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Abstract:# trading range for the day is 82.93-83.41.# Rupee dropped amid a risk-off in regional markets amid
# trading range for the day is 82.93-83.41.
# Rupee dropped amid a risk-off in regional markets amid high inflationary pressures continuing to cloud the interest rate outlook.
# India\\'s wholesale inflation rose to a nine-month high of 0.73% in December.
# The ongoing tension in the Red Sea will lead to an oil price hike in India.
# trading range for the day is 90.36-90.8.
# Euro dropped after ECB policymakers pushed back on expectations of interest rate cuts.
# Joachim Nagel stated it was premature to discuss cuts, citing high inflation levels.
# Eurozone industrial activity contracted for the third consecutive month in November.
# trading range for the day is 104.67-105.63.
# GBP dropped due to data indicating a labor market slowdown.
# Regular pay growth in the UK decelerated to 6.6% in September-November, the weakest rate since November-January 2023.
# Total pay growth dropped to 6.5%, below the forecasted 6.8% and lowest since Q1 of the previous year.
# trading range for the day is 56.71-57.09.
# JPY weakened due to easing domestic inflation, reducing pressure on the Bank of Japan to raise interest rates.
# Japan\\'s wholesale inflation was flat in December, slowing for the 12th straight month.
# Producer prices in Japan showed no growth year-on-year in December, beating market forecasts.
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