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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar skids to three-week low as US inflation data reinforces Fed pause view

* Russian banker Kostin says the end of U.S. dollar dominance is nigh

* Dollar slips after Chinese rate cut boosts risk-taking; U.S. CPI in focus

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR is consolidating in the narrow range of 82.25–82.65, where a move above 82.65 can lead to some upside towards 82.75-82.85, while if it slips below 82.25, it may head towards the 82.15-82.10 zone

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