On October 23rd, 2014, we updated our
By continuing to use LinkedIn’s SlideShare service, you agree to the revised terms, so please take a few minutes to review them.
DAILY FOREX REPORT 19TH DECEMBER 2012WWW.EPICRESEARCH.CO +919752199966
HEADLINES Rupee trims initial gains vs dollar, still up by 9 paise The rupee trimmed its initial gains against the American currency but was still quoted up by 9 paise to 54.76 per dollar in the late morning trade on mild selling of dollars by banks and exporters ahead of the Reserve Banks mid-quarter monetary policy review meeting. The rupee resumed higher at 54.70 per dollar as against the last closing level of 54.85 per dollar at the Interbank Foreign Exchange ( Forex) Market on selling of dollars by banks in view of persistent foreign capital inflows into equity market. However, it trimmed its initial gains and was quoted at 54.76 per dollar at 1040 TRADING TIPS hrs on renewed dollar demand from banks on the back of higher dollar in overseas market. It moved in a range BUY USD/INR of 54.70 per dollar and 54.81 per dollar during the ABOVE 54.05 morning trade FOR TGT 54.20/54.35 SL 53.90 PAST PERFORMANCE REFERENCE RATE BUY USD/INR As on 18TH December 2012 ABOVE 54.95 UNDERLYING RATE FOR TGT 55.10 USDINR 54.8490 SL 54.80 TARGET ACHIEVED EURINR 72.2440 GBPINR 88.9267 JPYINR 65.3100www.epicresearch.co +919752199966
FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 2:30pm EUR German Ifo Business 101.9 101.4 Climate 3:00pm GBP MPC Meeting Minutes 0-0-9 0-0-9 7:00pm USD Building Permits 0.87M 0.87M 7:00pm USD Housing Starts 0.87M 0.89M 9:00pm USD Crude Oil Inventories -0.9M 0.8MDisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do notaccept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits themthe most.Sincere efforts have been made to present the right investment perspective. The information contained herein is based onanalysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provideindividually tailor-made investment advice. Epic research recommends that investors independently evaluate particularinvestments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not beresponsible for any transaction conducted based on the information given in this report, which is in violation of rules andregulations of NSE and BSE.The share price projections shown are not necessarily indicative of future price performance. The information herein, togetherwith all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holdingpositions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free willand does not read any views expressed as a recommendation for which either the site or its owners or anyone can be heldresponsible for . Any surfing and reading of the information is the acceptance of this disclaimer.All Rights Reserved.Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurredwhatsoever for any financial profits or loss which may arise from the recommendations above epic research does notpurport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party oranyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyonewhich is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. www.epicresearch.co +919752199966