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USDINR

USDINR trading range for the day is 77.88-78.5.

USDINR rose as investors gear up for an aggressive move from the Federal Reserve to tame surging inflation.

The Federal Reserve hiked the fed funds rate by 75bps, the most since 1994.

India's May trade deficit widens to $24.29 billion

EURINR

EURINR trading range for the day is 81.38-82.56.

Euro rose on expectations the ECB will address concerns over financial fragmentation

The ZEW Indicator of Economic Sentiment for the Euro Area increased by 1.5 points from the prior month to -28 in June of 2022.

The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter

GBPINR

GBPINR trading range for the day is 93.3-95.7.

GBP dropped after data showed high inflation in the UK continues to squeeze consumers' living standards, with real pay in April sinking at a record pace

The jobless rate in Britain rose for the first time since late 2020 in the three months to April.

Britain's economy unexpectedly shrank in April, adding to fears of a sharp slowdown.

JPYINR

JPYINR trading range for the day is 57.76-58.64.

JPY gains after Japanese authorities warned of the negative effects from sharp falls in the currency

Japan govt hopes BOJ takes 'necessary' action on yen, inflation

Japan machinery orders unexpectedly jump 10.8%

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