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Abstract:# trading range for the day is 82.93-83.35.# Rupee closed weaker and posted a weekly loss, amid risi
# trading range for the day is 82.93-83.35.
# Rupee closed weaker and posted a weekly loss, amid rising prices and persistent dollar demand from importers.
# The University of Michigan consumer sentiment for the US fell to 67.7 in September of 2023 from 69.5 in the previous month
# India posted a merchandise trade deficit of USD 24.2 billion in August 2023, the largest gap in ten months
# trading range for the day is 88.36-89.
# Euro recovered from lows buoyed by expectations that a peak in rates at ECB had been reached.
# The wage growth in the Eurozone eased slightly to 4.6% year-on-year during the second quarter of 2023
# Hourly labor costs in the Euro Area rose by 4.5% year-on-year in the second quarter of 2023
# trading range for the day is 102.99-103.61.
# GBP remained under pressure as traders looked ahead to the Bank of England\\'s interest rate decision next week.
# Concerning domestic data and plunging demand for mortgages limited the room for the BoE to remain hawkish.
# Dollar seen supported as new data consolidated evidence of resilience in the US economy.
# trading range for the day is 56.2-56.64.
# JPY is seen under pressure as the BOJ remains a dovish outlier among global central banks.
# BOJ Governor Kazuo Ueda heightened expectations the central bank could shift away from its negative interest rate policy.
# Data showed that producer prices in Japan rose the least in 29 months and decelerated for the eighth straight month.
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