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USDINR

USDINR trading range for the day is 73.6-74.56.

USDINR ended with losses on profit booking after prices rallied after Fed signaled it would hike interest rates sooner than expected.

However upside seen limited amid signs that India’s second wave of coronavirus infections is slowing and hopes of a solid economic recovery

India's May trade deficit widens to $6.28 billion – govt

EURINR

EURINR trading range for the day is 87.8-88.76.

Euro dropped amid firmness in Rupee and concerns over rising inflationary pressure as well as the possibility of early tightening of monetary policy.

ECB's Lane says early to discuss end of emergency bond buys

Euro zone banks borrowed 109.8 billion euros at the central bank's three-year auction

GBPINR

GBPINR trading range for the day is 102.31-103.67.

GBP dropped hurt by the U.S. Federal Reserve's hawkish surprise while data also showed an unexpected fall in Britain's retail sales.

The Fed surprised markets by signalling it would raise interest rates and end emergency bond-buying sooner than expected.

British retail sales fell 1.4% between April and May as a lifting of lockdown restrictions encouraged spending in restaurants rather than shops.

JPYINR

JPYINR trading range for the day is 66.82-67.74.

JPY remained supported as the Bank of Japan announced an extension of its pandemic-relief programme.

BOJ unveils plan to launch new scheme on climate change, keeps policy steady

The BOJ maintained its yield curve control targets set at -0.1% for short-term interest rates and around 0% for 10-year bond yields.

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