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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE :

* Dollar edges lower; Aussie gains despite RBA holding steady

* Japan's currency diplomat says Tokyo in constant FX dialogue with US

* Factbox-Japan's toolkit to combat sharp yen declines

CHART OF THE DAY

OUTLOOK :

USDINR: USDINR is consolidating in the wide range of -81.90-82.18, where a move above 82.20 can lead some upside towards 82.30-82.40, while if it slips below 82.00, it may head towards the 81.90-81.80 zone again. On this range-bound session, buy on decline approach.

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