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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– 17– Feb
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The pound was trading close to the day’s highs against the dollar on Tuesday after data show-
ing that the annual rate of inflation in the U.K. rose to a one-year high in January.GBP/USD
was up 0.35% at 1.4488, close to the day’s highs of 1.4516.The Office for National Statistics
reported that the consumer price index rose 0.3% on a year-over-year basis last month,
matching forecasts and up from 0.2% in December.The main contributors to the increase in
consumer prices were motor fuels and also to a lesser degree alcoholic beverages and cloth-
ing. Air fare prices partially offset the rise in inflation, falling by more than they did a year
ago.Consumer prices fell 0.8% in January from a month earlier, worse than forecasts for a de-
cline of 0.7% and following a gain of 0.1% in the prior month.
The euro rose against the dollar on Tuesday, as market sentiment soured with European
shares and oil prices turning lower after earlier gains.Risk appetite faded after a meeting be-
tween oil ministers from Saudi Arabia, Russia, Qatar and Venezuela ended with consensus to
freeze output, but not to cut production.The U.S. dollar index, which measures the green-
back’s strength against a trade-weighted basket of six major currencies, was down 0.26% to
96.50.The low yielding euro rose against the dollar, with EUR/USD rising 0.23% to 1.1181.The
euro’s gains were held in check after European Central Bank President Mario Draghi said Mon-
day the bank would not hesitate to act in March, reinforcing expectations for additional stimu-
lus measures.Meanwhile, data on Tuesday showed that German economic sentiment fell
sharply this month, amid concerns over falling oil prices, slowing global growth and height-
ened market volatility
Forex - Dollar slips lower vs. rivals, U.S. data ahead
Forex - Aussie edges higher on RBA minutes, kiwi declines
Forex - Euro and yen gain as risk appetite fizzles
Iforex Market Insight
Date– 17– Feb
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, February 17, 2016
02:30 USD TIC Net Long-Term Transactions (Dec) - 31.4B
06:00 USD FOMC Member Rosengren Speaks - -
15:00 GBP Average Earnings Index +Bonus (Dec) 1.9% 2.0%
15:00 GBP Claimant Count Change (Jan) -3.0K -4.3K
15:00 GBP Unemployment Rate (Dec) 5.0% 5.1%
19:00 USD Building Permits (Jan) 1.200M 1.204M
19:00 USD Building Permits (MoM) (Jan) -0.1% -6.1%
19:00 USD Core PPI (MoM) (Jan) 0.1% 0.2%
19:00 USD Housing Starts (Jan) 1.177M 1.149M
19:00 USD Housing Starts (MoM) (Jan) 2.5% -2.5%
19:00 USD PPI (MoM) (Jan) -0.2% -0.2%
19:45 USD Industrial Production (MoM) (Jan) 0.4% -0.4%
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP USD ABOVE 1.4470 TARGET 1.4490 1.4520 SL 1.4440
SELL GBP USD BELOW 1.4420 TARGET 1.4400 1.4380 SL 1.4450
GBP/USD HOURLY CHART
BUY EUR USD ABOVE 1.1230 TARGET 1.1250 1.1280 SL 1.1200
SELL EUR USD BELOW 1.1180 TARGET 1.1160 1.1130 SL 1.1210
Date– 17– Feb
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 17 February 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– 17– Feb INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The pound was trading close to the day’s highs against the dollar on Tuesday after data show- ing that the annual rate of inflation in the U.K. rose to a one-year high in January.GBP/USD was up 0.35% at 1.4488, close to the day’s highs of 1.4516.The Office for National Statistics reported that the consumer price index rose 0.3% on a year-over-year basis last month, matching forecasts and up from 0.2% in December.The main contributors to the increase in consumer prices were motor fuels and also to a lesser degree alcoholic beverages and cloth- ing. Air fare prices partially offset the rise in inflation, falling by more than they did a year ago.Consumer prices fell 0.8% in January from a month earlier, worse than forecasts for a de- cline of 0.7% and following a gain of 0.1% in the prior month. The euro rose against the dollar on Tuesday, as market sentiment soured with European shares and oil prices turning lower after earlier gains.Risk appetite faded after a meeting be- tween oil ministers from Saudi Arabia, Russia, Qatar and Venezuela ended with consensus to freeze output, but not to cut production.The U.S. dollar index, which measures the green- back’s strength against a trade-weighted basket of six major currencies, was down 0.26% to 96.50.The low yielding euro rose against the dollar, with EUR/USD rising 0.23% to 1.1181.The euro’s gains were held in check after European Central Bank President Mario Draghi said Mon- day the bank would not hesitate to act in March, reinforcing expectations for additional stimu- lus measures.Meanwhile, data on Tuesday showed that German economic sentiment fell sharply this month, amid concerns over falling oil prices, slowing global growth and height- ened market volatility Forex - Dollar slips lower vs. rivals, U.S. data ahead Forex - Aussie edges higher on RBA minutes, kiwi declines Forex - Euro and yen gain as risk appetite fizzles
  • 3. Iforex Market Insight Date– 17– Feb www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Wednesday, February 17, 2016 02:30 USD TIC Net Long-Term Transactions (Dec) - 31.4B 06:00 USD FOMC Member Rosengren Speaks - - 15:00 GBP Average Earnings Index +Bonus (Dec) 1.9% 2.0% 15:00 GBP Claimant Count Change (Jan) -3.0K -4.3K 15:00 GBP Unemployment Rate (Dec) 5.0% 5.1% 19:00 USD Building Permits (Jan) 1.200M 1.204M 19:00 USD Building Permits (MoM) (Jan) -0.1% -6.1% 19:00 USD Core PPI (MoM) (Jan) 0.1% 0.2% 19:00 USD Housing Starts (Jan) 1.177M 1.149M 19:00 USD Housing Starts (MoM) (Jan) 2.5% -2.5% 19:00 USD PPI (MoM) (Jan) -0.2% -0.2% 19:45 USD Industrial Production (MoM) (Jan) 0.4% -0.4%
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBP USD ABOVE 1.4470 TARGET 1.4490 1.4520 SL 1.4440 SELL GBP USD BELOW 1.4420 TARGET 1.4400 1.4380 SL 1.4450 GBP/USD HOURLY CHART BUY EUR USD ABOVE 1.1230 TARGET 1.1250 1.1280 SL 1.1200 SELL EUR USD BELOW 1.1180 TARGET 1.1160 1.1130 SL 1.1210 Date– 17– Feb
  • 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