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USDINR

USDINR trading range for the day is 74.06-74.82.v

USDINR remained in range as investors also weighed growing calls to curb economic activity to check a surge in COVID-19 infections.

India April trade deficit at $15.24 bln -trade ministry

S&P Global Ratings said the second wave of COVID infections poses downside risks to India's GDP and heightens the possibility of business disruptions.

EURINR

EURINR trading range for the day is 89.42-89.96.

Euro dropped as the dollar clung to a recent bounce with central bank meetings and big-ticket U.S. economic data

ECB Bundesbank's Weidmann: Money supply increases won't spur sustained high inflation.

ECB Bundesbank's Weidmann: Huge stimulus might make the ECB's price stability goals more difficult to achieve.

GBPINR

GBPINR trading range for the day is 102.8-103.44.v

GBP dropped with traders holding off major bets before the Bank of England's policy meeting.

Britain's government borrowed 303.1 billion pounds ($420.1 billion) in the financial year which ended last month

UK house prices increased at the fastest pace since 2004 after the extension of the stamp duty holiday

JPYINR

JPYINR trading range for the day is 67.72-68.28.

JPY dropped driven lower by a dovish outlook by the Bank of Japan, while worries over rising COVID-19 cases also sapped sentimentv

The au Jibun Bank Japan Manufacturing PMI rose to 53.6 in April, the 3rd straight month of growth and the strongest since April 2018

While the consumer confidence index decreased by 1.4 points from the previous month to 34.7.

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