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01-01-1970 12:00 AM | Source: Kedia Advisory
JPYINR trading range for the day is 66.85-67.21 - Kedia Advisory
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USDINR

USDINR trading range for the day is 72.76-73.14.

USDINR gained ahead to key U.S. inflation figures for any warning signs that U.S. inflation could be gathering pace and putting pressure on Fed to taper policy.

RBI will transfer a surplus of Rs 99,122 crore to the government for the nine-month accounting period ended March 31

Wholesale prices in India jumped 10.49 percent year-on-year in April of 2021, the highest rate since May of 2010

 

EURINR

EURINR trading range for the day is 88.5-89.48.

Euro settled flat comments from ECB Lagarde that it is still too early for the bank to discuss winding down its 1.85 trillion euro emergency bond purchase scheme

However downside seen limited bolstered by rising optimism about economic reopenings in the region from coronavirus lockdowns.

Euro zone business growth accelerated at its fastest pace in over three years in May

 

GBPINR

GBPINR trading range for the day is 102.84-103.48.

GBP remained under pressure as concerns remain about the variant of the coronavirus first discovered in India.

After three national lockdowns, Britain has been able to reopen its economy according to the government's planned schedule so far.

BoE's Cunliffe says house price strength in a recession is striking

 

JPYINR

JPYINR trading range for the day is 66.85-67.21.

JPY traded in range as Japan's core consumer prices slipped 0.1% in April from a year earlier to mark the ninth straight month of declines

Japan’s factory activity expanded at a slower pace in May as growth in output and new orders eased

The au Jibun Bank Flash Japan Manufacturing PMI weakened to a seasonally adjusted 52.5 in May from a final 53.6 in April.

 

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