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* USDINR closed 2 paise higher at 72.91 yesterday

* FBIL set the reference rate for USDINR at 72.9737 and Euro at 86.6227

* US 10yr tresury yields could rise to 2.25% by end of year: Deutsche Bank

* ECB keep rates Unchanged in its Monetory policy meeting

* ECB to purchase bonds flexibly as per market conditions, PEPP to be kept flexible

* US president Joe Biden signed 1.9tn stimulus package into law

OUTLOOK - USDINR

Rupee opened 3 paise lower at 72.96, from its previous close against the US dollar and it finally closed flat at 72.91, up 2 paise yesterday. USDINR had gained as far as the intraday high of 72.89 and fell to an intraday low of 73.09. The dollar index which compares the strength of the dollar against 6 major currencies rose by 0.07% and closed at 92.02. Brent crude future fell 0.3% to trade at $67.32/barrel. USDINR near futures are at 73.1525 with the next support seen at 73.0108 and next resistance seen at 73.2833 ahead of market opening today.

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