Rupee Hovered In A Tight Range As Traders Awaited The Outcome Of Fed Meeting

# trading range for the day is 83.18-83.3.

# Rupee hovered in a tight range as traders awaited the outcome of the Fed meeting and India\\'s federal budget.

# India is likely to reduce its fiscal deficit by at least 50 basis points

# The market expects the FOMC to keep rates at 5.25–5.50% unchanged at its January meeting.

# trading range for the day is 89.96-90.6.

# Euro dropped as investors turned cautious ahead of a raft of economic data this week

# Slower wage growth needed for euro zone rate cuts, ECB\\'s Knot says

# ECB held rates steady at a record high and batted back talk of cuts despite a raft of indicators showing that economic growth are softening

# trading range for the day is 105.51-105.91.

# GBP steadied as traders looked ahead to the first Bank of England policy meeting

# UK inflation expectations fall as BoE readies rates message

# Money markets are currently pricing a 42% chance of a cut in May, while June is given a 74% chance.

# trading range for the day is 56.45-56.81.

# JPY seen pressured after inflation in Tokyo fell below the BoJs 2% target

# BoJ signaled its commitment to achieving the 2% inflation target and raised expectations of a rate hike in the coming months

# The index of coincident economic indicators in Japan, at its lowest level since March.