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USDINR

USDINR trading range for the day is 81.06-81.76.

Rupee weakened as sustained corporate demand pushed the U.S. dollar up, while weakness in Asian stocks and currencies spilled over to domestic markets.

Investors digested a batch of macroeconomic data and looked past geopolitical concerns after a Russian-made missile hit Poland.

India’s trade deficit widened to $26.9 billion in October, the third sharpest gap on record

EURINR

EURINR trading range for the day is 84.05-85.25.

Euro gained after traders assessed a slew of economic data, including euro zone job figures plus German economic sentiment.

ECB will probably continue to raise interest rates beyond 2%, but "jumbo" rate hikes will not become a new habit

Euro zone September trade deficit at 34.4 billion euros

GBPINR

GBPINR trading range for the day is 96.05-97.45.

GBP gained as strong pay growth data in the UK kept pressure on the Bank of England to continue raising rates

Annual inflation rate in the UK jumped to 11.1% in October of 2022 from 10.1% in September

British Finance Minister Hunt is unveiling the government's fiscal plan, which is expected to include some £60 billion in tax rises

JPYINR

JPYINR trading range for the day is 57.95-58.71.

JPY gained as dollar remained under pressure as investors continued to bet that the Federal Reserve will soon slow its aggressive tightening campaign

Japan machinery orders miss expectations

BOJ Governor Kuroda also said that the central bank would stick to monetary easing to support the economy

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