Major developments:
USD is now at 73. USDINR opened at 72.97. Expect 72.95-73.15 range for the day.
Indian Equity indices are in rally mode. ECB meeting is the focus event for the day.
-USDINR is at 73. Prior day’s close was 73.02.
-Indian Equity indices climb.
-Indian 10 year G-SEC yield is at 5.94%.
-USDINR 1 yr fwd premia is at 4.65%.
USDINR @ 73, EUR/USD 1.2130, GBP/USD @ 1.3683, USD/JPY @ 103.40, EUR/INR @ 88.56, GBP/INR @ 99.90, JPY/INR @ 70.60.
Gold@1871, WTI Crude @ 53.12, Nifty @ 14728(+83), 10 Year G-SEC @ 5.94%.
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