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USDINR

USDINR trading range for the day is 73.96-74.5.

USDINR ended with gains as investors turned to the greenback after the US Federal Reserve 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 87.88-88.52.

Euro settled flat as dollar held near multi-month peaks after the U.S. Federal Reserve surprised markets last week by signalling it would raise interest rates

European Central Bank policymakers meeting this weekend made “good progress” in reshaping the ECB’s strategic goals

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

GBPINR

GBPINR trading range for the day is 102.13-103.45.

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

BoE set to keep rates at record-low 0.1% in June 24 decision

Inflation exceeds 2% target, BoE sees pressure as "transient"

JPYINR

JPYINR trading range for the day is 67.04-67.96.

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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