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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar stronger as market rethinks monetary policy outlook

* Rising sol: Peru's currency at year-high after shaking off protest impact

* Dollar rebounds after CPI losses; debt ceiling uncertainty offers support

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR showing and outperforming for the last two trading sessions where 82.25 is an immediate resistance zone above this, we can expect a short covering rally towards 82.35-82.45 zone. On the downside 81.90 immediate support level while 81.70 will be the next important support level.

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