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06-09-2021 10:24 AM | Source: Kedia Advisory
GBPINR trading range for the day is 103.02-103.48 - Kedia Advisory
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USDINR

USDINR trading range for the day is 72.84-73.16.

USDINR remained in range as investors prepared for U.S. inflation data due later in the week following weaker-than-expected jobs data

India's services activity shrank in May on lockdowns, job cuts quicken

Moody's pegs India GDP growth at 9.3% in FY22

 

EURINR

EURINR trading range for the day is 88.73-89.09.

Euro seen steadied with markets in a wait-and-see mood ahead of a policy meeting of the European Central Bank and U.S. inflation data, both due on Thursday.

Merkel warned that the global shortage of semiconductors, was making Germany's economic recovery more difficult.

Industrial production in Germany unexpectedly dropped 1% month-over-month in April of 2021

 

GBPINR

GBPINR trading range for the day is 103.02-103.48.

GBP remained in range as the government failed to reassure the public it will stick to its plan to fully lift COVID-19 lockdown restrictions

Health minister Matt Hancock said it was "too soon" to say whether the June 21 plan could go ahead.

British consumer sentiment rose last month to its highest level since April 2016

 

JPYINR

JPYINR trading range for the day is 66.57-66.87.

JPY remained in range as Japan’s economy shrank at a slower-than-initially reported pace in the first quarter

Japan's gross domestic product shrank an annualized 3.9 percent on year in the first quarter of 2021.

Data showed growth in bank lending slowed sharply in May, while real wages posted the biggest monthly jump in more than a decade in April

 

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