Major developments:

USD is now at 70.90. Rupee opened at 71.02. Expect 70.85-71.05 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 70.90. y’day’s close was 71.05.

-Indian Equity indices decline marginally.

-Indian 10 year G-SEC yield is at 6.65%.

-USDINR 1 yr fwd premia is at 3.92%.

USDINR @ 70.90, EUR/USD 1.1066, GBP/USD @ 1.3150, USD/JPY @ 108.64, EUR/INR @ 78.46, GBP/INR @ 93.23,

JPY/INR @ 65.26.

Gold@1461, WTI Crude @ 58.95, Nifty @ 11911(-25), 10 Year G-SEC @ 6.65.