Forex Market News

JPYINR – Ways2Capital

JPYINR trading range for the day is 57.84-58.36. JPY gained with concerns over comments made at the weekend at a meeting of finance ministers from leading economies.
Dollar remained under pressure amid expectations that Fed will raise interest rates at a more gradual rate than some investors had previously anticipated. The BoJ board voted to retain the -0.1 percent interest rate on current accounts that financial institutions maintain at the bank.
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