JPYINR trading range for the day is 66.62-66.98 - Kedia Advisory
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USDINR
USDINR trading range for the day is 72.94-73.26.
USDINR traded in range supported by signs that India's second wave of coronavirus infections is slowing, hopes of a solid economic recovery
Revival of private demand key for Indian economic recovery, says RBI
The central bank said the country's growth prospects now essentially depend on how fast India can arrest its second wave of COVID-19 infections.
EURINR
EURINR trading range for the day is 88.84-89.3.
Euro steadied following the release of mixed economic data and as investors awaited a European Central Bank meeting
The euro zone economy contracted by much less than expected in the first quarter of the year, revised data from the EU's statistics office showed
Chancellor Angela Merkel warned Monday that the global shortage of semiconductors, which could last until at least mid-2022
GBPINR
GBPINR trading range for the day is 103.2-103.88.
GBP remained supported propelled by bets on a faster reopening of Britain's economy on the back of its vaccination programme.
UK Health Secretary Matt Hancock said that it was too early to say whether the easing of restrictions could go ahead as planned.
Speculators overall positioning on sterling remains net long, which means that the market is on balance betting for it to make gains.
JPYINR
JPYINR trading range for the day is 66.62-66.98.
JPY remained in range as Japan’s economy shrank at a slower-than-initially reported pace in the first quarter
Japan's gross domestic product shrank an annualized 3.9 percent on year in the first quarter of 2021.
Data showed growth in bank lending slowed sharply in May, while real wages posted the biggest monthly jump in more than a decade in April
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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)
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EURINR trading range for the day is 82.53-83.53 - Kedia Advisory
![The rupee may depreciate today on strong dollar and risk aversion in global markets - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/08/3daaa700e6162f4cace7f2c117f1f7f9.png)
![The pair is likely to trade with negative bias and any pullback near immediate resistance of 88.20 level - Monarch Networth Capital](https://portfolio.investmentguruindia.com/uploads/news/0d8cea5e9e4ce9a02d6ca0c596c38265.jpg)
![EURINR is trading below 20 and 50 day moving average, Sharp fall seen so sell on rise near 89.60 for tgt of 89.20 and stoploss of 89.90 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/d7abcc02ae1fd8ae97db3b88fe03e9c6.jpg)