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Abstract:# trading range for the day is 82.99-83.11.# Rupee ended little changed as an uptick in eroded the l
# trading range for the day is 82.99-83.11.
# Rupee ended little changed as an uptick in eroded the local currency\\'s early gains
# Annual retail inflation in India eased to 5.1% in January 2024, the lowest in three months
# Investors are currently pricing in a 17.5% chance of a rate cut in March and about 63% in May.
# trading range for the day is 89.34-89.88.
# Euro remained in range as investors cautiously awaited key US inflation data that could guide the interest rate outlook globally
# The Fed rate cut uncertainty keeps the USD bulls on the defensive and lends support to the major.
# ECB rate cut bets might cap gains for the shared currency ahead of the US CPI report on Tuesday.
# trading range for the day is 104.57-105.17.
# GBP steadies as investors grow more convinced by BOEs determination to keep interest rates where they are for now
# The UK employment and inflation data will be the major triggers in the week ahead.
# British house prices rose 2.5% in the year to January, the strongest annual growth rate for a year.
# trading range for the day is 55.76-56.
# JPY remained in range as investors cautiously awaited US consumer inflation data or clues on the potential trajectory of interest rates.
# BoJs Uchida said that aggressive tightening is unlikely even after an exit from the negative interest rate policy.
# Traders now move to the sidelines and wait for this weeks release of key US inflation figures.
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