# USDINR trading range for the day is 83.41-83.65.
# Rupee ended flat as dollar demand from local oil companies pulled the currency off a near three-month high.
# Dollar-rupee forward premiums rose, with the 1-year implied yield touching a 17-month peak of 2.38%.
# India's Manufacturing PMI declined to 56.7 in September from 57.5 in the previous month, preliminary estimates showed.
# EURINR trading range for the day is 92.35-93.65.
# Euro dropped after flash PMIs for Europe came worse-than-expected.
# PMIs for both France and Germany disappointed, pointing to a bigger-than-anticipated fall in manufacturing.
# The S&P Global (NYSE:SPGI) France Manufacturing PMI increased slightly to 44 in September 2024 from a seven-month low of 43.9 in the previous month.
# GBPINR trading range for the day is 110.49-111.55.
# GBP dropped as the preliminary UK S&P Global PMI came in lower than expected.
# Traders expect the BoE to deliver one more interest rate cut this year.
# The US Dollar bounces back on dismal market mood.
# JPYINR trading range for the day is 57.69-58.61.
# JPY steadied amid concerns that the Bank of Japan is not in a hurry to raise interest rates
# Governor Ueda acknowledged “some weakness” in the economy, a slightly more dovish tone than previous pronouncements.
# Japan's core machinery orders, fell by 0.1% month-on-month to 874.9 billion yen in July 2024.