01-06-2022 09:51 AM | Source: Kedia Advisory
USDINR trading range for the day is 74.3-74.94. - Kedia Advisory
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USDINR

USDINR trading range for the day is 74.3-74.94.

USDINR dropped as traders awaited the release of Fed’s December meeting minutes, with growing expectations of a rate hike as early as March

India’s business activity slips to three-month low at 55.5 in Dec

India’s unemployment rate hits 4-month high of 7.9% in December amid Covid surge

EURINR

EURINR trading range for the day is 84.16-84.7.

Euro dropped as concerns over Europe's slowing economic growth on the back of surging prices and rising COVID cases mounted

German jobless rate inches down to 2-year low

Retail sales in Germany unexpectedly increased 0.6% mom in November of 2021, following an upwardly revised 0.5% rise in October

GBPINR

GBPINR trading range for the day is 100.62-101.34.

GBP steadied as the UK government avoided imposing further coronavirus restrictions at the end of the year

The UK manufacturing sector upturn continued in December, with further growth of production, new orders and employment

UK mortgage approvals declined to the lowest level in more than a year in November

JPYINR

JPYINR trading range for the day is 64.21-64.71.

JPY dropped as investors bet that the fast-spreading Omicron coronavirus variant would have limited economic impact

The consumer confidence index in Japan inched down to 39.1 in December of 2021 from 39.2 in November

Japan's manufacturing sector grew at a slightly slower pace in December, survey results from IHS Markit showed

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