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CURRENCY OUTLOOK

DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar flat after Fed official comments; focus on CPI data next week

* U.S. dollar flat to moderately higher, weak outlook intact on Fed outlook

* Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll

CHART OF THE DAY:

OUTLOOK:

USDINR: USDINR two days sharp bull run now consolidating the range of 82.50-83.00, where upside it has an immediate resistance level of 83.10, on the downside if it slip below 82.40 then downside it will be test 82.20-82.00 levels, while above 83.10 it may head towards 83.20-83.35 levels.

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