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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE

* Pound gains as BoE's Bailey keeps inflation fight in focus despite banking woes

* Dollar steadies on improved banking confidence; First Citizens to buy SVB

* Asia FX dips as bank fears, weak China data keep sentiment dim

CHART OF THE DAY

OUTLOOK

USDINR: The USDINR has consolidated in recent days. The next move will be seen after the range breakout; however, 82.80 is an immediate resistance level, and on the downside, 82.20 acts as a support. If it moves above 82.80, it can lead some upside momentum towards 83.20, while if it slips below 82.20, it may head towards the 81.60-81.80 zone.

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