USDINR Traded In Range On News India, China Reaching Accord On Pullback Of Troops

  • Forex Analysis

#             USDINR trading range for the day is 72.65-73.13.
#             USDINR traded in range on news of India, China reaching an accord on the pullback of troops
#             India, China agree to disengage from disputed Himalayan lake
#             INR supported by inflows; FIs buy net $3.3 billion of Indian equities in Feb
            
#             EURINR trading range for the day is 88.06-88.71.
#             Euro traded in range as pressure seen after Germany plans to extend lockdown until March 14
#             French industrial production declined for the second straight month in December, data from the statistical office Insee showed
#             Germany's consumer price inflation turned positive for the first time in seven months in January
               
#             GBPINR trading range for the day is 100.49-101.09.
#             GBP prices traded in a tight range as Britain’s speedy coronavirus inoculation program supported the currency.
#             GBP has gained broadly in the past few weeks amid optimism over Britain’s rapid COVID-19 vaccination roll-out
#             The Bank of England’s upbeat forecast that the British economy will regain its pre-pandemic size by the first quarter of 2022.
               
#             JPYINR trading range for the day is 69.46-69.84.
#             JPY traded in range as the US dollar held after data showed a rise in the US budget deficit.
#             Japanese Prime Minister Yoshihide Suga said that the country would begin COVID-19 vaccinations from the middle of next week
#             BOJ policymaker highlights cost of huge asset buying, signals tweak in March review

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  • sandeep shah @sandeep shah
    China agree to pull back but can we trust ? looking at previous experience.
    Like 0

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