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USDINR

USDINR trading range for the day is 74.94-75.4.

USDINR remained in range amid rising expectations for earlier interest rate hikes after the latest US inflation data rose faster than expected.

Solid demand lifted India Oct factory growth to eight-month high

India showed more signs of a recovery taking hold last month as its consumption-driving festive season kicked off

EURINR

EURINR trading range for the day is 86.82-87.16.

Euro dropped as Germany's retail sales declined unexpectedly in September, provisional data from Destatis revealed.

All eyes turned to the US Federal Reserve's policy statement due Wednesday following the European Central Bank's dovish stance last week.

Eurozone inflation expectations were revised upward for all horizons due to higher energy prices and the impact of supply chain tensions

GBPINR

GBPINR trading range for the day is 102.11-103.45.

GBP dropped as growth worries complicate BoE rate decision

UK factories see output growth slow, prices rocket - PMI

With economic growth under pressure post-Brexit, Britain’s bond yield curve has flattened more than euro zone or U.S. peers

JPYINR

JPYINR trading range for the day is 65.59-66.17.

JPY dropped as Japanese Prime Minister Party held its strong majority in Sunday's parliamentary election in a surprise move.

This reduces the political uncertainty in the country and allows Kishida to press forward with ramping up stimulus.Japan's Oct factory activity growth picks up - PMI

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