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Daily Currency Market Updates

News in headline:

* Dollar Down, Omicron Concerns Flare Up as Case Numbers Soar

* Dollar on back foot as Treasury yields soften, Omicron keeps markets on edge

* Economic Data Puts the EUR and the Loonie in Focus

Chart of the day:

USDINR: USDINR is consolidating where 76.10-76.30 are immediate resistance level. On the downside,75.80- 75.7 is an immediate demand zone while 75.60 will be the next support level. It may catch up momentum anytime till it trade above 76.25 mark.

Technical View:

* The mixed move can be seen in currency.

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