01-01-1970 12:00 AM | Source: Kedia Advisory
JPYINR trading range for the day is 69.09-70.05 - Kedia Advisory
News By Tags | #2767 #5839

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USDINR

USDINR trading range for the day is 74.55-75.73.

USDINR ended with flat node as fading gains in U.S. Treasury yields reduced its interest rate advantage.

Investors tried to focus on the prospect of a global economic recovery, even as concerns over a deepening COVID-19 crisis in India mounted.

Icra cuts its FY22 GDP estimate by 0.5%, sees economy expanding by 10.5%

 

EURINR

EURINR trading range for the day is 89.83-91.13.

Euro settled flat amid optimism about a strong economic recovery was supported by signs of an acceleration in the vaccination pace in Europe.

ECB survey shows Eurozone banks expect credit standards to tighten in Q2

The European Union secured an additional 100 million doses of BioNTech/Pfizer COVID-19 vaccine

 

GBPINR

GBPINR trading range for the day is 103.62-105.52.

GBP dropped on profit booking as investors weighed up the outlook for an economic recovery from COVID-19 in the UK.

British house prices rose at the fastest annual rate in more than six years in February

BoE might need stronger tools on tech for rise of fintech – Ramsden

 

JPYINR

JPYINR trading range for the day is 69.09-70.05.

JPY remained supported as safe haven amid mounting fears over possible coronavirus-related lockdowns in Japan’s biggest cities.

BOJ is set to predict for the first time that inflation will remain well short of its 2% target beyond Governor Kuroda's term through early 2023

The Japanese government plans to impose a fresh coronavirus state of emergency in Tokyo as infections continue to surge

 

 

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