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Daily Currency Market Updates

News in headline:

* Japan govt spokesperson says caution needed on inflation's downside risks

* Euro sinks after bleak manufacturing, services data; U.S. dollar rises

* Analysis-Taliban's isolation makes Afghan earthquake response harder

Chart of the day:

USDINR:

USDINR is continuing its bullish momentum and there are no signal of weakness where 78.50 is an immediate target level. On the downside 78.10 intraday and immediate support level. While below 78.10 lead further weakness toward 78.00-77.90 levels.

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