JPYINR trading range for the day is 66.5-66.96 - Kedia Advisory
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USDINR
USDINR trading range for the day is 75.55-76.11.
USDINR gained amid lingering threats from the Omicron variant, with some nations introducing renewed restrictions as global infection cases rise.
India's fuel demand eases in November after festival boost
RBI left interest rates steady and decided to continue with its accommodative stance while ensuring that inflation remains within its target.
EURINR
EURINR trading range for the day is 85.24-85.92.
Euro dropped as worries about the new coronavirus variant weighed on sentiment, while investors focus shifted to next week’s central bank policy meetings.
The European Central Bank should not change the sequence of its future policy moves, even if that risks pushing up government borrowing costs
Germany's consumer price inflation crossed 5 percent in November, largely driven by a low base effect and higher energy and food prices
GBPINR
GBPINR trading range for the day is 99.83-100.59.
GBP remained supported after Bank of England Deputy Governor Ben Broadbent warned Britain's tight labour market will add pressure on inflation
The UK's pandemic curbs and weak economic data dampened expectations that the Bank of England would raise interest rates soon.
Britain's economy grew by a weaker-than-expected 0.1% in October, leaving it 0.5% smaller than in February 2020
JPYINR
JPYINR trading range for the day is 66.5-66.96.
JPY settled flat as a safe haven amid renewed concerns around the Omicron’s economic impact dented risk appetite and a busy central bank.
Japan's wholesale prices spiked 9.0% in November from a year earlier, data showed
A measure of the public assessment of the Japanese economy increased in November
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)