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DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013
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DAILY FOREX REPORT BY EPIC RESEARCH- 02-JAN-2013

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  • 1. DAILY FOREX REPORT 2ND JANUARY 2013WWW.EPICRESEARCH.CO +919752199966
  • 2.  HEADLINES Rupee gains at open in 2013; U.S. fiscal cliff deal aids The rupee rose in opening trade on Tuesday, boosted by a deal to avert the U.S. "fiscal cliff", but gains were capped by a surge in the countrys current account deficit. At 9:06 a.m. (0336 GMT), the partially convertible rupee was at 54.82/83 per dollar versus its previous close of 54.99/55.00.The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, Obama administration officials said on Monday. Indias current account deficit widened to a record high of 5.4 percent of GDP in the September quarter as export growth slowed more sharply than imports, with a similar gap TRADING TIPS expected in the December quarter likely to prolong SELL USD/INR weakness in the rupee. BELOW 55.00 Rupee stabilises further against dollar, up 24 FOR TGT paise 54.85/54.70 The Indian rupee stabilized further against the American SL 55.15 currency in the late morning trade by surging 24 paise to PAST 54.75 per dollar on persistent selling of dollar by banks PERFORMANCE REFERENCE RATE BUY USD/INR As on 1ST January 2013 ABOVE 55.20 FOR TGT UNDERLYING RATE 55.35/55.50 USDINR 54.8320 SL 55.05 EURINR 72.4803 UNEXECUTED GBPINR 89.2254 JPYINR 63.2100 www.epicresearch.co +919752199966
  • 3. DAILY MARKET STATISTICSPRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE Symbol Series/Expiry Unit Open High Low Close Prev. Close CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 EURINR 29-Jan-2013 1 EUR 72.6500 72.9900 72.6025 72.7175 72.7125 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 EURINR 26-Feb-2013 1 EUR 73.0275 73.1500 72.8175 72.9375 72.9750 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 29-Jan-2013 1 GBP 89.1975 89.3600 88.9600 89.2825 89.0950 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 GBPINR PEPPER 26-Feb-2013 42300 GBP 4255589.2675 7/19/2012 1 42250 89.6000 42390 89.2250 42435 89.5325 45 89.3650 0.11REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 JPYINR 29-Jan-2013 100 JPY 63.5300 63.9325 63.5300 63.6700 64.0525SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 JPYINR 26-Feb-2013 100 JPY 63.9675 64.1300 63.8700 63.8825 64.2550TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR WHEAT 29-Jan-2013 7/19/2012 1USD 1282 55.0525 1251 1251 55.1650 1246 54.9150 1282 55.0225 36 55.1500 2.89 USDINR 26-Feb-2013 1 USD 55.2150 55.4050 55.1625 55.2725 55.4025 USDINR 27-Mar-2013 1 USD 55.4600 56.0675 55.4075 55.5250 55.6525 www.epicresearch.co +919752199966
  • 4. DAILY USD/INR CHARTANALYSISOPEN: 54.9475HIGH: 55.1650LOW: 54.9150CLOSE: 55.0225  USD/INR LOOKS SIDEWAYS  TREND: CONSOLIDATED  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 5. DAILY EUR/INR CHARTANALYSISOPEN: 72.7500HIGH: 72.9900LOW: 72.6025CLOSE: 72.7175  EUR/INR LOOKS SIDEWAYS  TREND: CONSOLIDATED  STRATEGY: SELL ON RISE www.epicresearch.co +919752199966
  • 6. FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 1:45pm EUR Spanish Manufacturing 44.9 45.3 PMI 2:15pm EUR Italian Manufacturing PMI 45.4 45.1 7:30pm USD Final Manufacturing PMI 53.2 54.2 8:30pm USD ISM Manufacturing PMI 50.2 49.5 9:30pm USD Crude Oil Inventories -1.6M -1.0MDisclaimerThe 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

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