Forex report today 08 july 2013


Published on

Nifty Futures, Nifty Future tips, Stock Future Tips, Option Tips, Nifty Tomorrow, Stocks Tips For tomorrow, Nifty for Tomorrow, Nifty options strategies, Options Trading Tips, Future Tips, Options Tips

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Forex report today 08 july 2013

  1. 1. 9977785000 DAILY FOREX REPORT RESEARCH VIA 8/7/2013
  2. 2. MARKET HEADLINES  Rupee near record low; African bank big buyer The rupee is closing in on record high of 60.76 again on dollar demand by foreign banks. The rupee is at 60.45/46 versus 60.13/14 last close. Dealers say large African bank has been big buyers since Thursday, though the purpose not known. RBI presence is not yet spotted and dealers are on the watch. Local shares gained 0.6 per cent.  Euro eases against dollar, yen in Asia The euro remained weak against the dollar and the yen in Asian trade on Friday, after it dropped in Europe following announcements from the European Central Bank and the Bank of England. The single currency was changing hands at $1.2893 and 129.28 yen in Friday afternoon trade, down from $1.3000 and 129.62 yen in London Thursday. The dollar was up against the yen, fetching 100.28 yen against 99.71 yen.The US market was closed Thursday for a public holiday.  Sterling hits near 4-month low versus dollar Sterling fell to its lowest in nearly four months against the dollar on Friday, extending the previous day's falls after the Bank of England guided lower expectations of future interest rate hikes. Traders were also anticipating that the pound could fall further later in the day if key US jobs data comes in strong and fans expectations that the Federal Reserve will scale back stimulus. This would boost the dollar broadly. Sterling fell half a per cent on the day and broke below a reported options barrier at $1.5000 to hit $1.4996, its lowest since mid-March. More losses could see the pound target the March 12 low of $1.4832.
  3. 3. DAILY MARKET STATISTICS CURRENCY EXPIRY OPEN HIGH LOW CLOSE EURINR 29-Jul-13 77.9400 78.3225 77.6600 77.9550 EURINR 28-Aug-13 78.0850 78.6300 77.9950 78.2625 EURINR 26-Sep-13 78.6000 78.8000 78.5900 78.8000 GBPINR 29-Jul-13 90.9325 91.2650 90.6000 90.7175 GBPINR 28-Aug-13 91.3950 91.5625 90.9125 91.0275 JPYINR 29-Jul-13 60.1800 60.8525 60.0800 60.5225 JPYINR 28-Aug-13 60.3825 61.0850 60.3575 60.7900 USDINR 29-Jul-13 60.3200 60.8250 60.2250 60.5600 USDINR 28-Aug-13 60.5975 61.0800 60.5175 60.8225 USDINR 26-Sep-13 60.8525 61.3400 60.7750 61.0975 RBI REFERENCE RATE (As on 5TH JUNE 2013) UNDERLYING RATE USDINR 60.3395 EURINR 77.8085 GBPINR 90.7868 JPYINR 60.1400
  4. 4. USDINR DAILY ANALYSIS  S1-60.2483  S2-59.9367  PP-60.5367  R1-60.8483  R2-61.1367 PIVOT POINTS
  5. 5. EURINR DAILY ANALYSIS  S1- 77.6358  S2-77.3167  PP-77.9792  R1-78.2983  R2-78.6417 PIVOT POINTS
  6. 6. GBPINR DAILY ANALYSIS  S1-90.4567  S2-90.1958  PP-90.8608  R1-91.1217  R2-91.5258 PIVOT POINTS
  7. 7. 54.9950 JPYINR DAILY ANALYSIS  S1- 60.1175  S2- 59.7125  PP-60.4850  R1- 60.8900  R2- 61.2575 PIVOT POINTS
  8. 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.