USDINR Dropped as Global India Services PMI Increased to 57.9 in April 2022

#             USDINR trading range for the day is 75.36-77.1.
#             USDINR dropped as the global India services PMI increased to 57.9 in April 2022 from 53.6 in March.
#             The S&P Global (NYSE:SPGI) India Composite PMI jumped to a five-month high of 57.6 in April 2022 from 54.3 a month earlier
#             Federal Reserve raised interest rates by a widely expected half-percentage point but nixed expectations for even larger rate hikes ahead.
               
#             EURINR trading range for the day is 80.65-81.49.
#             Euro remained supported as Eurozone business growth got a boost from reopened services in April
#             German unemployment sinks in April as pandemic measures ease
#             Expectations that the ECB will raise interest rates much more slowly than the Federal Reserve make it difficult for the euro to attract investors.
               
#             GBPINR trading range for the day is 94.44-97.02.
#             GBP dropped as pressure was seen after the Bank of England raised the key Bank Rate by 25bps to 1% during its May 2022 meeting
#             The S&P Global/CIPS UK Manufacturing PMI was revised higher to 55.8 in April of 2022 from a preliminary of 55.3
#             The Nationwide House Price Index in the UK climbed 12.1% year-on-year in April of 2022, easing from a 14.3% advance in the previous month
               
#             JPYINR trading range for the day is 58.78-59.34.
#             JPY remained in range as the Federal Reserve raised interest rates by a widely expected half-percentage point
#             The Bank of Japan doubled down on its massive stimulus program and reinforced a commitment to its super-low yield policy.
#             Japan consumer confidence edges up in April, first rise in six months