JPYINR Trading Range For The Day Is 57.24-58.32.



JPY remained weak after the central bank held steady as expected.The Bank of Japan kept monetary policy steady and offered a more upbeat view of the economy than last month.The BoJ increased its real gross domestic product (GDP) forecast for the 2017-18 fiscal year to 1.6% from 1.5% 

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GBPINR Trading Range For The Day Is 82.27-83.62.



GBP gains helped by a broader softening of the dollar and polls showing PM May on course for a landslide in the early election she has called for June.The British manufacturing sector will perform relatively well this year, despite a weak start to the second quarter. Investors are eyeing gross domestic product numbers due on Friday for clues on the state of Britain's economy.

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EURINR Trading Range For The Day Is 70.1-70.48.




Euro remained supported as dollar gains after U.S. President Donald Trump's tax plan offered no fresh surprises, halting the greenback's rally.Gains have also been spurred by expectations of a change in the direction of ECB policy in coming months that it would soon scale back monetary stimulus.Germany's economy is likely to expand more than previously projected in 2017, the Economy Ministry said.

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USDINR Trading Range For The Day Is 64.13-64.55



Rupee traded off 20-month high against the dollar on selling by oil importers for month-end dollar payment commitments Adding to this, dollar remained weak after tax-cut announcement by the US President Donald Trump disappointed investors as major part of it was prices in by investors.India's trade deficit widened to a four-month high of $10.44 billion in March following a surge in merchandise imports.

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JPYINR Trading Range For The Day Is 57.34-58.88.



JPY edged lower remaining under pressure as risk sentiment improved and safe haven demand eased, on relief over the first round of the French presidential election.BOJ Kuroda said that G20 and IMF officials accept the view that the central bank is conducting quantitative easing to achieve its inflation target.Japan's small business confidence weakened in April after rising in the previous month, survey data from Shoko Chukin Bank showed.

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GBPINR Trading Range For The Day Is 82.32-83.01



GBP dropped hit by the single currency's renewed strength as relieved investors turned optimistic on Europe after the first round of the French presidential election.The British government limited its budget deficit for the financial year 2016-17 almost within its targets and the figure hit the lowest level seen since the financial crisis.The British manufacturing sector will perform relatively well this year, despite a weak start to the second quarter.

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EURINR Trading Range For The Day Is 69.84-71.01.




Euro pared gains after seen supported as traders digested centrist candidate Emmanuel Macron's victory in the first round of France's presidential election. Eurozone banks are set to tighten lending conditions for enterprises and to maintain credit standards for housing loans in the second quarter. Sources close to the ECB's Governing Council told that with the fading of the threat of a run-off between two eurosceptic candidates in France 

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