IGI Logo

USDINR

USDINR trading range for the day is 77.6-77.96.

USDINR dropped as India's factory activity expanded at a better-than-expected pace last month as overall demand remained resilient

India's GDP growth in FY22 improves to 8.7%

India’s economy grew 4.1% on year in the quarter ending March 2022, the least in a year as virus curbs dragged activity

EURINR

EURINR trading range for the day is 83.2-83.72.

Euro remained in range as Euro zone factories struggled in May as consumers switched to leisure activities

German retail sales drop more than expected in April

The annual inflation rate in the Euro Area surged to a fresh record high of 8.1% in May

GBPINR

GBPINR trading range for the day is 97.56-98.22.

GBP dropped with investors concerned about a deteriorating growth outlook but ruling out a further significant pound decline.

British manufacturing activity expanded in May at the weakest rate since January 2021.

Data raised new questions about the strength of Britain's economy, where inflation at a 40-year high has driven consumer confidence to record-low levels.

JPYINR

JPYINR trading range for the day is 59.7-60.88.

JPY dropped as the dollar rose to a two-week high lifted by higher Treasury yields as global inflation worries flared anew.

The consumer confidence index in Japan increased to 34.1 in May of 2022 from 33.0 in the previous month.

Japan manufacturing growth eases to 3-month low

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer