July 2, 2012 / 4:21 AM / 5 years ago

MARKET EYE-USD/INR little changed; seen range-bound

* USD/INR at 55.63/64 versus previous close of 55.6050/6150. In
early trade, the pair had touched a low of 55.50 but has moved
higher since.
* Traders say marginally weak domestic equities are weighing on
the local unit with expectations for the pair to hold in a
55.50-55.80 range during the day.
* The euro dipped on Monday, giving up a bit of ground after its
biggest one-day rally in eight months, as investors looked for
fresh reasons to extend a rally sparked by initial euphoria over
the latest European push to ease the region's debt crisis.
 

 (swati.bhat@thomsonreuters.com/;
swati.bhat.thomsonreuters.com@reuters.net)

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