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12-08-2021 11:19 AM | Source: Kedia Advisory
USDINR trading range for the day is 75.31-75.77 - Kedia Advisory
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USDINR

USDINR trading range for the day is 75.31-75.77.

USDINR remained in range after easing concerns about the Omicron coronavirus variant

Investor sentiment rebounds as Omicron fears recede

Omicron seen slowing India’s policy normalisation path

 

EURINR

EURINR trading range for the day is 83.84-87.74.

Euro dropped as investors awaited more details on the new Omicron coronavirus variant

ECB'S Holzmann: Inflation in the Eurozone will be very unlikely to fall below 2% in 2022

Fitch Ratings lifted Italy's sovereign credit rating by one notch to BBB, citing confidence in the economic outlook

 

GBPINR

GBPINR trading range for the day is 99.97-100.59.

GBP remained in range after BOE’s Broadbent warned Britain's tight labour market will add pressure on inflation.

BoE's Broadbent sees inflation above 5%, price pressure from jobs market

BoE policymaker Michael Saunders, said he wanted more information about the impact of Omicron before deciding how to vote this month

 

JPYINR

JPYINR trading range for the day is 66.27-66.75.

JPY dropped as dollar seen supported hanging on to a jump made with U.S. yields

Japan's household spending posted an annual drop for the third straight month in October

Japan government considering lifting FY22 economic growth forecast

 

 

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