- The pound rose against the U.S. dollar to its highest level since December after UK unemployment fell to a six-and-a-half year low. - The euro initially gained against the dollar due to a selloff in global bonds but pared losses after Eurozone GDP growth came in below forecasts and industrial production declined unexpectedly. - The report provides the daily international currency buzz and analysis of the GBP/USD and EUR/USD currency pairs, and includes economic calendar events and trading recommendations.

1. Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE

2. Forex- Dollar broadly lower vs. rivals ahead of U.S. retail sales data
Forex- Pound erases gains after BoE inflation report.
Forex- EUR/USD pares gains after E.Z. GDP, industrial production data.
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 14-May
INTERNATIONAL CURRENCY BUZZ
GBP/USD
EUR/USD
The pound rose to fresh five-month highs against the U.S. dollar on Wednesday, after data
showed that U.K. unemployment rate fell to a six-and-a-half year low last month, while demand
for the greenback remained broadly under pressure. GBP/USD hit 1.5742 during European
morning trade, the pair's highest since December 17; the pair subsequently consolidated at
1.5725, gaining 0.37%.The U.K. Office for National Statistics said that the unemployment rate
ticked down to 5.5% last month from 5.6% in March, hitting the lowest level since September
2008, in line with expectations. The U.K. claimant count change dropped by 12,600 in April,
confounding expectations for a 20,000 decline. March's figure was revised to a 16,700 fall from
a previously estimated drop of 20,700.
The euro pared gains against the U.S. dollar on Wednesday, after data showed that the euro
zone's economy expanded at a slower rate than expected in the first quarter and that the bloc's
industrial production fell unexpectedly in March. The pair was likely to find support at 1.1130,
the low of May 11 and resistance at 1.1392, the high of May 7 and a more than two-month high.
The European statistics agency Eurostat reported that euro area gross domestic product grew
0.4% in the first three months of the year, up from 0.3% in the final quarter of 2014 but slightly
below forecasts for growth of 0.5%.The euro zone's industrial production slipped 0.3% in March,
confounding expectations for a 0.2% rise. February's figure was revised to a 1.0% gain from a
previously estimated increase of 1.1%.The single currency had strengthened earlier, supported
by Tuesday's fresh selloff in global bond markets. German 10-year bund yields surged, narrowing
the gap with their U.S. counterparts.

3. Iforex Market Insight
Date-: 14-May
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Thursday, May 14, 2015
All Day Holiday Switzerland - Ascension Day
04:00 NZD Business NZ PMI (Apr) 54.5
04:15 NZD Core Retail Sales (QoQ) 1.5% 1.5%
04:15 NZD Retail Sales (QoQ) (Q1) 1.5% 1.7%
04:31 GBP RICS House Price Balance (Apr) 22% 21%
12:00 INR WPI Inflation (YoY) (Apr) -2.30% -2.33%
Tentative CNY New Loans 1,210.0B 1,180.0B
17:30 BRL Retail Sales (YoY) (Mar) 1.5% -3.1%
17:30 RUB Central Bank reserves (USD) 358.5B
18:00 USD Core PPI (MoM) (Apr) 0.1% 0.2%
18:00 USD Initial Jobless Claims 275K 265K
18:00 USD PPI (MoM) (Apr) 0.2% 0.2%
18:00 CAD New Housing Price Index (MoM) (Mar) 0.1% 0.2%

4. Iforex Market Insight
Date-: 14-May
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5790 TARGET 1.5810 1.5840 SL 1.5760
SELL GBPUSD BELOW 1.5720 TARGET 1.5700 1.5670 SL 1.5750
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.1390 TARGET 1.1410 1.1440 SL 1.1360
SELL EURUSD BELOW 1.1315 TARGET 1.1295 1.1265 SL 1.1345

5. 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 inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial 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 .
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 recommen-
dation 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.
EPIC RESEARCH SINGAPORE