Agam Gupta of Standard Chartered says US yields and the dollar are slightly stronger, but at the similar time worldwide equities is a touch higher too. He expects domestic flows to make the trading today. According to Gupta, the range for the day seen between 60.15-60.45 /dollar.
The yen fell to a three-week low against the dollar in early trade after data showed Japan logs a record trade shortfall in the economic year that ended in March. The euro was stable at USD 1.3813, though still well shy of a 3-1/2-week peak of USD 1.3906.