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USDINR

USDINR trading range for the day is 81.53-82.65.

Rupee gained boosted by optimism that the tightening cycle in the US may be near its end following signs of receding inflationary pressures

US economy added 517 thousand new jobs in January, the best since July and up from 260 thousand in the previous reading

The S&P Global India Services PMI declined to 57.2 in January 2023 from December’s six-month high of 58.5

EURINR

EURINR trading range for the day is 89.32-90.06.

Euro eased as investors digested a dovish cue from policymakers at the European Central Bank despite the central bank's hawkish stance.

ECB's March hike will not be the last, Kazimir says

Euro zone companies to slow price increases this year, ECB poll shows

GBPINR

GBPINR trading range for the day is 99.55-101.49.

GBP dropped as the Bank of England raised interest rates by 50 basis points AND adopted a more dovish tone on inflation.

BoE's Pill says important not to raise interest rates too high

The BoE raised interest rates to 4%, their highest since 2008, in a bid to stamp out the risks from the surge in inflation.

JPYINR

JPYINR trading range for the day is 63.66-64.48.

JPY dropped on profit booking as the central bank recently defied speculations about another policy adjustment by maintaining its ultra-low interest rates

Japan services sector grows for 5th month

Japan composite PMI highest in 3 months

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