EURINR trading range for the day is 88.55-89.13 - Kedia Advisory
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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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory