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Daily Currency Market Updates

News in headline:

* Sterling rallies for 3rd day after BoE bond buys; U.S. dollar down

* China's yuan snaps eight-day losing streak after strong PBOC warning

* No forex controls while I'm in office, Taiwan central bank chief says

Chart of the day:

EURINR: EURINR is continuing its bullish momentum and there are no signal of weakness where 80.05-80.15 is an immediate target levels. On the downside 79.40 intraday and immediate support level. While below 79.40 lead further weakness toward 79.20-79.00 levels.

Technical View:

* The mixed move can be seen in the currency.

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