GBPINR trading range for the day is 99.69-101.43 - Kedia Advisory
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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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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)