DAILY FOREX REPORT 8th OCTOBER 2012WWW.EPICRESEARCH.CO +919752199966
HEADLINES Rupee continues to rule firm against dollar, up 24 paise The rupee erased some of the early gains in late morning trade, but was still up by 24 paise at 51.50 a dollar on persistent selling of the American currency by banks and exporters amid strong capital inflows after the government unleashed second phase of reforms TRADING TIPS yesterday Buy USD/INR Euro steady near 2-week high, yen firms on above 52.17 for BOJ targets of The euro eased but still held near a two-week high versus the dollar on Friday, finding support after the European 52.32/51.47 Central Bank said the previous day that it was ready to buy Stop loss 52.02 bonds of troubled euro zone members. PAST RBI REFERENCE RATE PERFORMANCE As on 5th October 2012 Sell USD/INR UNDERLYING RATE below 51.90 for USDINR 51.6185 EURINR 67.1735 targets of GBPINR 83.5704 51.75/51.60 JPYINR 65.8300 Target Acheivedwww.epicresearch.co +919752199966
FOREX FORTHCOMING DATATIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 3:30pm EUR German Industrial -0.4% 1.3% Production m/mDisclaimerThe 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 tochoose the product/s that suits them the most.Sincere efforts have been made to present the right investment perspective. The information contained hereinis based on analysis and up on sources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The reportdoes not provide individually tailor-made investment advice. Epic research recommends that investorsindependently evaluate particular investments and strategies, and encourages investors to seek the advice ofa financial adviser. Epic research shall not be responsible for any transaction conducted based on theinformation 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 informationherein, together with all estimates and forecasts, can change without notice. Analyst or any person related toepic research might be holding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any views expressed asa recommendation for which either the site or its owners or anyone can be held responsible for . Anysurfing 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 lossincurred whatsoever for any financial profits or loss which may arise from the recommendations aboveepic research does not purport to be an invitation or an offer to buy or sell any financial instrument. OurClients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS orReport or Any Information Provided by us to/with anyone which is received directly or indirectly by them. Iffound so then Serious Legal Actions can be taken.