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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 01– Mar
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The GBP/USD is flat today with no domestic data but Brexit possibilities grow. The pound is trad-
ing at 1.3963. The UK currency remained below $1.40 against the US dollar following a torrid
week.The slump in sterling has been fueled by fears the UK could vote to leave the EU, dubbed
‘Brexit’, on June 23. Jack Row, global fixed income investment manager at NN Investment Part-
ners, said the pound had already weakened 4-7 per cent due to the risk of Brexit and warned it
could fall further.He said: “It is not easy to assess how much the weakness of GBP is due to
Brexit risk. Correlations with the US dollar and the euro have destabilized and it is not straight-
forward how cyclical developments, such as disappointing UK economic data and a more dovish
stance by the Bank of England, can be disentangled from Brexit risk. But it seems fair to say that
GBP is around 4-7 per cent weaker because of it.”
The euro fell to the day’s lows against the dollar and the yen on Monday after data showing that
the euro area fell back into deflation in February for the first time in five months cemented ex-
pectations for more central bank stimulus.EUR/USD touched lows of 1.0896, the weakest since
February 2 down from around 1.0915 earlier.The drop in the euro came after Eurostat said the
consumer price index fell 0.2% on a year-over-year basis after rising 0.3% in January.It was the
first negative inflation figure since September, when consumer prices fell 0.1%, and is well below
the European Central Bank’s target of close to but just below 2.0%.Economists had expected the
annual rate of inflation to tick down to 0.1%.The fall was due in large part to falling energy costs,
which were 8% lower in the year to February compared to the previous month's 5.4% drop.Core
inflation, which strips out energy costs, fell to 0.7% from 1.0% in January.
Forex -Dollar sharply lower against yen as China stocks sink
Forex - Aussie holds steady, kiwi declines after disapppointing data
Forex - Dollar edges up to fresh 3-week highs vs. rivals
Iforex Market Insight
Date– 01– Mar
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Tuesday, March 1, 2016
04:00 AUD AIG Manufacturing Index (Feb) - 51.5
05:00 JPY Household Spending (MoM) (Jan) 0.3% 1.0%
05:00 JPY Household Spending (YoY) (Jan) -2.7% -4.4%
05:00 JPY Jobs/applications ratio (Jan) 1.27 1.27
05:20 JPY Capital Spending (YoY) (Q4) 8.8% 11.2%
06:00 AUD Building Approvals (MoM) (Jan) -2.0% 9.2%
06:00 AUD Current Account (Q4) -20.0B -18.1B
09:00 AUD Interest Rate Decision (Mar) 2.00% 2.00%
09:00 AUD RBA Rate Statement - -
10:00 USD FOMC Member Dudley Speaks - -
13:45 CHF Retail Sales (YoY) (Jan) -1.2% -1.6%
14:00 CHF SVME PMI (Feb) 49.6 50.0
14:30 EUR Manufacturing PMI (Feb) 51.0 51.0
15:00 GBP Manufacturing PMI (Feb) 52.2 52.9
15:30 EUR Unemployment Rate (Jan) 10.4% 10.4%
Tentative NZD GlobalDairyTrade Price Index - -2.8%
20:15 USD Manufacturing PMI (Feb) 51.0 51.0
20:30 USD ISM Manufacturing Employment (Feb) 46.4 45.9
20:30 USD ISM Manufacturing PMI (Feb) 48.6 48.2
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP/USD ABOVE 1.4020 TARGET 1.4040 1.4070 SL 1.3990
SELL GBP/USD BELOW 1.3860 TARGET 1.3840 1.3710 SL 1.3890
GBP/USD HOURLY CHART
BUY EUR/USD ABOVE 1.0940 TARGET 1.0960 1.10990 SL 1.0910
SELL EUR/USD BELOW 1.0880 TARGET 1.0860 1.0830 SL 1.0910
Date– 01- Mar
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

