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1. 29 MAY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5:00am
JPY
Household Spending y/y 3.1% -10.6%
11:30am
EUR
German Retail Sales m/m - -2.3%
12:30pm EUR
Spanish Flash CPI y/y -0.5% -0.6%
1:30pm EUR
M3 Money Supply y/y 4.9% 4.6%
6:00pm USD
Prelim GDP q/q -0.8% 0.2%
7:15pm USD
Chicago PMI 53.1 52.3
 Rupee gains against US dollar snapping its three day decline.
 Dollar hits 12-1/2-yr high vs yen; euro rises on Greece hopes.
 UK Q1 GDP unrevised at 0.3% quarter-on-quarter.
 Japan April retail sales rebound, ease pressure on BOJ.
 Asia forex sentiments worsens on US Fed policy rate cut bets, yuan
an exception.
 China's yuan changes little against dollar as central bank keeps
rates steady.
 Bank of Canada maintains overnight rate target at 3/4 per cent.
 German Import prices in April 2015: –0.6% on April 2014.
News FLASH
Economic calendar - May 29

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 64.0000 63.9000 63.8000 64.3000 64.4000 64.5000
EURINR 69.7000 69.6000 69.5000 70.1000 70.2000 70.3000
GBPINR 97.8000 97.7000 97.6000 98.2000 98.3000 98.4000
JPYINR 51.5000 51.4000 51.3000 51.7000 51.8000 51.9000
JPYINR on daily charts had tested the crucial support of 51.5600 and closed around it. Selling pressure is
likely to continue if it sustains below the level of 51.5500.
Pivot table
TECHNICAL VIEW
JPYINR

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