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02-05-2021 10:01 AM | Source: IANS
JPYINR trading range for the day is 69.38-69.7 - Kedia Advisory
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USDINR

USDINR trading range for the day is 72.97-73.25.

USDINR traded in range as pessimism about the U.S. economic outlook receded before the release of important data on the jobs market.

India's April-December fiscal deficit tops 145% of full year target

India's forex reserves rise to $585.33 bln– central bank

 

EURINR

EURINR trading range for the day is 87.46-88.12.

Euro dropped as investors looked to a widening disparity between the strength of the U.S. and European pandemic recoveries

Eurozone consumer prices increased for the first time in six months in January largely due to temporary factors

The euro area private sector contracted further in January amid the Covid-19 pandemic as the decline in services was only partially offset by the growth in manufacturing sector

 

GBPINR

GBPINR trading range for the day is 99.01-99.89.

GBP dropped as UK had a difficult period as the number of coronavirus cases continued to rise.

The government decided to impose another seven-week lockdown that affected most of the services sector.

The UK service sector contracted at the fastest pace in eight months in January due to the impact of restrictions related to the Covid-19 pandemic

 

JPYINR

JPYINR trading range for the day is 69.38-69.7.

JPY dropped amid hopes over the US economic recovery from the coronavirus pandemic.

BOJ wants to make policy sustainable and nimble - Wakatabe

Warns it will take 'considerable' time to hit 2% inflation

 


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