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USDINR

USDINR trading range for the day is 72.87-73.41.

USDINR recovered from lows to settle flat on fears of RBI's dollar-buying intervention at lower levels.

India 10 Year Government Bond Yield increased to a 46-week high of 6.263%

Treasury yields stabilized below their recent peaks and investors await the House to pass the $1.9 trillion stimulus bill

EURINR

EURINR trading range for the day is 86.74-87.26.

Euro remained in range as remarks from ECB policymakers suggested the bloc's monetary authority stands ready to provide more stimulus if needed.

ECB barely raised purchases last week even before redemptions

Coronavirus curbs hit euro zone fourth-quarter GDP more than estimated quarter-on-quarter

GBPINR

GBPINR trading range for the day is 101.11-101.93.

GBP remained supported after Bank of England governor Andrew Bailey reiterated that the central bank's decision to ask the banks to make preparations within the next six months

Bailey also said that his assessment of Britain’s economic outlook was "positive but with large doses of cautionary realism."

UK retail sales rebounded in February as Prime Minister's roadmap to reopening prompted a burst in spending on non-food items, the British Retail Consortium said.

JPYINR

JPYINR trading range for the day is 67.05-67.49.

JPY traded with negative node after Japan downgrades Q4 GDP as slowing capex growth hurts domestic demand

Japan's GDP growth rose 2.8% in the last fourth quarter, down from 5.3% in the third quarter.

The Japanese household spending fell 6.1% in January, compared to a 0.6% dip in December, while average income fell 0.8%.

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