USDINR trading range for the day is 82.09-82.69 - Kedia Advisory
USDINR
USDINR trading range for the day is 82.09-82.69
Rupee reversed course to fall as risk sentiment worsened onworries over the health of the financial sector in the UnitedStates and Europe.Fed Chair Jerome Powell said that officials don’t see rate cutsthis year and are prepared to prolong their tightening cycle ifneeded.
US Treasury Secretary Yellen said authorities are prepared forfurther steps to protect deposits if needed
EURINR
EURINR trading range for the day is 87.91-89.45
Euro dropped as euro zone consumer confidence fell by 0.1points in March from the February number
ECB could hike rates again in May to tame stubborn inflation
ECB President Lagarde said that inflation remains far too highand that a robust strategy going forward is essential.
GBPINR
GBPINR trading range for the day is 100.21-101.27
GBP dropped amid lingering concerns about the global bankingcrisis and investors continued to grapple with tighteningmonetary conditions and
UK consumer sentiment improves to 1-year high
British consumer price inflation (CPI) rose to 10.4% in Februaryfrom January's 10.1%
JPYINR
JPYINR trading range for the day is 62.74-63.88
JPY rose as Japan services growth at over 9-year high
Japan inflation rate eases from 41-year high
Japan manufacturing shrinks at softer pace
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EURINR trading range for the day is 89.13 - 89.49. - Kedia Advisory