Major developments:

USD is now at 71.12. Rupee opened at 71.25. Expect 71.05-71.30 range for the day.

Indian IIP,CPI, US Fed meeting, ECB rate decision, UK election, US-China trade issues are the major focus events of the week.

-USDINR is at 71.12. Friday’s close was 71.21.

-Indian Equity indices climb marginally.

-Indian 10 year G-SEC yield is at 6.68%.

-USDINR 1 yrfwdpremia is at 3.95%.

USDINR @ 71.12, EUR/USD 1.1057, GBP/USD @ 1.3140, USD/JPY @ 108.57, EUR/INR @ 78.64, GBP/INR @ 93.50, JPY/INR @ 65.50.

Gold@1490, WTI Crude @ 58.60, Nifty @ 11936(+13), 10 Year G-SEC @ 6.68.