01-01-1970 12:00 AM | Source: Kedia Advisory
GBPINR trading range for the day is 103.26-103.8 - Kedia Advisory
News By Tags | #2767 #5839

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USDINR

USDINR trading range for the day is 74.17-74.63.

USDINR remained in range as falling COVID-19 cases and surge in vaccinations boosted confidence in an economic recovery.

FY22 GDP may see upward revision if all adults get vaccinated: Ind-Ra

S&P Cuts India's 2021-22 Growth Forecast to 9.5%

 

EURINR

EURINR trading range for the day is 88.74-89.1.

Euro steadied amid hopes of a solid economic recovery in Europe.

Economic data showed the Eurozone private sector activity expanded in June by the most in 15 years, helped by the latest re-opening efforts

German consumer confidence is set to improve in July as the country eases the lockdown restrictions, monthly survey results from GfK showed.

 

GBPINR

GBPINR trading range for the day is 103.26-103.8.

GBP remained under pressure after the Bank of England kept its policy unchanged.

The BoE kept the size of its stimulus programme at the same level and left its benchmark interest rate at an all-time low of 0.1%.

The U.S. Federal Reserve surprised markets by signalling it would raise interest rates and end emergency bond-buying sooner than expected.

 

JPYINR

JPYINR trading range for the day is 66.8-67.22.

JPY remained in range as Japan's factory output likely fell in May, underscoring patchy recovery

Japan's economy likely avoided falling into recession this quarter.

BOJ Kuroda said supporting private-sector efforts to combat climate change will help stabilise the country's economy in the long run.

 

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