Major developments:

USD is now at 70.72. Rupee opened at 70.68 . Expect 70.68-70.90 range for the day.

US President hinted at trade deal with China. CNY gained and helped INR to gain. EU has agreed to extend BREXIT deadline to Jan 2020. Fed meeting, BOJ meeting, US spending and employment data are the focus events for this week.

-USDINR is at 70.72. Friday’s close was 70.89.

-Indian Equity indices climbed higher.

-Indian 10 year G-SEC yield is at 6.52%.

-USDINR 1 yr fwd premia is at 3.99%.

USDINR @ 70.72, EUR/USD 1.1093, GBP/USD @ 1.2852, USD/JPY @ 108.97, EUR/INR @ 78.44, GBP/INR @ 90.88, JPY/INR @ 64.89.

Gold@1492, WTI Crude @ 55.65, Nifty @ 11732 (+105), 10 Year G-SEC @ 6.52.