1. DAILY I FOREX REPORT
8TH MARCH 2013
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2. HEADLINES
 Forex: EUR/JPY, EUR/USD
And GBP/USD Primed For
ECB, BOE
 EUR/USD- Trading The
European Central Bank
(ECB) Rate Decision
TRADING TIPS  EUR/USD- Trading The
European Central Bank
 BUY EURUSD ABOVE (ECB) Rate Decision
1.3045 tgs Pound May Fall as BOE Expands
1.3065/1.3085 sl 1.3015 QE, Euro Eyes Draghi Comments
Monetary policy announcements from the
European Central Bank and the Bank of
England are in focus in European hours.
 BUY USDJPY ABOVE Economists expect the BOE will maintain its
asset-purchase program at £375 billion, but a
94.25 tgt 94.45/94.65
plausible case for an increase in stimulus
SL 93.95 seems to have emerged. February’s MPC
meeting minutes showed three policymakers
(King, Miles and Fisher) voting to boost
purchases by £25 billion. Last week, Deputy
 SELL GBPUSD BELOW Governor Paul Tucker likewise seemed
receptive, saying he was “open to doing more”
1.4965 tgt and adding that “nobody on the committee
thinks that QE [is not] a useful instrument
1.4945/1.4925 SL anymore”. That means the doves need to
secure just one more vote on the 9-member
1.4995 MPC to get their way. Such an outcome is
likely to weigh further on the British Pound
and we continue to hold short.
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3.  HOURLY EURUSD CHART
HOURLY EURUSD CHART

ANALYSIS
OPEN: 1.2978
HIGH: 1.3044
LOW: 1.2975
CLOSE: 1.3010
 EURUSD LOOKS UPWARD
 TREND : BULLISH
 STRATEGY: BUY ON DEEPS
 MACD =>-.000(BULLISH SIGNAL)
 RSI => 50(BULLISH SIGNAL)

4. HOURLY USDJPY CHART
 HOURLY USDJPY CHART
ANALYSIS
OPEN: 93.93
HIGH: 94.23
LOW: 93.79
CLOSE: 94.15
 USDJPY LOOKS UPWARD
 TREND: BULLISH
 STRATEGY: BUY ON DEEPS
 MACD => -0.02( BULLISH SIGNAL)
 RSI =>69(BULLISH SIGNAL)

5.  HOURLY GBPUSD CHART
HOURLY GBPUSD CHART
ANALYSIS
OPEN: 1.4994
HIGH: 1.5013
LOW: 1.4968
CLOSE: 1.4994
 GBPUSD LOOKS DOWNWARD
 TREND: BEARISH
 STRATEGY: SELL ON RISE
 MACD => .005( BEARISH SIGNAL)
 RSI => 34(BEARIISH SIGNAL)

6. HOURLY EURGBP CHART
HOURLY EURGBP CHART
ANALYSIS
OPEN: 0.8655
HIGH: 0.8698
LOW: 0.8652
CLOSE: 0.8678
 EURGBP LOOKS UPWARDS
 TREND: BULLISH
 STRATEGY: BUY ON DEEPS
 MACD =>-.003(BULLISH SIGNAL)
 RSI =>62(BULLISH SIGNAL)
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7. HOURLY USDINDEX CHART
ANALYSIS
OPEN: 82.5670
HIGH: 82.5940
LOW: 81.2940
CLOSE: 82.3870
 USDINDEX LOOKS UPWARD
 TREND: BULLISH
 STRATEGY: BUY ON DEEPS
 MACD =>0.79(BULLISH SIGNAL)
 RSI =>59(BULLISH SIGNAL)

8. ECONOMIC CALENDER
Date Time Currency Event Importance Actual Forecast Previous Notes
Mon GBP BoE/GfK Inflation Next
Mar 4
Medium 3.5%
12 Mths (FEB)
NZD ANZ Commodity Price
00:00 Low 1.0% 0.3%
(FEB)
GBP Lloyds Business
00:01 Low 13 15
Barometer (FEB)
GBP Hometrack Housing
00:01 Low -0.1% -0.3%
Survey (YoY) (FEB)
GBP Hometrack Housing
00:01 Low 0.1% 0.0%
Survey (MoM) (FEB)
JPY Confirmation Hearing
00:30 for BoJ Governor Nominee Medium
Kuroda
00:30 AUD Inventories (4Q) Low 0.2% 0.6% 1.2%
AUD Company Operating
00:30 Low -1.0% -1.0% -2.7%
Profit (QoQ) (4Q)
AUD Building Approvals
00:30 Low 9.9% 8.1% 12.4%
(YoY) (JAN)
AUD Building Approvals
00:30 Low -2.4% 2.8% -1.7%
(MoM) (JAN)
AUD ANZ Job
00:30 Advertisements (MoM) Low 3.0% 0.6%
(FEB)
GBP Purchasing Manager
09:30 Medium 46.8 49 48.7
Index Construction (FEB)
EUR Euro-Zone Sentix
09:30 Medium -10.6 -4.3 -3.9
Investor Confidence (MAR)
EUR Euro-Zone Producer
10:00 High 1.9% 1.9% 2.1%
Price Index (YoY) (JAN)
EUR Euro-Zone Producer
10:00 Medium 0.6% 0.5% -0.2%
Price Index (MoM) (JAN)
EUR Euro-Area Finance
14:00 High
Ministers Meet in Brussels
14:45 USD ISM New York (FEB) Low 56.7
AUD AiG Performance of
22:30 Medium 45.3
Service Index (FEB)
Tue GBP Halifax Plc House
Low 0.2% -0.2%
Mar 5 Prices s.a. (MoM) (FEB)

9. GBP Halifax House Price
Low 1.7% 1.3%
(3MoY) (FEB)
GBP BRC Sales Like-For-
00:01 Low 1.0% 1.9%
Like YoY (FEB)
AUD Retail Sales s.a.
00:30 Medium 0.4% -0.2%
(MoM) (JAN)
AUD Current Account
00:30 Balance (Australian Dollar) Medium -15300M -14900M
(4Q)
AUD Australia Net Exports
00:30 Low 0.5 0.1
of GDP (4Q)
JPY Labor Cash Earnings
01:30 Medium -1.7%
(YoY) (JAN)
01:45 HSBC Services PMI (FEB) Medium 54
AUD Reserve Bank of
03:30 Australia Rate Decision High 3.00% 3.00%
(MAR 5)
EUR Italian Purchasing
08:45 Manager Index Services Medium 43.5 43.9
(FEB)
EUR French Purchasing
08:50 Manager Index Services Medium 42.7 42.7
(FEB F)
EUR German Purchasing
08:55 Manager Index Services Medium 54.1 54.1
(FEB F)
EUR Euro-Zone Purchasing
09:00 Manager Index Services Medium 47.3 47.3
(FEB F)
EUR Euro-Zone Purchasing
09:00 Manager Index Composite Medium 47.3 47.3
(FEB F)
GBP Purchasing Manager
09:30 Medium 51 51.5
Index Services (FEB)
GBP Official Reserves
09:30 Low $565M
(Changes) (FEB)
EUR Euro-Zone Retail
10:00 High -2.9% -3.6%
Sales (YoY) (JAN)
EUR Euro-Zone Retail
10:00 Medium 0.3% -0.9%
Sales (MoM) (JAN)
USD ISM Non-
15:00 Manufacutring Composite Medium 55 55.2
(FEB)
USD IBD/TIPP Economic
15:00 Low 47.2 47.3
Optimism (MAR)
NZD Value of All Buildings
21:45 Low 3.0% 9.6%
SA (4Q)
Wed JPY Bankruptcies (YoY)
Medium -5.2%
Mar 6 (FEB)
GBP New Car Registrations
Low 11.5%
(YoY) (FEB)

10. GBP BRC Shop Price Index
00:01 Low 0.6%
(YoY) (FEB)
AUD Gross Domestic
00:30 High 3.0% 3.1%
Product (YoY) (4Q)
AUD Gross Domestic
00:30 High 0.6% 0.5%
Product (QoQ) (4Q)
EUR Euro-Zone Gross
10:00 Domestic Product s.a. (YoY) High -0.9% -0.9%
(4Q P)
EUR Euro-Zone Gross
10:00 Domestic Product s.a. High -0.6% -0.6%
(QoQ) (4Q P)
EUR Euro-Zone Household
10:00 Medium 0.0%
Consumption (QoQ) (4Q P)
EUR Euro-Zone Gross
10:00 Medium -0.7%
Fixed Capital (QoQ) (4Q P)
EUR Euro-Zone
10:00 Government Expenditure Low -0.2%
(QoQ) (4Q P)
USD MBA Mortgage
12:00 Low -3.8%
Applications (MAR 1)
USD ADP Employment
13:15 Medium 168K 192K
Change (FEB)
USD Fed's Plosser Speaks
13:15 on Economic Outlook in Low
Lancaster, PA
CAD Bank of Canada Rate
15:00 High 1.00% 1.00%
Decision (MAR 6)
15:00 USD Factory Orders (JAN) Medium -2.2% 1.8%
Ivey Purchasing Managers
15:00 Medium 58.9
Index SA (FEB)
USD DOE U.S. Gasoline
15:30 Low -1857K
Inventories (MAR 1)
USD DOE U.S. Distillate
15:30 Low 557K
Inventory (MAR 1)
USD DOE U.S. Crude Oil
15:30 Low 1130K
Inventories (MAR 1)
USD DOE Cushing OK
15:30 Low -75K
Crude Inventory (MAR 1)
USD U.S. Federal Reserve
19:00 Medium
Releases Beige Book
AUD AiG Performance of
22:30 Medium 36.2
Construction Index (FEB)
NZD QV House Prices
23:00 Low 6.2%
(YoY) (FEB)
JPY Official Reserve Assets
23:50 Low $1267.3B
(FEB)
JPY Japan Buying Foreign
23:50 Low -¥106.4B
Stocks (Yen) (MAR 1)

11. JPY Japan Buying Foreign
23:50 Low -¥665.4B
Bonds (Yen) (MAR 1)
JPY Foreign Buying Japan
23:50 Low ¥190.4B
Stocks (Yen) (MAR 1)
JPY Foreign Buying Japan
23:50 Low -¥82.6B
Bonds (Yen) (MAR 1)
Thu JPY Bank of Japan Rate
Mar 7
High 0.10% 0.10%
Decision (MAR 7)
EUR German Wholesale
Low 2.3%
Price Index (YoY) (FEB)
EUR German Wholesale
Low 0.3%
Price Index (MoM) (FEB)
AUD Trade Balance
00:30 Medium -427M
(Australian dollar) (JAN)
JPY Leading Index (JAN P)
05:00 Medium 93.4
(JAN P)
JPY Coincident Index (JAN
05:00 Low 92.6
P) (JAN P)
AUD Foreign Reserves
05:30 Low A$46.5B
(Australian dollar) (FEB)
EUR French Mainland
06:30 Unemployment Change Medium 29K
(4Q)
EUR French ILO
06:30 Medium 10.3%
Unemployment Rate (4Q)
EUR French ILO Mainland
06:30 Medium 9.9%
Unemployment Rate (4Q)
CHF SNB Final Result for
06:30 Medium
2012
CHF Unemployment Rate
06:45 Medium 3.1% 3.1%
s.a. (FEB)
CHF Unemployment Rate
06:45 Medium 3.4% 3.4%
(FEB)
EUR French Trade Balance
07:45 Low -4700M -5349M
(euros) (JAN)
CHF Foreign Currency
08:00 Low -4700M 427.0B
Reserves (FEB)
EUR Italian Producer Price
09:00 Low 2.0%
Index (YoY) (JAN)
EUR Italian Producer Price
09:00 Low -0.2%
Index (MoM) (JAN)
EUR German Factory
11:00 Medium 1.6% -1.8%
Orders n.s.a. (YoY) (JAN)
EUR German Factory
11:00 Low 0.6% 0.8%
Orders s.a. (MoM) (JAN)
GBP Bank of England Rate
12:00 High 0.50% 0.50%
Decision (MAR 7)
GBP BOE Asset Purchase
12:00 High 375B 375B
Target (MAR)

