GBPINR trading range for the day is 94.35-96.71 - Kedia Advisory
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/c149de81a7f3f39b4fd3b1f97bf7033a.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
USDINR
* USDINR trading range for the day is 79.68-80.26.
* USDINR rose as red-hot US inflation data raised fears of more aggressive policy tightening by the U.S Federal Reserve.
* India on course to become world's fastest-growing economy, says RBI
* Knock-on effects of geopolitical spillovers are visible in several sectors, tapering the pace of recovery, the central bank said.
EURINR
* EURINR trading range for the day is 80.29-82.05.
* Euro remained supported amid a slight pullback in the dollar
* Investors dialed back expectations for a bigger full percentage point rate hike from the Federal Reserve.
* The ECB is only expected to raise key rates by 25bps later this month, the first increase in more than 11 years
GBPINR
* GBPINR trading range for the day is 94.35-96.71.
* GBP rose as sentiment remained slightly upbeat, helped by less hawkish bets for the US Federal Reserve's looming interest rate decision.
* But the UK currency's rally was capped by political risks and persistent recession fears in Britain.
* Traders also worry about the outlook for the UK economy, with concerns inflation in Britain could end up persistently higher than elsewhere
JPYINR
* JPYINR trading range for the day is 57.55-58.27.
* JPY gained as the dollar index eased as traders reassessed the Federal Reserve’s policy tightening path
* Chief Cabinet Secretary Hirokazu Matsuno said the government is concerned about the yen’s rapid decline and added that it will closely monitor the foreign exchange market
* Japanese Finance Minister Shunichi Suzuki warned against "speculative moves" seen behind a rapid yen weakening
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/kotak securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/TechMahindra23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/powersector25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/fsdkfjeljweoir.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nirmalasitharaman230717.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Real estate sector_9477.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/global29.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar 30.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f8722dc5cfdcb05d0a567e0df6a967e.jpg)
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)