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01-01-1970 12:00 AM | Source: Kedia Advisory
JPYINR trading range for the day is 66.86-67.42 - Kedia Advisory
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USDINR

USDINR trading range for the day is 72.63-73.27.

USDINR dropped as traders' concerns about taper talk in Federal Reserve minutes faded

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 88.75-89.65.

Euro dropped as firmness in rupee weighed after prices seen supported helped by the prospect of a solid economic recovery in 2021.

ECB's Lane says have a lot of work to do to raise inflation

Still, ECB officials continued to signal the surge in inflation is temporary and consumer prices should fall sharply next year.

 

GBPINR

GBPINR trading range for the day is 103.34-103.88.

GBP remained supported after better-than-expected retail sales data kept investors upbeat about the prospects for the economic recovery.

British retail sales surged in April, with sales volumes jumping by 9.2% month-on-month

The flash PMI survey suggested the UK private sector economy expanded in May by the most on record

 

JPYINR

JPYINR trading range for the day is 66.86-67.42.

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

Activity in the service sector contracted at the fastest pace in nine months, pulling the private sector as a whole into contraction

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

 

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