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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* Dollar up vs euro but remains on track for weekly loss after inflation data

* Dollar edges higher, but set for weak quarter ahead of key inflation data

* Dollar/rupee premiums to rise as US-India interest rate gap seen widening - analysts

CHART OF THE DAY

OUTLOOK

GBPINR: The GBPINR has shown strength in recent days; however, 102.00 is an immediate resistance level, and on the downside, 101.40 acts as a support. If it moves above 102.00, it can lead some upside momentum towards 102.40, while if it slips below 101.40, it may head towards the 101.00-101.20 zone.

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