Epic Research offers perfect Forex Signals for their clients that gives accurate results. Our research team with its past experience prepares live charts and track-sheets of IForex Signals through which traders can earn maximum profit from the market place. This report helps you to achieve desired success in the SGX Stock Exchange.
2. Forex- Dollar remains broadly lower with U.S. data on tap.
Forex- Sterling hits session lows as UK growth slows sharply.
Forex- Euro steady against dollar ahead of U.S. data
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date:29-Apr
INTERNATIONAL CURRENCY BUZZ
GBP/USD
EUR/USD
GBP/USD hit lows of 1.5177 immediately following the release of the data and was last at
1.5212 from around 1.5225 ahead of the data. Sterling hit highs of 1.5260 earlier Tuesday, the
most since March 6.The pound retreated from two-month highs against the dollar on Tuesday
after data showed that U.K. economic growth slowed more sharply than expected in the first
three months of the year. The Office of National Statistics said gross domestic product ex-
panded 0.3% in the three months to March, slowing from 0.6% in the final quarter of 2014. It
was the slowest rate of growth since the fourth quarter of 2012.The consensus forecast among
economists was for a more moderate slowdown to 0.5%.
EUR/USD was at 1.0883, not far from Monday’s three-week peaks of 1.0926.The euro was
steady close to three week highs against the dollar on Tuesday supported by hopes for a break-
through on Greece’s debt negotiations, as investors awaited U.S. fresh economic reports later
in the day. The euro found support after Greek Prime Minister Alexis Tsipras reshuffled the
team handling talks with the country’s international lenders, fuelling optimism that a deal will
be reached by early May. Traders were looking ahead to the S&P/Case Shiller housing index
and a report on U.S. consumer confidence later in the day for further indications on the
strength of the recovery, ahead of Wednesday’s Federal Reserve policy announcement.
3. Iforex Market Insight
Date:29-Apr
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, April 29, 2015
All Day Holiday Japan - Showa Day
02:00 USD API Weekly Crude Stock 1.400M 5.500M
04:15 NZD Trade Balance (YoY) (Mar) -2,740M -2,180M
04:15 NZD Trade Balance (MoM) (Mar) 341M 50M
06:30 NZD ANZ Business Confidence (Apr) 35.8%
11:30 GBP Nationwide HPI (YoY) (Apr) 4.1% 5.1%
11:30 GBP Nationwide HPI (MoM) (Apr) 0.2% 0.1%
17:30 EUR German CPI (MoM) (Apr) -0.1% 0.5%
18:00 USD GDP (QoQ) (Q1) 1.0% 2.2%
18:00 USD GDP Price Index (QoQ) 0.5% 0.1%
18:00 CAD RMPI (MoM) (Mar) -1.8% 6.1%
19:30 USD Pending Home Sales (MoM) (Mar) 1.0% 3.1%
20:00 USD Crude Oil Inventories 2.300M 5.315M
23:30 USD FOMC Statement
23:30 USD Fed Interest Rate Decision 0.25% 0.25%
5. 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 inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial 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 .
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 recommen-
dation 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.
EPIC RESEARCH SINGAPORE