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USDINR

USDINR trading range for the day is 74.45-74.67.

USDINR remained in range ahead of U.S. inflation data, with a strong number potentially pressuring the Federal Reserve to wind back policy support.

India's retail inflation likely cooled to 5.78% in July

Fed officials say tapering is near, advancing discussion on rate hike

EURINR

EURINR trading range for the day is 87.31-87.53.

Euro remained in range as investors expect that the European Central Bank will remain dovish for some time

ECB President Christine Lagarde also warned about a fresh wave of the coronavirus pandemic and its impact on the economic recovery.

Euro zone banks left flying solo by new glitch in ECB payment system

GBPINR

GBPINR trading range for the day is 102.8-103.32.

GBP dropped with traders holding off major bets ahead of British GDP figures due.

British consumer spending rose strongly in July, data from payment card provider Barclaycard showed, up 11.6% on pre-pandemic levels.

The UK central bank left monetary policy unchanged last week, raising inflation forecasts for 2021

JPYINR

JPYINR trading range for the day is 67.27-67.51.

JPY remained under pressure tracking U.S. Treasuries as a strong labour market recovery in the United States spurred bets for a near-term tightening of monetary policy.

Japan’s bank lending rose in July at the slowest annual pace in nearly nine years, data showed

Japan's current account surplus beat estimates in June, rising sharply to JPY 905.1 billion from JPY 148.3 billion in the same month of 2020.

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