DAILY FOREX REPORT 12th APRIL 2013WWW.EPICRESEARCH.CO +919752199966
HEADLINES Euro climbs to more than three-year high versus yen The euro hit a more than three-year high against the yen on Thursday, extending gains as the Japanese currency came under broad pressure from the Bank of Japans radical easing programme. The euro rose around 0.3 percent on the day to 130.835 yen, its TRADING TIPS highest level since January 2010. Gains against the yen BUY USD/INR helped the euro rise 0.4 percent to a one-month high against the dollar of $1.31325. ABOVE 54.55 for Yuan drifts slightly lower from record high, outlook murky TGTS of The yuan closed slightly lower against the dollar on 54.70/54.85 Thursday after the Peoples Bank of China (PBOC) fixed PAST a moderately weaker official midpoint to guide the Chinese currency away from a record high hit a day PERFORMANCE earlier, traders said. BUY EUR/INR RBI REFERENCE RATE ABOVE 71.20 for As on 10th APRIL 2013 TGTS of UNDERLYING RATE 71.35/71.05 USDINR 54.5340 TARGET HIT EURINR 71.3260 GBPINR 83.5952 JPYINR 55.0300www.epicresearch.co +919752199966
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