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USDINR

Observations

USDINR trading range for the day is 83.18-83.4.

Rupee closed marginally higher aided by a pullback in U.S. Treasury yields but dollar demand from importers, curbed gains.

India's manufacturing growth slows for 2nd straight month

India jobless rate rises to more than two-year high, CMIE say

SELL USDINR NOV @ 83.4 SL 83.55 TGT 83.25-83.15.

EURINR

Observations

EURINR trading range for the day is 88.14-88.96.

Euro gains as traders assess the global economic and monetary policy outlook.

ECB also left interest rates unchanged for the first time in more than a year in October, matching forecasts

Bank lending across the euro zone came to a near standstill in September, data from the European Central Bank showed.

SELL EURINR NOV @ 88.7 SL 88.9 TGT 88.5-88.3.

GBPINR

Observations

GBPINR trading range for the day is 101.09-101.91.

GBP gained ahead of an interest rate decision from BOE and as dollar fell after the Fed held borrowing costs steady.

BOE maintained its benchmark interest rate at a 15-year high of 5.25%, as policymakers evaluate recent signs of an economic slowdown

UK aims to improve labour market data in November and December

SELL GBPINR NOV @ 101.8 SL 102 TGT 101.5-101.3.

JPYINR

Observations

JPYINR trading range for the day is 55.51-55.79. USDINR DEC-NOV 0.0800 SELL JPYINR NOV @ 55.7 SL 55.9 TGT 55.5-55.3.

JPY gains amid a general dollar weakness, as Fed held interest rates steady for the second time

The central bank re-defined 1% as a loose "upper bound" rather than a rigid cap

Japan’s Kishida said the government will spend over 17 trillion yen in a package of measures to cushion the economic blow from rising inflation

SELL JPYINR NOV @ 55.7 SL 55.9 TGT 55.5-55.3.