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* USDINR closed 13 paise lower at 74.13 yesterday

* Fed's Daly doesn't expect factors affecting labour to be permanent, expect people who lost jobs to return once economy recovers

* RBA keeps interest rate unchanged at 0.1%

* Canada Markit manufacturing PMI at 56.2 vs 56.5 previous vs 57 forecast

* Australia Markit services PMI at 44.2 vs 56.8 previous vs 44.2 expected

* Economic data from Eurozone, India and US in focus today

OUTLOOK - USDINR

Rupee opened flat at 74.26 from its previous close against the US dollar and it finally closed a net 13 paise higher at 74.13 yesterday. USDINR had gained as far as the intraday high of 74.12 and fell to an intraday low of 74.28.

The dollar index which compares the strength of the dollar against 6 major currencies closed flat at 92.07. Brent crude futures fell 1.33% to trade at $72.86/barrel. USDINR near futures are at 74.4425 with the next support seen at 74.3675 and next resistance seen at 74.5500 ahead of market opening today.

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