JPYINR trading range for the day is 66.6-66.78. - Kedia Advisory
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USDINR
* USDINR trading range for the day is 73.03-73.37.
* USDINR remained in range as India August service activity grows at fastest pace since pandemic began
* USDINR remained steady as concerns about slowing global growth boosted its safe-haven appeal in a big week for central banks.
* Economic surprise indexes from the United States to China have slipped sharply in recent weeks
EURINR
* EURINR trading range for the day is 86.77-87.09.
* Euro steadied amid expectations the European Central Bank, which meets Thursday, is close to tapering its own stimulus programme.
* New orders for German manufactured goods increased 3.4% month-over-month in July, following an upwardly revised 4.6% rise in June
* Eurozone inflation rate surged to a 10-year high in August and a few ECB policymakers made hawkish comments this week.
GBPINR
* JPYINR trading range for the day is 66.6-66.78.
* JPY remained supported on hopes of an economic recovery.
* Prime Minister Yoshihide Suga offered to resign, raising hopes that the ruling coalition could win an upcoming election and avoid political turmoil.
* Japan services PMI tumbles in August - Jibun
JPYINR
* JPYINR trading range for the day is 66.6-66.78.
* JPY remained supported on hopes of an economic recovery.
* Prime Minister Yoshihide Suga offered to resign, raising hopes that the ruling coalition could win an upcoming election and avoid political turmoil.
* Japan services PMI tumbles in August - Jibun
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