01-01-1970 12:00 AM | Source: Kedia Advisory
GBPINR trading range for the day is 103.56-104.52 - Kedia Advisory
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USDINR

USDINR trading range for the day is 74.58-75.48.3.

USDINR settled flat amid fears that the second wave of Covid-19 infections in India could further hurt the country's economic recovery.

Investors tried to focus on the prospect of a global economic recovery, even as concerns over a deepening COVID-19 crisis in India mounted.

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

 

EURINR

EURINR trading range for the day is 89.85-90.85.

Euro recovered from lows to settle flat after flash PMI numbers for April came in better than expected in the euro zone

The ECB Lagarde said the near term outlook for the euro area economy remained clouded with high uncertainty

The Governing reconfirmed its very accommodative monetary policy stance, by leaving interest rates and the volume of asset purchases unchanged

 

GBPINR

GBPINR trading range for the day is 103.56-104.52.

GBP dropped weighed down by risk aversion over rising global COVID cases mixed CBI data, exposing cable to the risk of more losses.

Britain's unemployment rate unexpectedly fell for a second month in a row to 4.9% in the December-to-February period

UK retail sales grew more than expected in March as the easing of the restrictions related to the coronavirus lifted consumer spending

 

JPYINR

JPYINR trading range for the day is 69.09-69.91.

JPY gained as safe haven flows bolstered the Yen amid mounting fears over possible coronavirus-related lockdowns in Japan’s biggest cities.

Japan's core consumer prices fell 0.1% in March from a year earlier

Pace of fall in core CPI narrows due to rising energy costs

 

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