USDINR trading range for the day is 73.01-73.49 - Kedia Advisory
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USDINR
USDINR trading range for the day is 73.01-73.49
USDINR gained with investors focused on a key U.S. jobs report due on Friday for clues on when the Federal Reserve might begin paring stimulus
India’s manufacturing sector activities moderate in August constrained by COVID-19, surging costs: PMI
Fiscal deficit at 21 per cent as tax mop-up rises, spending dips
EURINR
EURINR trading range for the day is 86.16-86.96
Euro recovered from lows as a higher-than-expected inflation reading pumped up bond yields
ECB to raise growth forecast next week: de Guindos
Data showed euro zone inflation increased to 3% year-on-year in August, the highest in a decade, above the European Central Bank's 2% target
GBPINR
GBPINR trading range for the day is 100.27-101.23
GBP steadied amid prospects of a continued economic recovery even as several central banks prepare to reduce their massive stimulus programs.
BOE signaled in August "some modest tightening" of monetary policy over its forecast period was likely to be necessary if the economy continues to improve.
Bank of England Governor Andrew Bailey highlighted the central bank's work to ensure financial institutions took account of global warming risks
JPYINR
JPYINR trading range for the day is 66.25-66.67.
JPY dropped as investors bet Prime Minister Yoshihide Suga’s manoeuvring might help restore political stability.
BOJ's deputy governor warns against premature monetary tightening
Japan's capex rises for first time since COVID-19 outbreak
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory
![Euro remained under pressure on Thursday amid weaker set of economic numbers from Euro zone - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/c49d5573f54fd1fe07309fbce5369a52.jpg)
![USDINR is trading near all time low and we might see some RBI intervention but as long as 82.80 - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0732326f21b0692a41afc4432d1a7a56.jpg)
![GBPINR broke down below its 100 DMA yesterday and closed with a big bearish candle around 103.82 - Swastika Investmart](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/842b8e5254d53919452a82c7f06190bd.jpg)