EURINR trading range for the day is 88.57-88.85 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.38-74.58.
USDINR ended with nominal gains as coronavirus outbreaks threatened to snuff out global economic recovery.
FY22 GDP may see upward revision if all adults get vaccinated: Ind-Ra
S&P Cuts India's 2021-22 Growth Forecast to 9.5%
EURINR
EURINR trading range for the day is 88.57-88.85.
Euro seen some pressure amid fears that the spread of the highly infections Delta virus variant could lead to additional travel restrictions
ECB must not reduce stimulus too early and should retain the exceptional flexibility of its emergency bond purchase scheme beyond the current crisis
Germany's import prices increased at the fastest pace since 1981, data published by Destatis revealed
GBPINR
GBPINR trading range for the day is 102.79-103.49.
GBP remained pressure as a dovish stance from the Bank of England contrasted with US Federal Reserve's surprise hawkish shift.
UK policymakers left monetary policy unchanged and warned against “premature tightening” in policy until there is significant progress towards GDP
The fall in the currency has caused a shakeout in speculative bets, although CFTC data still shows the market maintaining a net long position on the pound.
JPYINR
JPYINR trading range for the day is 67.19-67.55.
JPY gained as Japanese retail sales beat expectations in May as households loosened their purse strings.
Retail sales jumped 8.2% in May from a year earlier, the third straight month of growth, government data showed
Data showed that the unemployment rate rose to 3% in May 2021, the highest reading since December 2020
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)