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* USDINR closed 15 paise higher at 73.76 yesterday

* FBIL set the reference rate for USDINR at 74.0573 and Euro at 89.8276

* USD on backfoot ahead of US jobs data which could define direction to dollar

* CAD rises to 3.5yrs high against USD as commodities price rise and dollar weakens

* BoE leaves interest rates unchanged and slows bond purchase rate

* China's Caixin services PMI rise to 56.3 vs 54.3 last

OUTLOOK - USDINR

Rupee opened 5 paise higher at 73.86, from its previous close against the US dollar and it finally closed a net 15 paise higher at 73.76 yesterday. USDINR had gained as far as the intraday high of 73.75 and fell to an intraday low of 74. The dollar index which compares the strength of the dollar against 6 major currencies fell 0.4% and closed at 90.90. Brent crude futures fell 0.65% to trade at $68.77/barrel. USDINR near futures are at 73.9700 with the next support seen at 73.8583 and next resistance seen at 74.1683 ahead of market opening today.

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