Powered by: Motilal Oswal
22/12/2022 9:25:26 AM | Source: Kedia Advisory
JPYINR trading range for the day is 62.4-63.18 - Kedia Advisory
News By Tags | #2767 #5839
JPYINR trading range for the day is 62.4-63.18 - Kedia Advisory

USDINR

USDINR trading range for the day is 82.63-82.95.

Rupee settled flat amid thin trading volumes, while forward premiums held near the highest level in a month

Fitch affirms India at BBB-, outlook stable

RBI warns on risks to global growth in 2023

 

EURINR

EURINR trading range for the day is 87.6-88.26.

Euro remained in range as investors continued to assess the outlook for inflation, interest rates and growth.

Germany consumer morale maintains upward trajectory

Euro area consumer sentiment recovers

 

GBPINR

GBPINR trading range for the day is 99.8-101.06.

GBP dropped as British public borrowing hit a November record, underscoring the challenges for the UK economy.

British borrowing rose to its highest for any November since records began, reflecting higher costs for energy subsidies, data showed

UK Manufacturing PMI declined to 44.7 in December 2022, from 46.5 in November

 

JPYINR

JPYINR trading range for the day is 62.4-63.18.

JPY steadied as traders digest BOJ surprise policy tweak

Japan warns of China's COVID situation, cuts view on factory output

BOJ decided to let long-term yields move 50 basis points either side of its 0% target, wider than the 25 basis point band previously

 

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here