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05-03-2021 09:55 AM | Source: Kedia Advisory
JPYINR trading range for the day is 68.14-68.56 - Kedia Advisory
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USDINR

 

USDINR trading range for the day is 74.14-74.61.

USDINR traded in range as the Federal Reserve stuck to its message of ultra-low interest rates for longer.

The RBI announced Rs 1 trillion of bond buying from the secondary market in the first quarter.

Domestic rating agency ICRA cut its 2021-22 growth estimate by 0.5 per cent on the upper end

 

EURINR

EURINR trading range for the day is 89.63-90.41.b

Euro seen under pressure as Germany's gross domestic product dropped 1.7 percent on quarter in the three months to March 2021

Italy's gross domestic product shrank 0.4 percent on quarter in the first three months of 2021

Euro zone sentiment surges in April ending COVID recession

 

GBPINR

GBPINR trading range for the day is 102.98-104.3.

GBP remained under pressure as investors are watching political developments in Britain

British employees returned to work and shoppers stepped up spending on clothes and furniture after lockdown restrictions eased

UK retailers reported the strongest growth in sales since September 2018

 

JPYINR

JPYINR trading range for the day is 68.14-68.56.

JPY settled flat as better-than-expected weekly US jobless claims numbers and upbeat GDP figures reinforced prospects of an accelerating economic recovery

Japan housing starts rise for 1st time in 21 months

The au Jibun Bank Japan Manufacturing PMI rose to 53.6 in April 2021, the third straight month of growth and the strongest pace since April 2018

 

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