Rupee Remained In Range Amid Rising Concerns Of Oil Prices & Middle East Conflict

# trading range for the day is 83.24-83.34.

# Rupee remained in range amid rising concerns about oil prices and as investors wait to see if the ongoing conflict in the Middle East draws in other countries.

# RBI has been intervening routinely to prevent the rupee from sliding to its lifetime low and likely sold U.S. dollars earlier in the session.

# India\\'s wholesale prices unexpectedly dropped by 0.26 percent year-on-year in September 2023.

# trading range for the day is 87.55-87.97.

# Euro steadied as investors continued to assess the economic and interest rate outlook globally.

# Traders remained cautious amid rising geopolitical tensions in the Middle East due to the Israel-Hamas war.

# Germanys wholesale prices dropped for the sixth consecutive period by 4.1% year-on-year in September 2023.

# trading range for the day is 101.03-101.55.

# GBP dropped as investors turned to the following the release of stronger-than-expected US inflation data.

# The latest GDP report from the UK showed the economy grew by 0.2% in August, meeting expectations.

# The RICS UK Residential Market Survey house price balance, fell slightly to -69 in September 2023 from -68 in August.

# trading range for the day is 55.76-55.96.

# JPY steadied as escalating tensions in the Middle East boosted safe-haven demand for the currency.

# Industrial production in Japan dropped by 0.7% mom in August 2023.

# Japan\\'s biggest banks to raise housing loan rates after BOJ\\'s policy tweak.