JPYINR trading range for the day is 67.68-68 - Kedia Advisory
USDINR
USDINR trading range for the day is 73.75-74.37.
USDINR dropped after Federal Reserve speakers downplayed the risks of higher inflation ahead of the US monthly jobs report.
Reserve Bank of India announced support measures to help the economy during the ferocious second wave of coronavirus infections
India's service sector activity expanded at a softer pace in April, survey results from IHS Markit showed.
EURINR
EURINR trading range for the day is 88.84-89.44.
Euro dropped as euro zone government bond yields edged lower as comments from central banks' officials eased concerns about a possible tapering.
New orders for German manufactured goods jumped 3.0 percent month-over-month in March 2021
The euro area private sector economy expanded further in April driven by gains in both manufacturing and service sectors
GBPINR
GBPINR trading range for the day is 102.21-103.57.
GBP dropped as BOE kept its benchmark interest rate and its bond-buying programme unchanged during its May 2021 meeting.
The central bank also said it does not intend to tighten monetary policy at least until there is clear evidence that significant progress is being made
The UK service sector grew at the fastest pace since October 2013, driven by sharp increases in business and consumer spendingv
JPYINR
JPYINR trading range for the day is 67.68-68.
JPY seen pressure due to firmness in Rupee and investors marked moderately successful results of the Bank of Japan’s bond-buying operation.
Japan's vaccine drive may spur economic boost from 'forced savings' – BOJ
BOJ board agreed to focus on keeping yields low – March meeting minutes
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
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The EUR/INR futures pair has support at 90.40 levels whereas resistance is placed at 90.80 l...