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USDINR

USDINR trading range for the day is 74.3-74.66.

USDINR eased slightly as markets assessed how tightly to embrace risk following dovish statements from Fed policy makers last week and mixed economic data.

Investors eye RBI’s policy meeting amid expectations policymakers will keep interest rates at record-low levels to support the economy hit by the pandemic crisis.

India's factory growth rebounded in July, hiring resumed after 15 months.

EURINR

EURINR trading range for the day is 88.31-88.73.

Euro remained under pressure as concerns over the Delta coronavirus variant spread and its impact on inflation and global growth mounted.

Euro zone producer prices accelerated in June.

Manufacturing activity across the euro zone continued to expand at a blistering pace in July.

GBPINR

GBPINR trading range for the day is 103.33-103.91.

GBP remained in range helped by recent falls in COVID-19 infections in Britain and optimism around Britain's easing of lockdown restrictions.

British consumer price inflation will reach 3.9% early next year, almost double BOE's target.

The BoE is expected to be among the first of the world's main central banks to begin the process of stopping stimulus support.

JPYINR

JPYINR trading range for the day is 68.01-68.35.

JPY remained supported as Japan's consumer confidence rose to the highest level in seventeen months in July.

BOJ must ease if economy suffers severe downturn - Noguchi.

If more easing needed, BOJ may cut rates, ramp up asset buying.

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