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USDINR

USDINR trading range for the day is 74.87-75.61.

USDINR gained as investors move to safe haven US dollar amid concerns of new, possibly COVID variants forcing renewed lockdowns.

India’s economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered

Investors fled riskier assets after the detection of the significant new mutation, which in-turn strengthened safe-haven assets like the dollar.

EURINR

EURINR trading range for the day is 84.51-85.42.

Euro steadied helped by a weaker US dollar and falling bond yields

Bottlenecks tighten further across German industry - Ifo

Inflation reached its peak in November - ECB's Schnabel

GBPINR

GBPINR trading range for the day is 99.69-101.43.

GBP remained supported as calm returned to global markets after the discovery of the Omicron coronavirus variant prompted investors to dump currency.

BoE's Bailey says guidance is hazardous for central banks

UK says 'significant gap' with EU over N.Ireland, ready to use Article 16

JPYINR

JPYINR trading range for the day is 65.77-67.01.

JPY remained supported after prime minister Fumio Kishida announced that Japan will suspend all new entries by foreign nationals starting Nov. 30

Japan Oct retail sales rise for first time in 3 months but less than expected

Japan factory output to post first rise in 4 mths as bottlenecks ease

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