Forex Tips on how to handle the foreign currency exchange when traveling internationally.

1. 06AUGUST15
www.trifidresearch.com

2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
2:00pm
GBP
Manufacturing Production m/m 0.2% -0.6%
4:30pm
GBP
BOE Inflation Report - -
4:30pm
GBP
MPC Official Bank Rate Votes 2-0-7 0-0-9
4:30pm
GBP
Official Bank Rate 0.50% 0.50%
Tentative
GBP
MPC Rate Statement - -
6:00pm
USD
Unemployment Claims 269K 267K
 Rupee ends flat at 63.75 against US dollar.
 Dollar index at 3-1/2 month high as Fed's Lockhart backs Sept hike.
 Volume of retail trade down by 0.6% in euro area.
 UK services growth slips in July, hiring hits 16-month low.
 French activity rises at slowest rate in three months during July.
 China service sector business activity growth hits 11-month high.
 Yuan stays steady after IMF staff urges SDR inclusion delay.
 South Korea won falls to 3-year low on Fed rate hike talk; shares
flat.
News FLASH
Economic calendar – Aug 06

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.9000 63.8000 63.7000 64.1500 64.3000 64.4000
EURINR 69.4000 69.3000 69.2000 69.7000 69.8000 69.9000
GBPINR 99.8000 99.7000 99.6000 100.2000 100.3000 100.4000
JPYINR 51.4000 51.3000 51.2000 51.6000 51.7000 51.8000
USDINR on its daily charts had shown weak trend since last two sessions and further if it holds below the
level of 64.0000 then selling pressure is expected.
Pivot table
TECHNICAL VIEW
USDINR

4. WWW.TRIFIDRESEARCH.COM
DISCLAIMER