EURINR trading range for the day is 88.71-89.19 - Kedia Advisory
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USDINR
USDINR trading range for the day is 81.26-82.16.
Rupee weakened pressured by expectations of softer tightening by the Reserve Bank of India.
India may peg nominal GDP growth at about 11% in 2023/24 budget
Retail prices grew annually by 5.7% in December, below expectations of 5.9%
EURINR
EURINR trading range for the day is 88.71-89.19.
Euro remained in range as sentiment was lifted by an expectation of slower rate hikes by the US Federal Reserve
German economy more resilient than feared, Bundesbank says
Germany consumer morale recovers further
GBPINR
GBPINR trading range for the day is 100.19-101.65.
GBP dropped as doubts were raised about BOE’s policy path after weaker-than-expected PMI data.
The latest survey showed Britain's business economic activity fell at its fastest rate in two years in January
UK Factory orders fall the most in nearly 2 years: CBI
JPYINR
JPYINR trading range for the day is 62.77-63.37.
JPY remained in range as the Bank of Japan remained committed to its policy of ultra-low interest rates.
The au Jibun Bank Japan Services PMI increased to 52.4 in January 2023 from a final reading of 51.1 in December
The au Jibun Bank Japan Manufacturing PMI stood at 48.9 in January 2023, unchanged from December's 26-month low
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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)
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Rupee future maturing on March 29 depreciated by 0.55% amid strong dollar - ICICI Direct
![The USD/INR futures pair has support at 82.10 levels whereas resistance is placed at 82.50 levels - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/5e69079b822057c79eeedd9303c15a98.jpg)
![JPYINR pair traded with negative bias and managed to closed below downward trending line in the last trading session - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/02/078ce097982bb42ecaf5195bbede03cf.jpg)
![Buy GBPINR above 96.25 Target 97 SL 95.8625 - GEPL Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/70517ddb0290abd8daedf3b7a6363cf9.jpg)