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USDINR

Observations

USDINR trading range for the day is 81.87-82.21

Rupee settled flat as investors weigh updates on the US economic performance and prospects the Fed will continue to tighten.

India May services exports rise 7.7% to $27.06 billion: RBI

Investors awaiting minutes from Fed meeting, due on Wednesday, and the U.S. non-farm payrolls employment report on Friday

EURINR

Observations

EURINR trading range for the day is 89.34-89.64

Euro steadied as investors digested mixed inflation data in the Euro Area

inflation for the Eurozone eased to 5.5% in June from 6.1%, but the core rate increased to 5.4% from 5.3%.

Traders continue to anticipate the ECB's deposit peak rate to reach 4%, with another increase expected in July.

GBPINR

Observations

GBPINR trading range for the day is 103.74-104.6

GBP steadied as traders waited for service sector data

Amid fears that more expected rate hikes by the BoE could slow the British economy further

The pace of decline in Britain's manufacturing sector steepened in June and optimism faded despite weakening price pressures.

JPYINR

Observations

JPYINR trading range for the day is 56.84-57.28

JPY gains as markets remained on high alert for signs of Japanese intervention

Business sentiment in Japan improved in the second quarter

Finance Minister Shunichi Suzuki confirmed the claim without revealing specific discussions, and warned against excessive yen selling

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