01-01-1970 12:00 AM | Source: Kedia Advisory
EURINR trading range for the day is 88.55-89.13 - Kedia Advisory
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USDINR

USDINR trading range for the day is 73.02-73.62.

USDINR gained as India's wholesale price inflation accelerated to 12.94% year-on-year in May, versus 10.49% year-on-year in April

Industrial production in India surged 134.4 percent year-on-year in April of 2021.

In dollar traders cut their bearish bets before a much-anticipated Federal Reserve meeting.

 

EURINR

EURINR trading range for the day is 88.55-89.13.

Euro settled flat as the euro zone economy is at a turning point but its recovery must be firm and sustainable

Euro zone at a turning point but too early to debate end of ECB help: Lagarde

The German economy is overcoming a pandemic-induced slump and will grow briskly this year and the next, the country's central bank said

 

GBPINR

GBPINR trading range for the day is 103.1-103.72.

GBP dropped as the rapid spread of the Delta variant in Britain raised concerns that much of the country may not be able to fully reopen

UK's Sunak welcomes rebound in economic output

The UK economy grew at the fastest pace since July 2020 as government restrictions affecting economic activity continued to ease in April

 

JPYINR

JPYINR trading range for the day is 66.62-67.12.

JPY remained supported as the Bank of Japan will extend its pandemic-relief programmes

G7 leaders pledged to focus on promoting strong economic growth as the world strives to recover from a pandemic.

Japan's industrial output growth was revised higher to 2.9% mom the preliminary reading of 2.5% and a final 1.7% in March.

 

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