12. USD RBC Consumer
12:30 Low 49.5
Outlook Index (MAR)
USD Challenger Job Cuts
12:30 Low -24.4%
(YoY) (FEB)
EUR European Central
12:45 Bank Rate Decision (MAR High 0.8% 0.75%
7)
EUR ECB Deposit Facility
12:45 Medium 0.00% 0.0%
Rate (MAR 7)
13:30 USD Trade Balance (JAN) Medium -$43.0B -$38.5B
USD Initial Jobless Claims
13:30 Medium 355K 344K
(MAR 3)
USD Unit Labor Costs (4Q
13:30 Low 4.3% 4.5%
F)
USD Non-Farm Productivity
13:30 Low -1.5% -2.0%
(4Q F)
USD Continuing Claims
13:30 Low 3110K 3074K
(FEB 24)
CAD International
13:30 Merchandise Trade Low -0.55B -0.90B
(Canadian dollar) (JAN)
CAD Building Permits
13:30 Low -11.2%
(MoM) (JAN)
USD EIA Natural Gas
15:30 Low -171
Storage Change (MAR 1)
USD Household Change in
17:00 Low $1722B
Net Worth (4Q)
USD Consumer Credit
20:00 Medium $14.500B $14.595B
(JAN)
NZD Manufacturing Activity
21:45 Medium 1.6%
(4Q)
NZD Manufacturing Activity
21:45 Low 2.6%
Volume SA (QoQ) (4Q)
JPY Nominal Gross
23:50 Domestic Product (QoQ) High -0.4%
(4Q F)
JPY Gross Domestic
23:50 High -0.1%
Product (QoQ) (4Q F)
JPY Gross Domestic
23:50 High -0.4%
Product Annualized (4Q F)
JPY Trade Balance - BOP
23:50 Medium -¥1512.3B -¥567.6B
Basis (Yen) (JAN)
JPY Current Account Total
23:50 Low -¥626.0B -¥264.1B
(Yen) (JAN)
JPY Current Account
23:50 Low 34.2% -199.4%
Balance (YoY) (JAN)
JPY Bank Lending incl
23:50 Low
Trusts (YoY) (FEB)

13. JPY Bank Lending Banks
23:50 Low 1.6%
ex-Trust (FEB)
JPY Adjusted Current
23:50 Low ¥112.2B ¥98.1B
Account Total (Yen) (JAN)
JPY Gross Domestic
23:50 Product Deflator (YoY) (4Q Low -0.6%
F)
Fri JPY Eco Watchers Survey:
Mar 8
Medium 56.5
Outlook (FEB)
JPY Eco Watchers Survey:
Medium 49.5
Current (FEB)
EUR Bank of France
Medium 96 95
Business Sentiment (FEB)
CNY Trade Balance (USD)
Medium -$8.85B $29.15B
(FEB)
CNY Imports (YoY) (FEB) Low -8.2% 28.8%
CNY Exports (YoY) (FEB) Low 7.6% 25.0%
EUR French Central
07:45 Government Balance Low -87.2B
(euros) (JAN)
CHF Consumer Price Index
08:15 Medium -0.30% -0.3%
(YoY) (FEB)
CHF CPI - EU Harmonised
08:15 Medium -0.1%
(YoY) (FEB)
CHF Consumer Price Index
08:15 Low 0.30% -0.3%
(MoM) (FEB)
CHF CPI - EU Harmonised
08:15 Low -0.5%
(MoM) (FEB)
EUR German Industrial
11:00 Production n.s.a. and w.d.a. Medium -1.2% -1.1%
(YoY) (JAN)
EUR German Industrial
11:00 Production s.a. (MoM) Low 0.4% 0.3%
(JAN)
13:15 CAD Housing Starts (FEB) Medium 172.0K 160.6K
USD Unemployment Rate
13:30 High 7.9% 7.9%
(FEB)
USD Change in Non-farm
13:30 High 155K 157K
Payrolls (FEB)
CAD Unemployment Rate
13:30 High 7.1% 7.0%
(FEB)
CAD Net Change in
13:30 High 7.5K -21.9K
Employment (FEB)
USD Change in Private
13:30 Medium 167K 166K
Payrolls (FEB)
USD Average Hourly
13:30 Earning All Employees Medium 2.1% 2.1%
(YoY) (FEB)

14. CAD Participation Rate
13:30 Medium 66.6
(FEB)
CAD Part Time Employment
13:30 Medium -1.4
Change (FEB)
CAD Full Time Employment
13:30 Medium -20.6
Change (FEB)
Average Hourly Earning All
13:30 Low 0.2% 0.20%
Employees (MoM) (FEB)
USD Underemployment
13:30 Low 14.4%
Rate (U6) (FEB)
USD Change in
13:30 Manufacturing Payrolls Low 10K 4K
(FEB)
USD Change in Household
13:30 Low 17
Employment (FEB)
USD Average Weekly Hours
13:30 Low 3440.0% 34.4
All Employees (FEB)
CAD Labor Productivity
13:30 Low -0.5%
(QoQ) (4Q)
USD Wholesale Inventories
15:00 Low 0.3% -0.1%
(JAN)
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