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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 – 08– Jun
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound rallied around 1% against the dollar on Tuesday as a number of opinion polls
showed the Remain campaign with a lead over the Leave campaign ahead of the June 23
European Union referendum.GBP/USD hit highs of 1.4460 overnight and was last at
1.4588, up 1% from Monday’s close.Sterling also strengthened against the euro, with
EUR/GBP down 0.98% at 0.7787.The pound was boosted after an opinion poll published in
the Times newspaper late Monday showed support for remaining in the EU with a one-
point lead over the ‘Leave’ campaign.A separate poll, conducted by YouGov for the Times
newspaper on Monday also showed a one-point lead for keeping Britain in the EU in the
referendum.
EUR/USD is subdued on Tuesday, continuing the lack of activity which marked the Monday
session. The pair is trading at 1.1370. On the release front, German Industrial Production
posted a gain of 0.8%, matching the forecast. There are no major US events on the sched-
ule, so it could be another quiet day for EUR/USD.The euro is trading quietly after a closely
-watched speech by Fed Chair Janet Yellen on Monday. Speaking at the World Affairs Coun-
cil in Philadelphia, Yellen said she remained optimistic about the US economy and hinted
that the Fed would raise interest banks, but crucially, she gave no indication as to when
that might occur.
Forex - Sterling jumps 1% as Brexit polls show ‘remain’ camp ahead
Forex - Dollar slides lower vs. rivals on Yellen remarks
Forex - Aussie and kiwi move higher after RBA holds
Iforex Market Insight
Date – 08– Jun
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, June 8, 2016
02:05 USD API Weekly Crude Oil Stock 2.350M
02:05 USD API Weekly Cushing Crude Oil Stock -1.030M
05:20 JPY Adjusted Current Account 2.04T 1.89T
05:20 JPY Current Account n.s.a. (Apr) 2.319T 2.980T
05:20 JPY GDP (QoQ) (Q1) 0.5% 0.4%
05:20 JPY GDP (YoY) (Q1) 1.9% 1.7%
07:00 AUD Home Loans (MoM) (Apr) 2.5% -0.9%
12:45 CHF CPI (MoM) (May) 0.2% 0.3%
14:00 GBP Industrial Production (MoM) (Apr) 0.0% 0.3%
14:00 GBP Manufacturing Production (MoM) (Apr) 0.1% 0.1%
19:30 GBP NIESR GDP Estimate 0.3%
19:30 USD JOLTs Job Openings (Apr) 5.672M 5.757M
20:00 USD Crude Oil Inventories -3.500M -1.366M
20:00 USD Cushing Crude Oil Inventories -0.704M
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP/USD ABOVE 1.4700 TGT 1.4720 1.4750 SL 1.4670
SELL GBP/USD AROUND 1.4673-1.4670 TGT 1.4653 1.4623 SL 1.4703
v
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.1365 TGT 1.1385 1.1515 SL 1.1335
SELL EUR/USD BELOW 1.1355 TGT 1.1335 1.1305 SL 1.1385
Date – 08– Jun
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
EPIC RESEARCH SINGAPORE
1,Raffles Place # 44-02
Singapore(048616)
www.epicresearch.sg
HNI & NRI SALES CONTACT
2117 Arbor Vista DR.
Charlotte (NC)
Cell:+1 704 249 2315

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Epic Research Singapore : - Daily IForex Report of 08 June 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 – 08– Jun INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound rallied around 1% against the dollar on Tuesday as a number of opinion polls showed the Remain campaign with a lead over the Leave campaign ahead of the June 23 European Union referendum.GBP/USD hit highs of 1.4460 overnight and was last at 1.4588, up 1% from Monday’s close.Sterling also strengthened against the euro, with EUR/GBP down 0.98% at 0.7787.The pound was boosted after an opinion poll published in the Times newspaper late Monday showed support for remaining in the EU with a one- point lead over the ‘Leave’ campaign.A separate poll, conducted by YouGov for the Times newspaper on Monday also showed a one-point lead for keeping Britain in the EU in the referendum. EUR/USD is subdued on Tuesday, continuing the lack of activity which marked the Monday session. The pair is trading at 1.1370. On the release front, German Industrial Production posted a gain of 0.8%, matching the forecast. There are no major US events on the sched- ule, so it could be another quiet day for EUR/USD.The euro is trading quietly after a closely -watched speech by Fed Chair Janet Yellen on Monday. Speaking at the World Affairs Coun- cil in Philadelphia, Yellen said she remained optimistic about the US economy and hinted that the Fed would raise interest banks, but crucially, she gave no indication as to when that might occur. Forex - Sterling jumps 1% as Brexit polls show ‘remain’ camp ahead Forex - Dollar slides lower vs. rivals on Yellen remarks Forex - Aussie and kiwi move higher after RBA holds
  • 3. Iforex Market Insight Date – 08– Jun www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Wednesday, June 8, 2016 02:05 USD API Weekly Crude Oil Stock 2.350M 02:05 USD API Weekly Cushing Crude Oil Stock -1.030M 05:20 JPY Adjusted Current Account 2.04T 1.89T 05:20 JPY Current Account n.s.a. (Apr) 2.319T 2.980T 05:20 JPY GDP (QoQ) (Q1) 0.5% 0.4% 05:20 JPY GDP (YoY) (Q1) 1.9% 1.7% 07:00 AUD Home Loans (MoM) (Apr) 2.5% -0.9% 12:45 CHF CPI (MoM) (May) 0.2% 0.3% 14:00 GBP Industrial Production (MoM) (Apr) 0.0% 0.3% 14:00 GBP Manufacturing Production (MoM) (Apr) 0.1% 0.1% 19:30 GBP NIESR GDP Estimate 0.3% 19:30 USD JOLTs Job Openings (Apr) 5.672M 5.757M 20:00 USD Crude Oil Inventories -3.500M -1.366M 20:00 USD Cushing Crude Oil Inventories -0.704M
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBP/USD ABOVE 1.4700 TGT 1.4720 1.4750 SL 1.4670 SELL GBP/USD AROUND 1.4673-1.4670 TGT 1.4653 1.4623 SL 1.4703 v GBP/USD HOURLY CHART BUY EURUSD ABOVE 1.1365 TGT 1.1385 1.1515 SL 1.1335 SELL EUR/USD BELOW 1.1355 TGT 1.1335 1.1305 SL 1.1385 Date – 08– Jun
  • 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 EPIC RESEARCH SINGAPORE 1,Raffles Place # 44-02 Singapore(048616) www.epicresearch.sg HNI & NRI SALES CONTACT 2117 Arbor Vista DR. Charlotte (NC) Cell:+1 704 249 2315