EURINR trading range for the day is 88.63-89.01 - Kedia Advisory
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USDINR
USDINR trading range for the day is 73.01-73.35.
USDINR remained in range as President-elect Joe Biden rolled out a $1.9 trillion stimulus plan that was offset by fresh U.S.-China tensions
U.S. Federal Reserve Chair Jerome Powell said "now is not the time" to be talking about changing the Fed's asset purchases.
India predicts GDP 7.7% contraction, likely to prompt steps to boost growth
EURINR
EURINR trading range for the day is 88.63-89.01.
Euro dropped as ECB policymakers were concerned that the resurgence in the coronavirus pandemic could prolong the economic crisis
Policymakers pointed out that the expected shape of the recovery now looked very different from the V- and U-shapes expected earlier in the year.
The euro area house prices grew at a steady pace in the third quarter, data published by Eurostat showed.
GBPINR
GBPINR trading range for the day is 99.35-100.31.
GBP pared gains after Britain's economy shrank in November for the first time since the initial COVID-19 lockdown last spring
Following the completion of a Brexit trade deal in December, investors have turned their attention to Britain's economy and its COVID-19 vaccination campaign.
UK housing market activity growth softened in December as the lockdown restrictions coupled with the ending of the Stamp Duty holiday weighed on the property market
JPYINR
JPYINR trading range for the day is 70.3-70.78.
JPY gained as the dollar's rebound faltered after Federal Reserve Chair Jerome Powell said that interest rates would not rise any time soon.
The Bank of Japan upgraded its economic assessment of three out of nine regions and downgraded one, according to the latest Regional Economic Report.
The value of core machine orders in Japan rose a seasonally adjusted 1.5 percent on month in November, the Cabinet Office said - standing at 854.8 billion yen.
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
