Rupee Settled Flat After Dollar Demand From State-Run Banks Ate Into Early Gains

# trading range for the day is 83.07-83.27.

# Rupee ended little changed after dollar demand from state-run banks ate into early gains.

# RBI\\'s intervention in foreign exchange markets to support the rupee.

# Indian GDP grew by 7.3% in the 2023-24 fiscal year, higher than expected.

# trading range for the day is 90.84-91.32.

# Euro steadied as investors kept an eye on upcoming US inflation data due Thursday.

# Euro zone services activity could weaken further in the coming quarters due to rising interest rates.

# Investor morale in the euro zone improved for the third consecutive month in January to its highest level since May.

# trading range for the day is 105.56-106.16.

# GBP steadied as investors digested a set of economic data and its potential implications for global monetary policies.

# The BoEs former member said the BOE will not be in a position to begin cutting rates in 2024.

# Feds Bostic said inflation in the US has declined further than he had anticipated.

# trading range for the day is 57.7-58.28.

# JPY remained in range amid bets for delay in BoJ\\'s plan for a pivot.

# Tokyo inflation report lifts expectations for an eventual hawkish BoJ pivot and boosts the JPY.

# Elevated US bond yields underpin the USD and help limit the downside for the pair.