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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5:20am
JPY
Prelim GDP q/q 0.4% 0.4%
5:20am
JPY
Prelim GDP Price Index y/y 3.6% 2.4%
11:30am EUR
German PPI m/m 0.1% 0.1%
12:30pm USD
FOMC Member Evans Speaks - -
2:00pm GBP
MPC Official Bank Rate Votes 0-0-9
0-0-9
11:30pm USD
FOMC Meeting Minutes - -
Rupee appreciates against US $, recovers from early losses.
Sterling falls to session lows as UK inflation turns negative.
Central European currencies rebound on expectations of brisker
ECB bond buying.
Euro lower against dollar as Greece fears persist.
Russian rouble steady despite oil price dip, helped by tax period.
UK Consumer Price Inflation fell by 0.1% April 2015.
German ZEW economic sentiment plunges to 41.9 in May from
53.3.
News FLASH
Economic calendar - May 20
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.6000 63.5000 63.4000 63.9000 64.0000 64.1000
EURINR 71.2000 71.1000 71.0000 71.5000 71.6000 71.7000
GBPINR 98.6000 98.5000 98.4000 98.9000 99.0000 99.1000
JPYINR 53.0000 52.9000 52.8000 53.2000 53.3000 53.4000
EURINR on daily charts broke the important support of 71.2100 and so it is expected to fall towards the
trend line if holds below the level of 71.0700.
Pivot table
TECHNICAL VIEW
EURINR