USDINR Gained As The Country Continues To Reel Under A Fresh Surge Of Covid

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#             USDINR trading range for the day is 74.36-75.46.
#             USDINR gained back above 75.00 level tracking losses in domestic equity markets as the country continues to reel under a fresh surge of Covid infections.
#             India inflation rate rises more than expected
#             India industrial output falls most in 6 months            
               
#             EURINR trading range for the day is 88.82-91.
#             Euro gained as optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe and due to weakness in the rupee
#             EU Commission could raise 2021 eurozone growth forecast in May
#             The Commission forecast in February that eurozone growth would be at 3.8% this year and in 2022.                
               
#             GBPINR trading range for the day is 102.76-105.1.
#             GBP gains as the U.K. economy is building momentum, as the government has loosened lockdown rules.
#             BoE's Tenreyro says removing policy support too early could be costly
#             British lenders expect demand for secured lending as well as the availability of secured credit to households to increase in the next three months to end-May                
               
#             JPYINR trading range for the day is 68.43-69.81.
#             JPY gained amid weakness in Rupee and greenback held down by improved risk sentiment amid a rally in global stocks to record highs.
#             Japan posted a merchandise trade surplus of 663.7 billion yen in March, the Ministry of Finance said.
#             Industrial production in Japan dropped 1.3 percent month-over-month in February 2021

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