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01-01-1970 12:00 AM | Source: Kedia Advisory
GBPINR trading range for the day is 92.36-93.54 - Kedia Advisory
News By Tags | #2767 #5839

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USDINR

* USDINR trading range for the day is 78.92-79.66.

* Rupee rose to an over one-month high spurred by foreign inflows into local debt and equity markets.

* The annual inflation rate in the US eased for a second straight month to 8.3% in August, the lowest since April

* Higher-than-expected India's retail inflation data fueled expectations for a more rapid rate hike by the Reserve Bank of India.

EURINR

* EURINR trading range for the day is 80.14-81.06.

* Euro dropped as eurozone investor morale lowest since 2008

* German inflation rate confirmed at 7.9% in August

* The ZEW Indicator of Economic Sentiment for Germany fell for a third month to -61.9 in September of 2022 from -55.3 in August

GBPINR

* GBPINR trading range for the day is 92.48-93.32.

* GBP steadied as the jobless rate in the UK fell to 3.6% in the three months to July of 2022, the lowest reading since 1974

* Average weekly earnings including bonuses in the UK increased by 5.5% year-on-year to GBP 613 in the three months to July of 2022

* Further evidence of a tighter job market comes ahead of the UK August inflation reading due on Wednesday

JPYINR

* JPYINR trading range for the day is 55.62-56.12.

* JPY recovered most of its losses as Japan business mood improves in Q3

* Japan producer prices rise for 18th month

* BOJ set to end COVID – relief scheme, but no change to loose policy

 

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