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USDINR

USDINR trading range for the day is 82.7-83.16.

Rupee edged higher propped up by a slide in oil prices and the dollar index.

Fed’s December meeting offered no surprises or new information about the size of its expected rate hike in February

India services activity grows the most in 6 months and composite PMI climbs to near 11-year high

EURINR

EURINR trading range for the day is 87.46-88.56.

Euro gains as appetite for riskier assets made a cautious return amid signs inflation has peaked in Europe

Data showed German inflation slowed more than expected in December

Consumer price inflation rates in France and Switzerland slowed more than expected in December

GBPINR

GBPINR trading range for the day is 98.98-100.8.

GBP gains as Consumer credit in the United Kingdom advanced by GBP 1.507 billion in November of 2022

UK manufacturing ends 2022 on a low as orders shrink – PMI

PMI sank to 45.3 in December from 46.5 in January, its lowest since May 2009

JPYINR

JPYINR trading range for the day is 63.34-64.22.

JPY rose on rising expectations that the Bank of Japan (BOJ) might move away from its ultra-easy monetary policy.

Speculation that the BOJ was set to start shifting from its ultra-loose policy flared in December

Japan Dec factory activity posts sharpest fall in more than 2 years – PMI

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