as support seen after Fitch Ratings cut India's growth forecast to 10 percent for the current fiscal.

Fitch cuts India growth forecast to 10%; says rapid vaccination key to revival

India's manufacturing activity contracted in June for the first time in 11 months

EURINR

EURINR trading range for the day is 88.31-88.77.

Euro settled flat after disappointing German data raised doubts about the strength of the economic recovery.

German industrial output fell in May, data showed, another hint that semiconductor supply bottlenecks are slowing the recovery in Europe’s largest economy.

Orders for German-made goods posted their sharpest slump in May since the first lockdown in 2020, data showed

GBPINR

GBPINR trading range for the day is 103-103.68

GBP traded in range on British Prime Minister Boris Johnson's plans to end social and economic COVID-19 restrictions in England in two weeks' time.

Another reason for the recent leg lower in the pound was a warning by Bank of England governor Andrew Bailey against an overreaction to inflation in Britain

Data suggests that cases will continue to rise as restrictions are eased, the government said

JPYINR

JPYINR trading range for the day is 67.29-68.01.

JPY remained supported as U.S. bond yields fell to their lowest levels since February after data signalled the service sector expanded at a slower pace.

BOJ trimmed the amount of Japanese government bonds it will purchase in the coming quarter and also shifted its announcement to a quarterly schedule.

The average of household spending in Japan was up 11.6 percent on year in May

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