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USDINR

USDINR trading range for the day is 74.58-75.06.

USDINR dropped with risk sentiment on the rise as economic data point to a global economic recovery ahead of Fed meeting

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

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 90.12-90.86.

Euro settled flat as some support seen after a better-than-expected Markit PMI survey showed the Eurozone private sector activity grew in April

The euro zone's recovery from its pandemic-induced economic downturn was much stronger than expected in April

Germany's PMI gave an upbeat outlook for Europe's largest economy with factories continuing to churn out goods at a near-record pace

GBPINR

GBPINR trading range for the day is 103.6-104.32.

GBP remained under pressure on profit boking and firmness in Rupee as investors digested a batch of data

UK retail sales surge before lockdown easing, borrowing leaps, too

Borrowing stood at 14.5% of economic output, the highest such ratio since 1946, after World War Two, when it was 15.2%.

JPYINRv

JPYINR trading range for the day is 69.15-69.67.

JPY dropped amid tougher measures against the novel coronavirus were introduced in Tokyo on Sunday under a third state of emergency

The au Jibun Bank Japan Manufacturing PMI posted the 3rd straight month of growth in factory activity and the fastest pace in 3 years.

The services PMI remained unchanged at 48.3, while consumer prices declined by 0.2% yoy in March, the 6th straight month of decrease but the least in the sequence.

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