IGI Logo

USDINR

* USDINR trading range for the day is 82.66-83.1

* Rupee advanced as hopes that the U.S. Federal Reserve could slow down the pace of its rate hikes buoyed risk appetite and hurt the dollar.

* India Manufacturing PMI increased to 55.3 in October 2022 from 55.1 in September

* India unemployment rate rose in October post-harvest season

EURINR

EURINR trading range for the day is 82.04-82.7

Euro steadied as investors digested a batch of macroeconomic data and its potential impact on the European Central Bank’s guidance.

Euro zone inflation soars past forecasts to new record high

Import prices in Germany increased by 29.8% year-on-year in September of 2022

GBPINR

GBPINR trading range for the day is 95.13-95.97

GBP remained under pressure as UK manufacturing shrinks at fastest rate since mid – 2020

The final S&P Global UK Manufacturing Purchasing Managers' Index (PMI) for October fell to 46.2 from 48.4 in September

Britain's economy is on the cusp of recession as households and businesses wrestle with rising energy costs.

JPYINR

JPYINR trading range for the day is 55.35-57.85.

JPY rose as the central bank must maintain ultra-loose monetary policy to support an economy

Japan's stealth yen intervention aims for maximum impact - finance minister

The au Jibun Bank Japan Manufacturing PMI was at 50.7 in October of 2022, after a final 50.8 in September

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