06/11/2020
Major developments:
USD is now at 73.97. USDINR opened at 73.98. Expect 73.88-74.15 range for the day. Fed maintained status quo and expressed concern over negative impact of Corona virus. BOE expanded QE program.
-USDINR is at 73.98. Prior day’s close was 74.40.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 5.85%.
-USDINR 1 yr fwd premia is at 3.92%.
USDINR @ 73.97, EUR/USD 1.1825, GBP/USD @ 1.3132, USD/JPY @ 103.44, EUR/INR @ 87.47, GBP/INR @ 97.12, JPY/INR @ 71.50.
Gold@1940, WTI Crude @ 37.70, Nifty @ 12187(+67), 10 Year G-SEC @ 5.85%.
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