Rupee Remains In Range Due To Increased Prospects Of US Fed Easing Monetary Policy

# trading range for the day is 83.18-83.38.

# Rupee remained in range on rising expectations of the U.S. Federal Reserve easing monetary policy cycle.

# India\\'s April – Nov fiscal deficit at 9.07 trln rupees

# RBI‘s Das said that India is one of the world’s fastest-growing major economies with a rising potential growth profile.

# trading range for the day is 92-92.22.

# Euro steadied after an uptick in 7-year US Treasuries has sparked a pullback into the safe haven USD.

# There is no rift between Italy and its European Union partners over the euro zone bailout fund, Economy Minister Giancarlo Giorgetti said

# The European Union as a whole, consumer sentiment rose by 1.5 points to -16.0.

# trading range for the day is 105.78-106.06.

# GBP steadied as conditions of a technical recession in the UK economy are strengthening

# ONS indicated that the economy contracted by 0.1% in the third quarter of 2023.

# The BoE is not expecting growth in the final quarter of 2023, which indicates a technical recession is highly likely.

# trading range for the day is 58.86-59.3.

# JPY steadied as the BoJ clarified that it is still far from implementing any changes.

# BOJ Governor Kazuo Ueda recently stated that the likelihood of Japan\\'s economy getting out of the low-inflation environment

# Retail sales in Japan rose 5.3% year-on-year in November 2023, accelerating for the first time in three months.