JPYINR trading range for the day is 56.8-57.24

JPYINR trading range for the day is 56.8-57.24. JPY remained supported after dollar slipped after a Democrat won a bitter fight for a U.S. Senate seat in deeply conservative Alabama. The value of core machine orders in Japan jumped a seasonally adjusted 5.0 percent on month in October, the Cabinet Office said - standing at 850.9 billion yen. Investors are focusing more on the Fed’s projection on the pace of its rate hikes next year and policymakers’ view on the outlook for inflation.

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