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USDINR

USDINR trading range for the day is 74.07-74.57.

USDINR dropped after Fed Powell reaffirmed tighter monetary policy was still some way off after a hawkish turn by the Fed last week caught markets off guard.

Moody's cuts India growth forecast for 2021 to 9.6% from 13.9% earlier

Indian economy contracted by 7.3 per cent in fiscal 2020-as against a 4 per cent growth in 2019-20.

EURINR

EURINR trading range for the day is 88.38-89.

Euro remained supported amid hopes of a solid economic recovery in Europe

ECB Lagarde told the European Parliament that brighter prospects for global demand and a faster-than-anticipated increase in consumer spending

EU Commission approves Germany's 25.6 bln euro recovery plan

GBPINR

GBPINR trading range for the day is 103.28-104.06.

GBP gains as investors braced for BOE’s monetary policy meeting later this week at which officials are set to leave interest rates at record-low levels

The UK government is set to announce Thursday looser travel restrictions for people who have been fully vaccinated.

The UK budget deficit narrowed more-than-expected in May from the last year

JPYINR

JPYINR trading range for the day is 66.67-67.41.

JPY dropped amid weaker than expected data, while BoJ minutes from its April meeting showed that policymakers agreed that the massive stimulus measures.

Japan's June factory activity expands at slowest pace in 4 months

The au Jibun Bank Japan Services PMI rose to 47.2 in June 2021 from a final 46.5 in the prior month

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