Sell GBPINR JAN @ 123 SL 123.3 TGT 122.7-122.5 - Kedia Advisory
USDINR
SELL USDINR JAN @ 91.7 SL 91.9 TGT 91.5-91.3.
Observations
USDINR trading range for the day is 90.76-92.28.
Rupee fell toward 91.65, hitting an all-time low amid persistent foreign capital outflows and heightened geopolitical uncertainty.
Foreign investors have withdrawn $2.7 billion from Indian equities so far this month, adding to last year’s roughly $19 billion of net outflows.
The Reserve Bank of India has intervened through dollar sales to curb the pace of depreciation.
EURINR
SELL EURINR JAN @ 107.4 SL 107.7 TGT 107.1-106.8.
Observations
EURINR trading range for the day is 104.76-111.26.
Euro gains as investors cheered stronger-than-expected German economic data while geopolitical tensions continued to weigh on dollar.
Germany’s ZEW Economic Sentiment Index jumped to 59.6 in January, its highest since July 2021.
The dollar weakened following renewed tariff threats from US President Donald Trump, who warned of 10% tariffs on several European countries
GBPINR
SELL GBPINR JAN @ 123 SL 123.3 TGT 122.7-122.5.
Observations
GBPINR trading range for the day is 121.92-123.9.
GBP gains as dollar remained under pressure amid heightened tensions between the US and Europe.
UK consumer price inflation rose to 3.4% in December 2025, up from November’s eight-month low of 3.2%.
Factory gate prices for UK-manufactured goods rose 3.4% year-on-year in December 2025, unchanged from the previous month.
JPYINR
SELL JPYINR JAN @ 57.9 SL 58.1 TGT 57.7-57.5.
Observations
JPYINR trading range for the day is 57.49-58.07.
JPY droped after PM Takaichi’s proposal to cut the 8% sales tax on food raised concerns about the fiscal outlook.
Takaichi announced she will dissolve parliament on Friday and call a snap general election on Feb. 8 to secure support for her spending plans and broader policies.
Japan logged its highest-ever December tourist arrivals at 3.6 million in 2025, pushing total arrivals for the year to a historic 42.7 million
