Major developments:

USD is now at 74.72 . USDINR opened at 74.72. Expect 74.65- 74.85 range for the day.

US employment data is the key event for the day. BOE hiked rates to 0.5% with 4 members out of 9 voting for 50 bps hike.

ECB maintained status quo , but confirmed ending of PEPP program by March. ECB Chief acknowledged that inflation is getting entrenched. Inflation

may spike to 3.2%, above ECB’S mandate of 2%.

-USDINR is at 74.72 .Prior day’s close was 74.86.

-Indian Equity indices trade flat.

-Indian 10 year G-SEC yield is at 6.94%.

-USDINR 1 yr fwd premia is at 4.42%.

USDINR @ 74.72, EUR/USD 1.1467, GBP/USD @ 1.3601, USD/JPY @ 114.89, EUR/INR @ 85.69, GBP/INR @ 101.62  JPY/INR @ 65.03

Gold@1808, WTI Crude @ 91, Nifty @ 17551(-9), 10 Year G-SEC @ 6.94%.

Click to open an Account : https://gudwil.in/smart

For all your investment needs feel free to reach us.

Give us Missed Call us on 90037 90027 . For Support : 044-40329999