01-01-1970 12:00 AM | Source: Kedia Advisory
USDINR trading range for the day is 73.89-74.47 - Kedia Advisory
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USDINR

USDINR trading range for the day is 73.89-74.47.

USDINR gained tracking subdued domestic equities and as investors digest fresh economic data including a wider trade deficit

India's Dec merchandise exports rise 38.91% y/y

India wholesale price inflation eases in December

 

EURINR

EURINR trading range for the day is 84.77-85.37.

Euro got support as Germany's economy grew by 2.7 percent in 2021, partially recovering from a 4.6 percent contraction in 2020

Euro zone inflation not as transitory as thought: ECB's de Guindos

Euro zone firms weathered COVID – 19 storm better than expected

 

GBPINR

GBPINR trading range for the day is 101.39-102.25.

GBP rose supported by expectations that the Bank of England will be raising interest rates as early as next month

UK economy expands at faster-than-expected pace

UK retailers face inflation hangover after blowout Christmas

 

JPYINR

JPYINR trading range for the day is 64.3-65.92.

JPY gained as investors trimmed long greenback positions and deemed that several US rate hikes this year were already fully priced in.

Japan PM sees no need to change FY2025 budget balancing target, for now

BOJ debates messaging on eventual rate hike as inflation perks up

 

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