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Daily Currency Market Updates

News in headline:

* Euro under pressure as inflation fears send investors to dollar haven

* Euro dives, dollar rises after Fed's Powell reaffirms hawkish stance

* Rouble heads away from 50 vs dollar as authorities flag interventions

Chart of the day:

USDINR:

USDINR is continuing its bullish momentum and there are no signal of weakness where 79.40-79.50 is an immediate target level. On the downside 78.95 intraday and immediate support level. While below 78.95 lead further weakness toward 78.80-78.70 levels.

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