IGI Logo

USDINR

USDINR trading range for the day is 82.18-82.69.

USDINR rose after a raft of US Federal Reserve officials indicated their commitment to bringing down inflation with more rate hikes

The nonfarm payrolls report showed that the US economy added 263,000 jobs in September

India's RBI sells dollars as rupee hits record low on U.S. rate hike fears

EURINR

EURINR trading range for the day is 80.53-81.25.

Euro weakened as investors doubt the ECB will be able to combat inflation while protecting an economy at increasing risk of recession.

Germany industrial output falls for 2nd month

German import inflation highest since 1974

GBPINR

GBPINR trading range for the day is 91.43-93.03.

GBP remained under pressure as Fitch Ratings lowered the UK's sovereign credit rating outlook to negativeBoE's Haskel says MPC has resolve to tame inflation in medium term

BoE's Haskel says MPC has resolve to tame inflation in medium term

The S&P Global/CIPS UK Services PMI was revised higher to 50 in September of 2022 from a preliminary of 49.2

JPYINR

JPYINR trading range for the day is 56.73-57.27.

JPY steadied as household spending in Japan rose by 5.1% in real terms from the prior year in August 2022

Japan PM Kishida warns against sharp, one – sided yen falls

Japan foreign reserves drop after intervention

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer