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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
Tentative
JPY
Monetary Policy Statement - -
Tentative
JPY
BOJ Press Conference - -
2:00pm
GBP
Trade Balance -9.1B -8.0B
6:00pm
USD
Average Hourly Earnings m/m 0.2% 0.0%
6:00pm
USD
Non-Farm Employment Change 220K 223K
6:00pm
USD
Unemployment Rate 5.3% 5.3%
Rupee depreciates against US dollar.
BoE vote, warning on inflation hurts sterling, helps gilts.
UK industrial output unexpectedly falls in June.
Eurozone retail PMI surges to highest since January 2011.
Swiss franc hit 5-mth low vs euro, expectations of more SNB action
grow.
Malaysian ringgit hits fresh 17-year low on falling bind prices.
China's yuan steady, unmoved by proposed delay for IMF to add to
SDR basket.
News FLASH
Economic calendar – Aug 07
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.9000 63.8000 63.7000 64.1000 64.2000 64.3000
EURINR 69.6000 69.5000 69.4000 69.9000 70.0000 70.1000
GBPINR 99.0000 98.8000 98.6000 99.3000 99.5000 99.7000
JPYINR 51.2000 51.1000 51.0000 51.4000 51.5000 51.6000
JPYINR on its daily charts sustained around the lower consolidation after gap down opening and so bears
tend to continue if it sustained below the level of 51.2500.
Pivot table
TECHNICAL VIEW
JPYINR