04/06/2020

Major developments:

USD is now at 75.57. Rupee opened at 75.62. Expect 75.35-75.80 range for the day. ECB meeting is the focus event for the day.

-USDINR is at 75.57. Prior day’s close was 75.48.

-Indian Equity indices climb 0.18%.

-Indian 10 year G-SEC yield is at 5.81%.

-USDINR 1 yr fwd premia is at 3.80%.

USDINR @ 75.57, EUR/USD 1.1212, GBP/USD @ 1.2538, USD/JPY @ 109, EUR/INR @ 84.75, GBP/INR @ 94.75, JPY/INR @ 69.35.

Gold@1705, WTI Crude @ 39.20, Nifty @ 10085(+25), 10 Year G-SEC @ 5.81.