USDINR trading range for the day is 74.33-74.74 - Kedia Advisory
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USDINR
USDINR trading range for the day is 74.33-74.74.
USDINR remained in range after surprisingly strong U.S. inflation print shocked markets
The central bank announced opening of the USD 1.1 trillion sovereign bond market to retail investors
GST collection surge in October shows economy on recovery path
EURINR
EURINR trading range for the day is 85.09-85.65.
Euro dropped as investors raised bets on earlier increases in borrowing costs following a hotter-than-expected US inflation report.
Euro zone inflation to fall back below target in 2023: ECB's Simkus
Euro zone industry output stronger than expected in Sept
GBPINR
GBPINR trading range for the day is 99.31-100.33.
GBP remained under pressure amid worries that disagreements between Britain and the EU could trigger major trade disruption.
Britain wanted to de-escalate tensions with the European Union and renew efforts to find a solution over a Northern Ireland trade dispute.
Britain was ready to step back, after threatening to invoke emergency unilateral provisions, and find an agreement with the EU.
JPYINR
JPYINR trading range for the day is 65.09-65.65.
JPY remained under pressure as Japan’s exports growth likely slowed in October
Japan Oct exports seen snapping double-digit growth as car shipments falter
Japan’s core consumer prices likely rose 0.1% in October from a year earlier
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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)