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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar firmer as traders look to Jackson Hole gathering

* Cryptoassets increase risk in developing economies, study says

* Dollar retreats slightly, Powell's Jackson Hole speech seen key

OUTLOOK: EURINR:

EURINR yesterday faced sharp selling pressure from resistance levels around 90.80–90.85 levels and given a close around 90.40, now it is standing around the 50 DMA, which is placed around 90.35–90.40. On the upside, 90.80 acts as a major hurdle, while below 90.35 it may head towards the 90.25–90.10 zone.

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