JPYINR - Ways2Capital

JPYINR trading range for the day is 63.08-63.76.

JPY dropped as the dollar gained as demand for riskier assets increased on growing signs of a thaw in Sino-U.S. trade relations.

BOJ Governor Kuroda: Forward guidance meant no early discussion of exit

BOJ Governor Kuroda: Fed's rate policy itself won't require BOJ to respond.

RBI Reference Rate for JPYINR was at 63.06.

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GBPINR - Ways2Capital

GBPINR trading range for the day is 90.16-91.52.GBP remained supported after British Prime Minister Theresa May survived a no-confidence vote. # No immediate new assurances for UK in EU Brexit draft

Donald Tusk of the European Council comments EU27 wants to help Brexit summit after "long and frank discussion" with UK PM Theresa May JPYINR trading range for the day is 63.08-63.76.

JPY dropped as the dollar gained as demand for riskier assets increased on growing signs of a thaw in Sino-U.S. trade relations. BOJ Governor Kuroda: Forward guidance meant no early discussion of exit

BOJ Governor Kuroda: Fed's rate policy itself won't require BOJ to respond.

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EURINR - Ways2Capital

                            
EURINR trading range for the day is 81.41-82.07.

Euro traded in range after news that Italy lowered its deficit target for next year and expected the European Commission to accept its new 2019 budget proposal.

Eurozone's industrial production grew in October after a slump in the previous month, suggesting that economic growth may gain some steam.

German investor confidence rose strongly in December, defying expectations for a modest weakening.

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USDINR - Ways2Capital

                             
USDINR trading range for the day is 71.43-72.19.

Rupee weakened slightly, in response to a sharp rise in global crude oil prices which threatens to aggravate India’s current account deficit.

RBI sold net $7.2 billion in spot market in October

RBI's net outstanding forward dollar sale end-October stands at $2.89 billion.

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Rupee Trades Lower At 71.73 Per Dollar

The Indian rupee was trading lower by 5 paise at 71.73 per dollar on Friday versus previous close 71.68.

The dollar-rupee December contract on the NSE was at 71.80 in the previous session. December contract open interest increased 0.20 percent in the previous session.

We expect the USD-INR to meet resistance at higher levels. Utilise upsides in the pair to initiate short positions, it added.

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JPYINR - Ways2Capital

JPYINR trading range for the day is 63.43-64.02.

JPY dropped as the greenback was lifted as long-term U.S. Treasury yields bounced from three-month lows

BOJ Governor Kuroda: Fixed operation showed BOJ wasn't allowing rate rise and doesn't think the July move was stealth tapering at all.

BOJ Governor Kuroda: Vital point of July move was to continue current easing, and it did result in some improved market function.

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GBPINR - Ways2Capital

GBPINR trading range for the day is 89.98-90.9.

GBP fell in the wake of reports that colleagues of Prime Minister Theresa May believed they had sufficient numbers to mount a no-confidence vote in her leadership.

UK PM May's spokesman - UK Parliament will vote on the Brexit deal before January 21, 2019
UK PM May's spokesman - PM has made it clear that nothing is off the table.

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