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Abstract:# trading range for the day is 83.01-83.09. # Rupee closed unchanged as traders awaited the release
# trading range for the day is 83.01-83.09.
# Rupee closed unchanged as traders awaited the release of U.S. inflation data
# The inflation rate in the US declined to 3.1% year-on-year in January from 3.4% in December
# Industrial production in India rose 3.8% year-on-year in December 2023, up from 2.4% in the previous month
# trading range for the day is 89.35-89.71.
# Euro steadied as investors scaled back their expectations of early cuts by the ECB following cautious remarks
# The ZEW Indicator of Economic Sentiment for the Euro Area increased by 2.3 points to 25 in February 2024
# The ZEW Indicator of Economic Sentiment for Germany rose for a seventh consecutive month to +19.9 in February 2024
# trading range for the day is 104.53-105.59.
# GBP gains as markets continued to assess the latest macroeconomic data for hints on the BoEs policy outlook.
# Wage growth in the UK slowed less than expected in the end of 2023
# The United Kingdom\\'s unemployment rate declined to 3.8% in the fourth quarter of 2023, down from 4.0% in the three months
# trading range for the day is 55.61-55.81.
# JPY dropped as investors pared back expectations on the scale and pace of the Feds easing cycle this year.
# Pressure is also seen from signs that BOJ will resist aggressively hiking rates even if it decides to abandon its negative rate policy.
# Japans machine tool orders dropped 14.1% year-on-year to JPY 110,881 million in January 2024.
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