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USDINR

USDINR trading range for the day is 77.73-77.89.

USDINR traded in a tight range ahead of a monetary policy decision by the Reserve Bank of India later this week.

India 10 Year Government Bond Yield increased to a 3-year high of 7.5%

The country's GDP slowed to the lowest in a year in Q1, reflecting the impact of high inflation on consumer demand.

EURINR

EURINR trading range for the day is 83.34-83.86.

Euro traded in range as traders await important data to be released during the week, including the ECB monetary policy decision

Euro zone retail trade weaker than expected as food sales fall

Euro zone May business growth robust but outlook darkens – PMI

GBPINR

GBPINR trading range for the day is 96.9-98.28.

GBP settled flat recovering from lows as a slight increase in investors' risk appetite and bets the ECB will need to raise interest rates to curb soaring inflationary pressures.

PM Johnson will face a confidence vote by lawmakers in the governing Conservative Party amid increasing dissatisfaction regarding his leadership.

Supply shortages continue to weigh on UK auto sector

JPYINR

JPYINR trading range for the day is 59.46-59.84.

JPY seen on the back foot after good jobs and manufacturing data from

Japanese policymakers also repeatedly shot down hopes that authorities would intervene in the currency markets amid a rapidly falling yen.

The au Jibun Bank Japan Manufacturing PMI was little-changed to a three-month low of 53.3 in May 2022

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