Major developments:

USDINR is trading at 69.37 . US CPI data and trade issues will be the focus for this week.

USDINR could trade in the 68.30-70.30 zone in coming days. Key support is at 68.30 and important resistances are at 69.75 and later at 70.30. Exporters can hedge between 69.75 and 70.30. Near term imports can be covered on decline to 68.80.

-USDINR is at 69.37. Y’day’s close was 69.40.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 7.42%.

-USDINR 1 yr fwd premia is at 4.35%.

USDINR @ 69.37, EUR/USD 1.1211, GBP/USD @ 1.3123, USD/JPY @ 110.63, EUR/INR @ 77.77, GBP/INR @ 91.03, JPY/INR @ 62.70.

Gold@1282, WTI Crude @ 62.45, Nifty @ 11603 (+5), 10 Year G-SEC @ 7.42.