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* USDINR closed 19 paise higher at 72.81 yesterday

* US inflation expecteation drops to its lowest lever since April 27

* Goldman Sachs raise their near term inflation forcast while maintaining expectation of it declining by end of the year

* EU's Sefcovic threatens suasage trade war with UK if brexit rules are broken

OUTLOOK - USDINR

Rupee opened 15 paise higher at 72.85 from its previous close against the US dollar and it finally closed a net 19 paise higher at 72.81 yesterday. USDINR had gained as far as the intraday high of 72.74 and fell to an intraday low of 72.88. The dollar index which compares the strength of the dollar against 6 major currencies fell 0.18% and closed at 89.98. Brent crude futures fell 0.25% to trade at $71.66/barrel. USDINR near futures are at 72.9750 with the next support seen at 72.8333 and next resistance seen at 73.1833 ahead of market opening today.

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