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Daily Currency Market Updates

News in headline:

*  Dollar edges higher as traders await U.S. inflation report

*  Pound May Fall Below $1.20 in Next Month, SocGen Strategist Says

*   Dollar Edges Lower; Wait for U.S. CPI Release Limits Activity

Chart of the day:

EURINR:

EURINR is consolidating in the range of 81.05 -81.50 where move above 81.50 can lead some upside towards 81.70-81.90 while if it slips below 81.20 it may head towards 81.00-80.80 zone.

Technical View:

* The mixed move can be seen in currency.   

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