# trading range for the day is 83.21-83.45.
# Rupee strengthens with dollar inflows, while Asian peers struggle with rate cut expectations.
# Private sector employment in the US rose by 164,000 in December and annual pay was up 5.4% – ADP (NASDAQ:)
# RBI continues to accumulate inflows and build currency reserves at every possible opportunity.
# trading range for the day is 90.99-91.61.
# Euro gains as risk sentiment improves, uncertainty remains over interest rate cuts.
# Eurozone Composite PMI matches November’s level, indicating a sustained decline in business activity.
# Germany’s Composite PMI revised upward, still showing contraction in the private sector.
# trading range for the day is 105.35-106.23.
# GBP gains as market sentiment improves after a subdued start to the year.
# Discussions about rate cuts from the Fed are firm, while the BoE emphasizes higher interest rates.
# UK could enter a mild recession, with a gloomy economic outlook.
# trading range for the day is 57.72-58.66.
# JPY depreciated due to a stronger dollar and reduced bets on US Fed interest rate cuts.
# BOJ Governor Kazuo Ueda said he hopes the economy can see inflation and wages rise in a balanced manner.
# Japan Manufacturing PMI was revised upward to 47.9 in December 2023 from a flash figure of 47.7.
