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weekly Forex Report (16 APR 2012)Weekly News          Euro dips, data shows Spanish banks reliance on ECB.          Auss...
www.epicresearch.co +919993959693                             WEEKLY CHARTS   EUR/USD   USD/JPY                           ...
www.epicresearch.co +919993959693   GBP/USD   USD/INR                                    www.epicresearch.co +919993959693
www.epicresearch.co +919993959693   Disclaimer   The information and views in this report, our website & all the service w...
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WEEKLY FOREX REPORT BY EPIC RESEARCH-16 APRIL 2012

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

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WEEKLY FOREX REPORT BY EPIC RESEARCH-16 APRIL 2012

  1. 1. weekly Forex Report (16 APR 2012)Weekly News  Euro dips, data shows Spanish banks reliance on ECB.  Aussie falls as China growth disappoints.  Sterling near 3-mth high vs euro, 19-mth trade-weighted peak.  Euro break below 2012 low of 82.22 pence could open test of 80.   Euro rises, but remains vulnerable to sovereign debt worries.Weekly trends of the market dollar.  Month-end, quarter-end flows weigh on  Spain budget aims to save 27 bln Euros.  The euro slipped as Spanish bond yields rose on data showing the countrys banks were  relying heavily on ECB lending, although the common currency looked unlikely to break out of  recentposts second weekly gain; Disappointing Chinese GDP data also weighed on the euro its Euro range against the dollar. Aussie stabilizes.  EZ finance ministers meet next week0.5 discuss rescue deal. U.S. counterpart. The Chinese and pushed the Australian dollar down to percent against its economy grew 8.1 percent in the first quarter of 2012, below forecasts of 8.3 percent.  China outlook to continue to influence currencies.  The yuan edged higher after the central bank set its second-highest midpoint ever in  response to a weaker dollar, but dealers doubted that the gains pointed to a renewed appreciation trend. Chinas central bank tends to set a stronger midpoint in response to a  weaker dollar overnight, and vice versa, but the relative magnitudes vary. First-quarter GDP  Dollar rallythe Chinese economy grew 8.1 percent from a year earlier, down from 8.9 data showed seen on course as U.S. outlook improves. percent in the fourth quarter last year and slower than the 8.3 percent economists had  Speculators increase bets against yen in latest week. expected. The growth rate was also 8.1 percent in the second quarter of 2009, when the  Sterling touches 5-mth high vs dollar.trillion yuan stimulus plan The weak new GDP figure government was starting to roll out a 4 could reinforce expectations that the government will hold the yuan steady in the near term.  Aussie rises, yen slips as regional shares climb.
  2. 2. www.epicresearch.co +919993959693 WEEKLY CHARTS EUR/USD USD/JPY www.epicresearch.co +919993959693
  3. 3. www.epicresearch.co +919993959693 GBP/USD USD/INR www.epicresearch.co +919993959693
  4. 4. www.epicresearch.co +919993959693 Disclaimer 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 independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial 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 of NSE and BSE. 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 recommendation 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. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. www.epicresearch.co +919993959693

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