www.epicresearch.co +919752199966 HEADLINESSterling dips against the dollar, seeking signs of UKimprovementSterling slipped against the dollar on Tuesday,slipping away from a two-and-a-half month high, inthe absence of any new evidence of furtherimprovement in the UK economy.Euro slips but dollar weakness to limit fallThe euro fell but although losses are likely to belimited by expectations Feds ultra-loose policy will bemaintained and weigh on the dollar.Dollar subdued as low inflation alters FederalReserve calculusThe dollar hovered near its lowest level in roughlytwo weeks as declining bond yields and slowinginflation put pressure on the Federal Reserve.RBI REFERENCE RATEAs on 30hAPRIL 2013UNDERLYING RATEUSDINR 54.2190EURINR 70.9700GBPINR 84.0015JPYINR 55.4700 TRADING TIPS BUY USD /INRABOVE 53.98for TGTS of54.10/54.18 PASTPERFORMANCEBUY JPY /INRABOVE 55.60 forTGTS of55.70/55.981 ST TGT ACHIVE
DAILY EUR/INR CHARTANALYSISOPEN 71.11 HIGH 71.27 LOW 70.50 CLOSE 70.52www.epicresearch.co +919752199966
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