GBPINR trading range for the day is 103.55 103.97 - Kedia Advisory
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USDINR
Observations
USDINR trading range for the day is 81.93-82.47
Rupee gained as latest U.S. inflation data raised expectations of a pause at the Federal Reserve's policy decision.
The Federal Reserve left the target for the Fed funds rate unchanged at 5%-5.25%, as expected
RBI chief Shaktikanta Das on monetary policy: India's disinflation process to be slow, protracted
EURINR
Observations
EURINR trading range for the day is 88.52-89.08
Euro dropped as investors awaited monetary policy decisions from both the European Central Bank
Germany's wholesale prices fell by 2.6 percent from a year earlier in May 2023.
The Eurozone economy is experiencing a mild recession, as revised GDP figures revealed a contraction of 0.1% in Q1
GBPINR
Observations
GBPINR trading range for the day is 103.55-103.97
GBP gains as investors carefully digested a range of economic data
The British economy expanded 0.2% month-over-month in April of 2023, rebounding from a 0.3% drop in March
Construction output in the UK rose by 3.6% year-on-year in April 2023
JPYINR
Observations
JPYINR trading range for the day is 58.78-59.18
JPY dropped ahead of BOJ policy meeting, in which the regulator is expected to keep its ultra-easy monetary settings.
Japan business mood improves in Q2
BOJ officials have repeatedly stated they are intent on maintaining massive stimulus until the 2% inflation target is achieved
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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)