11-11-2021 10:13 AM | Source: Kedia Advisory
GBPINR trading range for the day is 100.5-101.08 - Kedia Advisory
News By Tags | #2767 #5839

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USDINR

USDINR trading range for the day is 74.07-74.79.

USDINR remained supported with investors taking little risk ahead of U.S. inflation data.

India October inflation likely stable, gives RBI room on rates

India on way to becoming fastest growing economy in world: Finance Ministry report

 

EURINR

EURINR trading range for the day is 85.86-86.54.

Euro remained supported as investor morale in the euro zone rose in November for the first time since July

The European Central Bank’s loose monetary policy remains appropriate and the rise in inflation is temporary

Euro zone unemployment eases to 7.4% in Sept as expected

 

GBPINR

GBPINR trading range for the day is 100.5-101.08.

GBP dropped as Britain and the European Union looked far from finding a post-Brexit agreement trade on Northern Ireland

Pressure to raise pay will grow for some sectors – Bank of England's Broadbent

Investors await the UK preliminary estimate of third-quarter GDP growth, which is expected to show GDP growth slowing to 1.5%

 

JPYINR

JPYINR trading range for the day is 65.14-66.28.

JPY remained supported as markets searched for safer assets amid inflation risks and central bank warnings against stretched valuations.

Japan's October service sector sentiment at highest in nearly 8 years

Japan economic stimulus seen topping $265 bln, require new debt -Kyodo

 

 

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