WEEKLY FOREX REPORT BY EPIC RESEARCH- 19 NOVEMBER 2012

198 views

Published on

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Currency Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack NCDEX Tips and Free Stock Tips. We provide services in equity, commodity and Forex market.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
198
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

WEEKLY FOREX REPORT BY EPIC RESEARCH- 19 NOVEMBER 2012

  1. 1. WEEKLY FOREX REPORT 19th NOVEMBER 2012WWW.EPICRESEARCH.CO +919752199966
  2. 2.  HEADLINES Rupee, stocks plunge on concerns of fiscal slippage The rupee and the shares were pummeled on Friday as investors grew sceptical about the governments ability to deliver on the fiscal promise and the conflict in the Middle East escalated, which could push up oil prices, Indias Achilles heel. Forex reserves plunge by $781.5 million: RBI The foreign exchange reserves continued to dip for the second straight week, falling by USD 781.5 million to  RBI REFERENCE RATE USD 293.56 billion due to a decline in the core currency assets.Foreign currency assets, a major As on 16TH November 2012 component of the forex reserves, were down by USD 751.8 million to USD 258.71 billion for the week ended November 9, the Reserve Banks said in its weekly UNDERLYING RATE statistical supplement today. USDINR 54.9915 Dollar index rises to two-month high EURINR 70.2230 The dollar index rose to its highest in two months on GBPINR 87.2110 Friday, buoyed by safe-haven inflows into the U.S. JPYINR 67.8800 currency amid worries about fiscal woes in the United States and the euro zone debt crisis.The index was up 0.2 percent to hit a high of 81.261, its highest level since Sept. 6.www.epicresearch.co +919752199966
  3. 3. PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS (As on 16THNovember 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-Nov-2012 7/19/2012 1188 EUR 1188 70.0400 1 1178 70.5175 1183.570.0300 1178 70.4650 -5.5 70.0700 -0.46 EUR-INR JEERA 27-Dec-2012 7/19/2012 14955EUR 1496070.4300 1 14650 70.8200 15052.570.3800 14800 70.7575 -252.5 70.3725 -1.68 GBP-INR KAPAS 27-Nov-2012 7/19/2012 1044 GBP 1053 87.1300 1 1035 87.7500 1049 87.1300 1041 87.6150 -8 87.0125 -0.76 GBP-INR PEPPER 27-Dec-2012 42300GBP 4255587.5900 7/19/2012 1 42250 88.1000 42390 87.5350 42435 87.9750 45 87.3700 0.11 JPY-INRREF SOYA 29-Jan-2013 7/19/2012 780.5 JPY 783.6 67.7725 100 777.4 68.2900 782.8567.7425 781.3 68.1500 -1.55 67.6400 -0.2 JPY-INRSOY BEAN 27-Nov-2012 7/19/2012 4309 JPY 4330 68.1000 100 4265.5 68.5400 4303 68.0025 4315 68.3775 12 67.8900 0.28 USD-INRTURMERIC 27-Dec-2012 7/19/2012 4600 USD 4676 54.9200 1 4518 55.3700 4664 54.9200 4540 55.3150 -124 54.9150 -2.66 USD-INR WHEAT 7/19/2012 27-Nov-2012 1251 USD 1282 55.3300 1 1251 55.6250 1246 55.1975 1282 55.5600 36 2.89 55.1775 USD-INR 29-JAN-2013 1 USD 55.4625 55.8625 55.4325 55.7825 55.3950 www.epicresearch.co +919752199966
  4. 4. WEEKLY USD/INR CHARTANALYSISOPEN: 54.7400HIGH: 55.3700LOW: 54.6900CLOSE: 55.3200 USD/INR LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPS
  5. 5.  WEEKLY EUR/INR CHARTANALYSISOPEN: 69.6600HIGH: 70.5200LOW: 69.6000CLOSE: 70.4700 EUR/INR LOOKS UPWARDS TREND: BULLISH STRATEGY: BUY ON DIPSwww.epicresearch.co +919752199966
  6. 6. FOREX FORTHCOMING EVENTSDAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS MONDAY 8.30 PM USD Existing Home Sales 4.76M 4.75M TUESDAY 5.00 PM EUR Eurogroup Meetings TUESDAY 7.00 PM USD Building Permits 0.87M 0.89MWEDNESDAY 3.00 PM GBP Public Sector Net Borrowing 4.1B 10.7BWEDNESDAY 7.00 PM USD Unemployment Claims 397K 439KTHURSDAY 1.30 PM EUR French Flash Manufacturing PMI 44.1 43.7THURSDAY 2.00 PM EUR German Flash Manufacturing PMI 45.9 46.0THURSDAY Tentative EUR Spanish 10-y Bond Auction 5.46|1.9 FRIDAY 2:30pm EUR German Ifo Business Climate 99.6 100.0DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, butwe do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose theproduct/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 materialis 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 of afinancial adviser. Epic research shall not be responsible for any transaction conducted based on the informationgiven 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 . Any surfingand 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 theaccuracy or the completeness thereof. we are not responsible for any loss incurredwhatsoever for any financial profits or loss which may arise from the recommendations above epic researchdoes not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid OrUnpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or AnyInformation Provided by us to/with anyone which is received directly or indirectly by them. If found so thenSerious Legal Actions can be taken.

×