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USDINR

Observations

USDINR trading range for the day is 82.03-82.39

Rupee snapped a three-day losing streak with upcoming U.S.data releases and Federal Reserve commentary awaited.

Fed’s Williams said inflation was still at problematic levels andthe U.S. central bank would act to lower it

Fed report showed economic activity was little changed inrecent weeks as employment growth moderated somewhat

EURINR 

Observations

EURINR trading range for the day is 89.92-90.26

Euro gains as investors continued to assess the outlook for theglobal economy and monetary policy.

German producer prices slowed more than expected in March.

The manufacturing climate indicator in France fell for a secondmonth to 101 in April.

GBPINR 

Observations

GBPINR trading range for the day is 101.99-102.39

GBP seen supportedamid stronger-than-expected inflation andwage data.

The CPI report showed consumer prices rose by an annual 10.1%in March, slightly down from February's 10.4%

Bank of England's Tenreyro says patience needed to lowerinflation

JPYINR 

Observations

JPYINR trading range for the day is 60.94-61.3

JPY remained in range amid heightened global economicuncertainties and the prospect of further interest rate rises.

Japan's trade deficit increased to JPY 754.7 billion in March 2023from JPY 464.9 billion in the same month a year earlier

Exports from Japan rose by 4.3% yoy in March 2023, abovemarket forecasts of 2.6% and after a 6.5% growth in January

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