Forex report 16 april 2013

112 views

Published on

Research Via is a leading financial services provider with presence in Indian and other global capital markets. Research Via Indore provide stock futures tips, bullion tips, mcx commodity tips, ncdex tips, international forex tips

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
112
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Forex report 16 april 2013

  1. 1. DAILY FOREX REPORT RESEARCH VIA 4/16/2013www.researchvia.com 9977785000
  2. 2. MARKET HEADLINES Rupee off days low as March inflation surprises In Forex Market the rupee is trading stronger at 54.58/59 versus its previous close of 54.52/53, but off the days low of 54.7950 after March inflation data surprised on the downside. The Wholesale price index (WPI) rose a slower-than-expected 5.96 per cent in March, the lowest rate in more than three years, government data showed on Monday. Domestic shares are trading up 0.7 per cent after inflation data also hurting the dollar. An upward revision in the January inflation data, however, preventing a further fall in the dollar/rupee, traders say. Yuan closes at fresh record high as dollar sags The Chinese yuan set yet another record against the dollar on Monday, overturning Fridays all-time high, as the greenback continued to back off from a peak struck in mid-March. The central bank set the official midpoint at 6.2454 per dollar on Monday morning, its highest level since the domestic forex market opened in 1994. This gave the spot yuan range to close at a new high of 6.1871. Trading volume was average at slightly more than $12 billion, but the exchange rate moved within a tight range between 6.1889 and 6.1860 per dollar. Swiss franc down against yen on US caution to Japan The Swiss franc fell with the dollar against the yen on Monday after the US Treasury Department said it was watching Japans policies to make sure they were not aimed at weakening its currency. The franc fell 0.6 per cent against the yen to trade at 105.33 by 0628 GMT compared to Fridays New York close, while the Swissie was off 0.4 per cent against the greenback at 0.931.
  3. 3. DAILY MARKET STATISTICSCURRENCY EXPIRY OPEN HIGH LOW CLOSE EURINR 26-Apr-2013 71.8000 71.8000 71.4050 71.4775 EURINR 29-May-2013 72.0050 72.1600 71.8300 71.9000 EURINR 26-Jun-2013 72.3100 72.3200 72.2000 72.2000 GBPINR 26-Apr-2013 83.9225 84.1475 83.6825 83.8275 GBPINR 29-May-2013 84.4000 84.5175 84.1325 84.2750 JPYINR 26-Apr-2013 54.9000 56.2550 54.9000 56.0150 JPYINR 29-May-2013 56.2000 56.5600 55.9800 56.3500 USDINR 26-Apr-2013 54.8200 54.9475 54.6600 54.7050 USDINR 29-May-2013 55.1200 55.2400 54.9825 55.0400 USDINR 26-Jun-2013 55.4000 55.5225 55.2750 55.3400 RBI REFERENCE RATE (As on 15TH April 2013) UNDERLYING RATE USDINR 54.6260 EURINR 71.4150 GBPINR 83.6980 JPYINR 55.6700
  4. 4. USDINR DAILY ANALYSISPIVOT POINTS  S1-54.5958  S2-54.4867  PP-54.7717  R1-54.8808  R2-55.0567
  5. 5. EURINR DAILY ANALYSISPIVOT POINTS  S1- 71.3233  S2-71.1692  PP-71.5617  R1-71.7158  R2-71.9542
  6. 6. GBPINR DAILY ANALYSISPIVOT POINTS  S1- 83.7208  S2-83.6142  PP-83.9342  R1-84.0408  R2-84.2542
  7. 7. JPYINR DAILY ANALYSISPIVOT POINTS  S1- 55.6950  S2- 55.3750  PP-55.9750  R1- 56.2950  R2- 56.5750
  8. 8. DISCLAIMERAll data and reports at Research Via are only information services for subscribers and are notindividualized recommendations to buy or sell securities, nor offers to buy or sell securities.Under any circumstances the subscription amount paid to Research Via are not refundable.Investment in equity shares, futures, options and commodities has its own risks. Sincere effortshave been made to present the right investment perspective. The information contained herein isbased on analysis and on sources that we consider reliable. We, however, do not vouch for theaccuracy or the completeness thereof. This material is for personal information and we are notresponsible for any loss incurred due to it & take no responsibility whatsoever for any financialprofits or loss which may arise from the recommendations above.This Website is for information purposes only. The information contained on this should not beconstrued as an offer to sell, a solicitation of an offer to buy, or a recommendation for the unitsof the schemes of Research Via. Research Via is neither responsible nor liable for third partycontent provided or content from any other aspect of any other Website, which may be accessedfrom this Website. A possibility exists that the site could include inaccuracies or errors.Additionally, a possibility exist that unauthorized additions, deletions or alterations could bemade by third parties to the site. Although Research Via attempts to ensure the integrity,correctness and authenticity of the site, it makes no guarantees whatsoever as to itscompleteness, correctness or accuracy. In the event, that such an inaccuracy arises, pleaseinform Research Via so that it can be corrected.Research Via and its owners/affiliates are not liable for damages caused by any performance,failure of performance, error, omission, interruption, deletion, defect, delay in transmission oroperations, computer virus, communications line failure, and unauthorized access to thepersonal accounts. Research Via is not responsible for any technical failure or malfunction of thesoftware or delays of any kind. We are also not responsible for non-receipt of registration detailsor e-mails. Research Via is not responsible for the content of any of the linked sites. By providingaccess to other web-sites, Research Via is neither recommending nor endorsing the contentavailable in the linked websites.

×