[ad_1]
# trading range for the day is 73.89-74.79.
# USDINR dropped amid heavy inflows of US dollars into upcoming IPOs of domestic companies and faster growth in manufacturing and services sectors.
# Fed announced a reduction in its emergency pandemic support in line with expectations and did not change the outlook for an interest rate hike.
# India’s Oct services growth strongest in over a decade, input costs surge
# trading range for the day is 85.66-86.3.
# Euro remained under pressure due to firmness in rupee and as investors rushed for the dollar following a better-than-expected US jobs report
# High euro zone inflation temporary, ECB’s Lane says
# ECB “very unlikely” to raise rates in 2022, Lagarde says
# trading range for the day is 99.41-101.49.
# GBP remained under pressure after BOE surprised the market by leaving policy unchanged and a stronger-than-expected US jobs report.
# Bank of England defies markets, keeps rates on hold
# The Bank of England said it would introduce new rules for its 20 billion-pound ($26.9 billion) corporate bond-buying scheme this month
# trading range for the day is 65.29-65.77.
# JPY remained under pressure amid a quick unwinding of tightening bets as central banks snipped market expectations of earlier rate hikes
# BOJ policymakers stress need to keep easy policy on weak inflation
# Japan is considering a 35 trillion yen economic stimulus package – Sankei
[ad_2]
Source link
