07/07/2020
Major developments:
USD is now at 74.70. Rupee opened at 74.70. Expect 74.55-74.85 range for the day.

US economic data was upbeat. Yuan gained. Markets ignored Corona concerns and was spurred by liquidity and optimism.

-USDINR is at 74.70. Prior day’s close was 74.68.
-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 5.84%.
-USDINR 1 yr fwd premia is at 3.94%.
USDINR @ 74.70, EUR/USD 1.1311, GBP/USD @ 1.2506, USD/JPY @ 107.36, EUR/INR @ 84.50, GBP/INR @ 93.42 JPY/INR @ 69.58.
Gold@1794, WTI Crude @ 40.45, Nifty @ 10760(-3), 10 Year G-SEC @ 5.84.

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