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Abstract:# trading range for the day is 82.89-83.13.# Rupee remained in range amid robust influxes of foreign
# trading range for the day is 82.89-83.13.
# Rupee remained in range amid robust influxes of foreign currency and a hawkish RBI.
# RBI held its benchmark interest rate at 6.5% and extended its “withdrawal of accommodation” policy
# RBI has repeatedly intervened in foreign exchange markets to prevent the local currency from sinking.
# trading range for the day is 89.32-89.74.
# Euro gains as interest rate cuts continued to buoy investor confidence.
# German industrial output fell by 1.6% month-over-month in December 2023
# Eurozone consumers have trimmed their expectations for inflation over the next 12 months.
# trading range for the day is 104.48-105.02.
# GBP remained in range as investors tempered their expectations of early interest rate cuts
# BoE\\'s Breeden says less worried that rates will need to rise again
# The Halifax House Price Index rose by 2.5% yoy in January 2024.
# trading range for the day is 55.59-56.33.
# JPY dropped as the latest central bank commentary countered bets on an aggressive shift in Japans monetary policy.
# The value of loans in Japan increased by 3.1% year-on-year in January 2024
# Reduced Fed rate cut bets favor the USD bulls and should limit deeper losses for the pair.
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