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Rupee Rose Amid Positive Sentiment Following The Release Of The Domestic Budget.

WikiFX
| 2024-02-05 20:01

Abstract:# trading range for the day is 82.84-83.08.# Rupee strengthened amid positive sentiment following th

# trading range for the day is 82.84-83.08.

# Rupee strengthened amid positive sentiment following the presentation of the domestic budget.

# The US economy added 353K jobs last month, following an upwardly revised 333K rise in December

# Rupee forward premiums fell, with the 1-year implied yield falling 3 bps to 1.82%.

# trading range for the day is 90.13-90.61.

# Euro recovers as mixed inflation data likely supported the ECBs argument against rushing interest rate cuts.

# Euro zone factory downturn eased for third month in January

# ECBs Lagarde said that officials unanimously agreed that it was premature to discuss interest rate cuts.

# trading range for the day is 104.66-106.5.

# GBP gains as investors evaluated a week filled with monetary policy decisions and a slew of economic data.

# BoE's Bailey says UK recession is 'in the balance'

# Bank of England says rates 'under review' as inflation to dip below 2%.

# trading range for the day is 56.66-57.02.

# JPY remained in range after a pushback from the Federal Reserve for a move in March

# The consumer confidence index in Japan advanced to 38 in January of 2024 from 37.2 in December 2023

# Japan's housing starts declined by 4.0 percent year-on-year in December 2023.

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