Weekly forex-report by epic research 17 dec 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 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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Weekly forex-report by epic research 17 dec 2012

  2. 2.  HEADLINES Rupee hits over 1-week low vs dollar The rupee fell to its lowest in more than a week in late trade on Friday on suspected heavy dollar buying by a large state-run bank that several dealers said appeared to be on behalf of defense-related state-run companies. At 1044 GMT, the rupee was at 54.58/60 per dollar, after falling to as much as 54.70, from levels of around 54.35-54.40 before the falls. Sterling falls vs euro after UK outlook downgrade  RBI REFERENCE RATE Sterling hit its lowest level in more than a week against the euro on Friday after Standard & Poors lowered its As on 14THDECEMBER 2012 outlook on UK government debt to negative, although downside was seen as limited as a ratings downgrade was not imminent.The downgrade puts S&Ps outlook UNDERLYING RATE on the UK in line with other ratings agencies Fitch and USDINR 54.3880 Moodys. S&P said it sees a one-in-three chance that Britain will lose its prized triple-A credit rating. EURINR 71.2920 GBPINR 87.7822 Swiss franc hits 7-month high vs dollar on Fed JPYINR 64.8600 buying plan The Swiss franc pushed higher against the dollar on Friday adding to four straight sessions of gains and hitting its highest since early May after the U.S. Federal Reserve said it would extend its bond buying programme.www.epicresearch.co +919752199966
  3. 3. PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS (As on 7THDecember 2012) CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Symbol Series/Expiry Unit Open High Low Close Prev. Close CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 EUR-INR GUR 27-Dec-2012 7/19/2012 1188 EUR 1188 71.3000 1 1178 71.5900 1183.571.1425 1178 71.4675 -5.5 71.2675 -0.46 EUR-INR JEERA 29-Jan-2013 7/19/2012 14955EUR 1496071.7200 1 14650 71.8300 15052.571.4050 14800 71.7175 -252.5 71.5175 -1.68 GBP-INR KAPAS 27-Dec-2012 7/19/2012 1044 GBP 1053 87.9000 1 1035 88.1900 1049 87.6900 1041 88.0175 -8 88.0025 -0.76 GBP-INR PEPPER 29-Jan-2013 7/19/2012 42300GBP 4255588.3075 1 42250 88.4975 42390 88.0000 42435 88.3300 45 88.3025 0.11 JPY-INRREF SOYA 27-Dec-2012 7/19/2012 780.5 JPY 783.6 65.1575 100 777.4 65.3500 782.8564.8800 781.3 65.2000 -1.55 65.4625 -0.2 JPY-INRSOY BEAN 29-Jan-2013 7/19/2012 4309 JPY 4330 65.4350 100 4265.5 65.6025 4303 65.1925 4315 65.4275 12 65.7475 0.28 USD-INRTURMERIC 27-Dec-2012 7/19/2012 4600 USD 4676 54.6475 1 4518 54.7275 4664 54.3725 4540 54.6125 -124 54.6225 -2.66 USD-INR WHEAT 7/19/2012 29-Jan-2013 1251 USD 1282 54.8825 1 1251 54.9750 1246 54.6325 1282 54.8850 36 2.89 54.8775 USD-INR 26-Feb-2013 1 USD 55.1275 55.2150 54.8800 55.1375 55.1000 www.epicresearch.co +919752199966
  5. 5.  WEEKLY EUR/INR CHARTANALYSISOPEN: 70.4900HIGH: 71.3400LOW: 70.2200CLOSE: 71.2700 EUR/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: BUY ON DIPSwww.epicresearch.co +919752199966
  6. 6. FOREX FORTHCOMING EVENTSDAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS TUESDAY 3:00 PM GBP CPI y/y 2.6% 2.7% TUESDAY TENTATIVE GBP BOE Inflation LetterWEDNESDAY 2:30 PM EUR German Ifo Business Climate 101.9 101.4WEDNESDAY 3:00pm GBP MPC Meeting Minutes 0-0-9 0-0-9WEDNESDAY 7:00pm USD Building Permits 0.87M 0.87MTHURSDAY 3:00 PM USD Retail Sales m/m 0.2% -0.8%THURSDAY 7:00pm USD Unemployment Claims 350K 343KTHURSDAY 8:30pm USD Existing Home Sales 4.85M 4.79M FRIDAY 3:00pm GBP Public Sector Net Borrowing 14.8B 6.5B FRIDAY 7:00pm USD Core Durable Goods Orders m/m -0.1% 1.8% 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, togethe r 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 +919752199966