EURINR trading range for the day is 89.52-90.3 - Kedia Advisory
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USDINR
Observations
USDINR trading range for the day is 81.92-82.3 Rupee weakened as investors digest the outlook for the Fed's monetary policy. India's inflation likely hit 18-month low in April The annual inflation rate in the US surprisingly slowed last month, and the core rate also edged lower
EURINR
Observations
EURINR trading range for the day is 89.52-90.3 Euro dropped as investors try to interpret the latest inflation reports from the US and China. Euro zone consumers raise inflation expectations – ECB survey Euro zone inflation momentum remains high – ECB's Schnabel
GBPINR
Observations
GBPINR trading range for the day is 103.04-103.78 GBP steadied after the Bank of England raises rates to 4.5% as inflation slow to fall MPC delivered its sharpest upward revision to the UK GDP forecasts in its history UK house price balance recovers slightly in April
JPYINR
Observations
JPYINR trading range for the day is 60.99-61.57 JPY appreciated as data showed that headline inflation in the US unexpectedly slowed last month. Japan Services sentiment rises to 16-month high Japan bank lending rises in April
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
