Daily FX Trends - Commentaries

USD/INR EURO/USD GBP/USD USD/JPY USD/CHF
Macro Support-Resistance Levels 84.20-87.00 1.0500-1.1700 1.2800-1.3700 135.00-155.00 0.7900-0.8500
Sentiment against USD Positive Neutral Neutral Negative Neutral
Forecast for the day 84.90-85.60 1.1130-1.1250 1.3260-1.3345 146.35-147.60 0.8360-0.8410

Rupee opened on positive note this morning at 85.06 levels, as India’s CPI fell to 3.16 in April 2025, the lowest since July 2019, from 3.34 in the previous month, and below market expectations of 3.3. From the previous month, consumer prices rose by 0.31, rebounding from the 0.26 drop in the previous month to halt five consecutive declines in the CPI. Today, equity market benchmarks are trading flat in early trades.

click here to view Rate Sheet