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USDINR

USDINR trading range for the day is 73.46-74.08.

USDINR dropped as there are signs that the world is emerging from shadow of coronavirus, after RBI Governor says

RBI Governor says the time is right to plan for an economy that is stronger, more inclusive and sustainable

India may seek a ratings upgrade from Moody’s amid recovery hopes

EURINR

EURINR trading range for the day is 85.98-87.22

.Euro dropped as the IHS Markit Germany Manufacturing PMI fell to 58.5 in September of 2021 from 62.6 in August

French Manufacturing PMI dropped to 55.2 in September of 2021, 8-month low

S&P Global lifts euro zone growth, inflation forecasts

GBPINR 

GBPINR trading Ideas for the Day GBPINR trading range for the day is 100.41-101.39.

GBP recovered after Bank of England keeps interest rate unchanged at 0.1%

BoE raised its target for government bond purchases by 150 billion pounds in November 2020

The UK private sector grew at the slowest pace in seven months in September

JPYINR

JPYINR trading range for the day is 66.77-67.51

JPY dropped after the Federal Reserve said it would reduce its monthly bond purchases "soon"

BOJ held its key short-term interest rate at -0.1% while maintaining the target for the 10-year Japanese government bond yield at around 0%.

BoJ reiterated it will not hesitate to take more easing measures if necessary while expecting short-and-long-term policy rates to remain at their present or lower levels.

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