GBPINR trading range for the day is 102.88-103.78 - Kedia Advisory
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USDINR
USDINR trading range for the day is 73.21-73.57.
USDINR gained amid concerns that rising crude prices could negatively impact the country's current account deficit.
However upside seen limited supported by signs that India’s second wave of coronavirus infections is slowing and hopes of a solid economic recovery
India's retail price inflation shot up to a six-month high of 6.3% in May, breaching the Reserve Bank of India's target range
EURINR
EURINR trading range for the day is 88.66-89.36.
Euro remained supported as euro zone industrial production was stronger than expected in April
The euro zone’s unadjusted trade surplus was almost five times higher in April than a year earlier
European Central Bank President Christine Lagarde said that monetary and fiscal stimulus should remain in place
GBPINR
GBPINR trading range for the day is 102.88-103.78.
GBP ended with losses as investors digested news about the UK-Australia trade agreement and a delay in the UK's lockdown easing plan.
Prime Minister Boris Johnson announced a delay of four weeks to the wider reopening of the UK economy
The number of employees on British company payrolls surged by a record amount in May as COVID restrictions eased
JPYINR
JPYINR trading range for the day is 66.51-66.85.
JPY dropped as extension of emergency measures to stem a rise in coronavirus infections has dented the growth outlook
The Japanese government lifted the COVID-19 state of emergency in Tokyo and downgraded it to a quasi-emergency state in three prefectures
Japan's industrial output growth was revised higher to 2.9% mom the preliminary reading of 2.5% and a final 1.7% in March.
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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)