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DAILY CURRENCY MARKET UPDATES

NEWS IN HEADLINE:

* Dollar dives to two-month low, pound scales 15-month peaks on wage growth data

* USD/CAD drops as Bank of Canada set to hike again

* Dollar retreats to two-month low; sterling soars on record wage growth

OUTLOOK:

USDINR: USDINR yesterday gave a gap down, opening below 82.60 levels and continuing its bearish momentum due to dollar index weakness in the global market. Technically, it now has immediate support around 82.25-82.30, and on the upside, it has intraday immediate resistance around 82.55. Above 82.55, it may test 82.65-82.70 again, while below 82.30, it may head towards the 82.15-82.10 zone.

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