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Epic Research Singapore : - Daily IForex Report of 01 March 2016

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date– 01– Mar INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The GBP/USD is flat today with no domestic data but Brexit possibilities grow. The pound is trad- ing at 1.3963. The UK currency remained below $1.40 against the US dollar following a torrid week.The slump in sterling has been fueled by fears the UK could vote to leave the EU, dubbed ‘Brexit’, on June 23. Jack Row, global fixed income investment manager at NN Investment Part- ners, said the pound had already weakened 4-7 per cent due to the risk of Brexit and warned it could fall further.He said: “It is not easy to assess how much the weakness of GBP is due to Brexit risk. Correlations with the US dollar and the euro have destabilized and it is not straight- forward how cyclical developments, such as disappointing UK economic data and a more dovish stance by the Bank of England, can be disentangled from Brexit risk. But it seems fair to say that GBP is around 4-7 per cent weaker because of it.” The euro fell to the day’s lows against the dollar and the yen on Monday after data showing that the euro area fell back into deflation in February for the first time in five months cemented ex- pectations for more central bank stimulus.EUR/USD touched lows of 1.0896, the weakest since February 2 down from around 1.0915 earlier.The drop in the euro came after Eurostat said the consumer price index fell 0.2% on a year-over-year basis after rising 0.3% in January.It was the first negative inflation figure since September, when consumer prices fell 0.1%, and is well below the European Central Bank’s target of close to but just below 2.0%.Economists had expected the annual rate of inflation to tick down to 0.1%.The fall was due in large part to falling energy costs, which were 8% lower in the year to February compared to the previous month's 5.4% drop.Core inflation, which strips out energy costs, fell to 0.7% from 1.0% in January. Forex -Dollar sharply lower against yen as China stocks sink Forex - Aussie holds steady, kiwi declines after disapppointing data Forex - Dollar edges up to fresh 3-week highs vs. rivals
  • 3. Iforex Market Insight Date– 01– Mar www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Tuesday, March 1, 2016 04:00 AUD AIG Manufacturing Index (Feb) - 51.5 05:00 JPY Household Spending (MoM) (Jan) 0.3% 1.0% 05:00 JPY Household Spending (YoY) (Jan) -2.7% -4.4% 05:00 JPY Jobs/applications ratio (Jan) 1.27 1.27 05:20 JPY Capital Spending (YoY) (Q4) 8.8% 11.2% 06:00 AUD Building Approvals (MoM) (Jan) -2.0% 9.2% 06:00 AUD Current Account (Q4) -20.0B -18.1B 09:00 AUD Interest Rate Decision (Mar) 2.00% 2.00% 09:00 AUD RBA Rate Statement - - 10:00 USD FOMC Member Dudley Speaks - - 13:45 CHF Retail Sales (YoY) (Jan) -1.2% -1.6% 14:00 CHF SVME PMI (Feb) 49.6 50.0 14:30 EUR Manufacturing PMI (Feb) 51.0 51.0 15:00 GBP Manufacturing PMI (Feb) 52.2 52.9 15:30 EUR Unemployment Rate (Jan) 10.4% 10.4% Tentative NZD GlobalDairyTrade Price Index - -2.8% 20:15 USD Manufacturing PMI (Feb) 51.0 51.0 20:30 USD ISM Manufacturing Employment (Feb) 46.4 45.9 20:30 USD ISM Manufacturing PMI (Feb) 48.6 48.2
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBP/USD ABOVE 1.4020 TARGET 1.4040 1.4070 SL 1.3990 SELL GBP/USD BELOW 1.3860 TARGET 1.3840 1.3710 SL 1.3890 GBP/USD HOURLY CHART BUY EUR/USD ABOVE 1.0940 TARGET 1.0960 1.10990 SL 1.0910 SELL EUR/USD BELOW 1.0880 TARGET 1.0860 1.0830 SL 1.0910 Date– 01- Mar
  • 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