WEEKLY FOREX REPORT BY EPIC RESEARCH-02 APRIL 2012

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Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday …

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.

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  • 1. weekly Forex Report (02 APR 2012)Weekly News  Rupee down 12.35 pct in 2011/12 fiscal year; gains on the day.  Euro rises, but remains vulnerable to sovereign debt worries.  Month-end, quarter-end flows weigh on dollar.  Spain budget aims to save 27 bln Euros.   Euro posts second weekly gain; Aussie stabilizes.Weekly trends of thenext week to discuss rescue deal.  EZ finance ministers meet market  China outlook to continue to influence currencies.   The euro rallied against the dollar and the yen after budget cuts in Spain boosted hopes the country could stick to an austerity path, though mixed U.S. data capped some gains.  Spain presented a budget that aims to save more than 27 billion euros in 2012 through  spending cuts and course as U.S. outlook improves. Dollar rally seen on revenue increases. Also in Europe, euro zone finance ministers agreed to strengthen their financial firewall to contain the regions debt crisis.  Speculators increase bets against yen in latest week.  The Indian rupee suffered the worst fall in four months, shedding 3.68 percent in  March, touches 5-mth high vs dollar. Sterling hammered by investor jitters over the impact of high global oil prices on an economy still licking the wounds of a fierce inflation battle that has crimped growth and  Aussie rises, yen slips as regional shares climb. widened deficits. The rupee put on a good show aided by a surge in local stocks and dollar sales by exporters trying to cash in on the last session of the 2011/12 fiscal year.  The Australian dollar hugged a tight range versus the U.S. dollar as major currencies trod water ahead of U.S. payrolls due data later in the day, but extended its decline against the kiwi dollar to hit a five-month low. 
  • 2. www.epicresearch.co +919993959693 WEEKLY CHARTS EUR/USD USD/JPY www.epicresearch.co +919993959693
  • 3. www.epicresearch.co +919993959693 GBP/USD USD/INR www.epicresearch.co +919993959693
  • 4. www.epicresearch.co +919993959693 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible 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 incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. www.epicresearch.co +919993959693