10-06-2022 10:16 AM | Source: Kedia Advisory
GBPINR trading range for the day is 91.82-93.62 - Kedia Advisory
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USDINR

USDINR trading range for the day is 81.35-82.17.

Rupee closed higher as a sharp decline in Treasury yields stoked a rally in global equities and dampened demand for the dollar.

India's trade deficit rose to USD 26.72 billion in September of 2022 from USD 22.59 billion in the same month last year

India’s economy to grow 5.7% in 2022, 4.7% in 2023: UNCTAD

 

EURINR

EURINR trading range for the day is 80.02-81.56.

Euro appreciated as Investors bet the European Central Bank will continue to raise interest rates in the coming months

The inflation rate in the Euro Area hit an all-time high of 10% in September, well above the central bank's target of 2%.

ECB President Lagarde recently said the central bank would keep tightening its monetary policy, even as the region faces an economic downturn

 

GBPINR

GBPINR trading range for the day is 91.82-93.62.

GBP extended its recovery a day after the British government's about-face on controversial tax cuts.

British Prime Minister Liz Truss was forced to back down from the plan amid a party rebellion.

The dollar index retreated for a third day to near two-week lows of 111.2 on bets the Fed may slow the pace of future rate hikes

 

JPYINR

JPYINR trading range for the day is 56.4-56.84.

JPY dropped as Japan Q3 business sentiment lowest in 6 quarters

Consumer prices in Japan's capital rise at fastest pace since 2014

Japan's cash in circulation falls for 1st time since 2012 - BOJ

 

 

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