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09-06-2021 10:03 AM | Source: Kedia Advisory
GBPINR trading range for the day is 100.99-101.59 - Kedia Advisory
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USDINR

USDINR trading range for the day is 73.02-73.4.

USDINR remained in range as India August service activity grows at fastest pace since pandemic began

Fed likely to announce taper in November, former Fed official says

Fiscal deficit at 21 per cent as tax mop-up rises, spending dips

 

EURINR

EURINR trading range for the day is 86.72-87.24.

Euro remained supported as activity in Germany's services sector expanded at a strong pace in August

German workers on short-time down 35% in August – Ifo

Spain’s service sector expanded for the fifth month in a row in August, though at a slower pace than in the previous months

 

GBPINR

GBPINR trading range for the day is 100.99-101.59.

GBP remained supported as markets braced for a jobs report in the United States which is expected to drive the Federal Reserve's asset purchase policy.

UK job creation hits record high, but supply shortages contribute to slowest output growth for six months

The speed of Britain's COVID-19 vaccination programme had contributed to the pound being the best performer among G10 currencies this year

 

JPYINR

JPYINR trading range for the day is 66.41-66.82.

JPY remained in range after Prime Minister Yoshihide Suga said he would not seek another term as a ruling party leader and hence the prime minister.

Japan's economy likely grew more than initially reported in the second quarter thanks to stronger business spending

The services sector in Japan continued to contract in August, and at a faster pace, with a PMI score of 42.9.

 

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