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DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* USD/CNY fix: 7.2292 vs. the estimated 7.2289 and the previous 7.2555

* GBPJPY rebounds from 166.00, investors seek clarity over UK’s fiscal tightening plan

* USDJPY pressed-up against key resistance with focus on US CPI

CHART OF THE DAY :

OUTLOOK: JPYINR: JPYINR is having a selling pressure from its resistance level of 56.5. where move above 57 can lead some upside towards 57.8-57.9 while if it slips below 56.0 it may head towards 55.5-55.7 zone.

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