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USDINR

USDINR trading range for the day is 74.44-74.94

USDINR remained supported amid widening concerns about the Chinese property sector and firm U.S. Treasury yields

Latest weekly positioning data showed hedge funds have increased their dollar holdings against its rivals to its highest levels since November 2019.

India’s trade deficit widened to USD 22.94 billion in September of 2021, from USD 2.72 billion in the same period last year

EURINR

EURINR trading range for the day is 86.42-86.94.

Euro remained in range amid signs the European Central Bank will remain dovish for some time

Euro zone ministers expect inflation to slow in 2022

Eurozone inflation accelerated to the highest level in 13 years on surging energy prices in September, flash data from Eurostat showed.

GBPINR

GBPINR trading range for the day is 101.29-102.09.

GBP rose as traders turn their attention back to the prospect of interest rate rises in Britain.

The final reading of the IHS Markit/CIPS composite Purchasing Managers’ Index showed strong overall growth for companies in September.

UK's Sunak says he does not want more tax increases

JPYINR

JPYINR trading range for the day is 66.96-67.4

JPY remained supported as renewed concerns about China's property sector and looming U.S. labour data put investors in a cautious mood.

Japan's outgoing Finance Minister Aso said he urged BOJ to lower inflation target

Investors are concerned that a collapse at Evergrande could hurt an already fragile Chinese economy and drag on global growth

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