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DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* Dollar holds firm on hawkish Fed bets, Aussie on back foot before RBA

* New Zealand forecast - "The RBNZ will induce a recession", NZD/USD to 0.55

* EUR/JPY struggles around 143.50 ahead of Japan’s GDP and ECB Lagarde’s speech

CHART OF THE DAY

OUTLOOK:

GBPINR: GBPINR formed a large-bodied bullish candle on the daily charts after a gapup opening, however 99.25 is a immediate support level , while 100.50 is resistance zone. if it takes out the 100.50 level, then we can expect a move towards the 100.80-101.00 level, While if it slips below 99.25 level, then 98.80-99.00 is the next support levels.

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