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Research Via is a leading financial services provider with presence in Indian and other global capital markets. Research Via Indore provide services in MCX, NCDEX, Forex, Equity & Futures.

Research Via is a leading financial services provider with presence in Indian and other global capital markets. Research Via Indore provide services in MCX, NCDEX, Forex, Equity & Futures.

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  • 1. www.researchvia.com 9977785000 DAILY FOREX REPORT RESEARCH VIA 4/7/2013
  • 2. MARKET HEADLINES  Rupee tanks below 60 mark; down by 72 p vs US Dollar The Rupee is extending losses tailing stock weakness, euro losses also hurting, says dealer. The pair is at 60.38/39, up from an intraday high of 59.84. The Rupee has immediate resistance at 60.40. Dealers say no RBI presence suspected for now, but on watch. This is the first time since June 27 that the domestic currency tips has fallen below the 60 level. Rupee had touched an all-time low of 60.76 against the dollar on June 26.  Sterling rises, gilt futures pare gains after robust UK services PMI Sterling rose to a session high versus the dollar while gilt futures pared gains on Wednesday after a survey showed that Britain's services sector grew at its fastest rate in more than two years in June. Sterling rose 0.4 percent to the day's high of $1.5214 from $1.5168 before the data. It recovered from a one-month low of $1.5130, hit earlier in the day. The euro fell 0.7 percent to a session low of 85.05 pence from 85.32 pence beforehand. British government bond futures pared earlier hefty gains by more than 15 ticks after the release of the data, with the September contract dropping as low as 113.02 from a level of 113.20 just before the data.  Yuan little changed; PBOC favors stability amid regional declines China's yuan was little changed on Wednesday after the central bank's recent fixings signalled a desire for stability amid falls in emerging Asian equities and currencies. Spot yuan traded at 6.1321 per dollar near midday, up 0.01 per cent from Tuesday's close. The People's Bank of China (PBOC) fixed its midpoint at 6.1803 per dollar on Wednesday, 0.05 per cent weaker than Tuesday's fix.
  • 3. DAILY MARKET STATISTICS CURRENCY EXPIRY OPEN HIGH LOW CLOSE EURINR 29-Jul-13 77.8175 78.6675 77.8175 78.5125 EURINR 28-Aug-13 78.3000 78.9500 78.3000 78.8500 EURINR 26-Sep-13 78.7000 79.2000 78.7000 78.9000 GBPINR 29-Jul-13 91.1375 92.5400 91.0875 92.4025 GBPINR 28-Aug-13 91.4325 92.8300 91.4050 92.7150 JPYINR 29-Jul-13 60.4750 61.0300 59.6950 60.8950 JPYINR 28-Aug-13 59.9950 61.2575 59.9325 61.0975 USDINR 29-Jul-13 60.2750 60.7525 60.0400 60.6175 USDINR 28-Aug-13 60.4500 61.0100 60.4050 60.8725 USDINR 26-Sep-13 60.6850 61.2500 60.6525 61.1150 RBI REFERENCE RATE (As on 3RD JUNE 2013) UNDERLYING RATE USDINR 60.1005 EURINR 77.9505 GBPINR 91.0703 JPYINR 59.6500
  • 4. USDINR DAILY ANALYSIS  S1-60.1875  S2-59.7575  PP-60.4700  R1-60.9000  R2-61.1825 PIVOT POINTS
  • 5. EURINR DAILY ANALYSIS  S1- 77.9975  S2-77.4825  PP-78.3325  R1-78.8475  R2-79.1825 PIVOT POINTS
  • 6. GBPINR DAILY ANALYSIS  S1-91.4800  S2-90.5575  PP-92.0100  R1-92.9325  R2-93.4625 PIVOT POINTS
  • 7. 54.9950 JPYINR DAILY ANALYSIS  S1- 60.0500  S2- 59.2050  PP-60.5400  R1- 61.3850  R2- 61.8750 PIVOT POINTS
  • 8. DISCLAIMER All data and reports at Research Via are only information services for subscribers and are not individualized recommendations to buy or sell securities, nor offers to buy or sell securities. Under any circumstances the subscription amount paid to Research Via are not refundable. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. This Website is for information purposes only. The information contained on this should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for the units of the schemes of Research Via. Research Via is neither responsible nor liable for third party content provided or content from any other aspect of any other Website, which may be accessed from this Website. A possibility exists that the site could include inaccuracies or errors. Additionally, a possibility exist that unauthorized additions, deletions or alterations could be made by third parties to the site. Although Research Via attempts to ensure the integrity, correctness and authenticity of the site, it makes no guarantees whatsoever as to its completeness, correctness or accuracy. In the event, that such an inaccuracy arises, please inform Research Via so that it can be corrected. Research Via and its owners/affiliates are not liable for damages caused by any performance, failure of performance, error, omission, interruption, deletion, defect, delay in transmission or operations, computer virus, communications line failure, and unauthorized access to the personal accounts. Research Via is not responsible for any technical failure or malfunction of the software or delays of any kind. We are also not responsible for non-receipt of registration details or e-mails. Research Via is not responsible for the content of any of the linked sites. By providing access to other web-sites, Research Via is neither recommending nor endorsing the content available in the linked websites.