The document provides an overview of currency movements and economic indicators from May 10th. It notes that the Indian rupee fell marginally against the US dollar while China's CPI remained unchanged. German factory orders expanded in March and the UK's house price index declined in April.
HighLights: Indian Rupee recovered from two day lows to end at 66.33 on Friday
US Revised UoM Consumer Sentiment plunged to 89-mark in April
Euro Zone Prelim Flash GDP expanded by 0.6 percent in Q1 of 2016
UK’s Net Lending to Individuals rose to 9.3 billion Pounds in March
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
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Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
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Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
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how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
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how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)
Currency high lights 10.05.16
1. Currency Highlights
10th
May’2016
HighLights:
Indian Rupee fell marginally and ended at 66.58 on Monday
China’s CPI remained unchanged at 2.3 percent in the last month
German Factory Orders expanded by 1.9 percent in the month of
March
UK’s Halifax House Price Index (HPI) plunged by 0.8 percent in April
Euro Zone Sentix Investor Confidence rose to 6.2-mark in May
China’s Consumer Price Index (CPI) remained unchanged at 2.3 percent in
the month of April. Producer Price Index (PPI) plunged by 3.4 percent in
last month from a previous fall of 4.3 percent in March. Indian Rupee fell
marginally and declined around 4 paise to end at 66.58 against the US dol-
lar on Friday. The currency had depreciated on account of fresh demand
for dollars from importers and banks. However, sharp downside move-
ment in the currency was cushioned due to recovery in domestic market
sentiments. Indian Rupee moved in the range of 66.39 to 66.58 in Mon-
day’s trading session. The Reserve Bank of India (RBI) reference rate for
dollar was seen at 66.43 and Euro stood at 75.80 on Monday.
US Dollar Index gained around 0.3 percent in Monday’s trading session due to rise in risk aversion in global market sentiments
which led to increase in demand for the low yielding currency. However, unfavourable economic data from the country
capped sharp gains in the currency.
US Labor Market Conditions Index was at negative 0.9-mark in April as against a drop of 2.1-level in March.
Euro against dollar fell marginally on Monday on account of strength in the dollar index. Further, weak global market senti-
ments led to downside movement in the currency. However, sharp fall in the currency was prevented due to favourable eco-
nomic data from the region.
German Factory Orders expanded by 1.9 percent in March as against a decline of 0.8 percent a month ago. Euro Zone Sentix
Investor Confidence rose by 0.5 points to 6.2-mark in May with respect to 5.7- level in April.
The Sterling Pound against dollar dropped around 0.1 percent in Monday’s trade on account of strength in the dollar index.
Further, weak global market sentiments coupled with unfavourable economic data from the country led to negative move-
ment in the currency.
UK’s Halifax House Price Index (HPI) plunged by 0.8 percent in April from a previous rise of 2.2 percent in March.
The Japanese Yen against dollar depreciated around 0.94 percent in yesterday’s trade due to rise in risk appetite in global mar-
ket sentiments in early part of the trade which led to decline in demand for the low yielding currency.
Japan’s Consumer Confidence declined by 0.9 points to 40.8-mark in April as against a rise of 41.7-level in March.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Last PrevCl. PriceChng PriceChng%
DollarIndex 94.02 93.88 0.14 0.15
USD/INR(Spot) 66.76 66.81 (0.05) (0.07)
USD/INR(NseApr) 66.80 66.81 (0.01) (0.01)
EUR/INR(Spot) 75.69 75.97 (0.28) (0.37)
EUR/INR(NseApr) 76.05 76.35 (0.30) (0.39)
GBP/INR(Spot) 96.11 96.10 0.01 0.01
GBP/INR(NseApr) 96.50 96.89 (0.39) (0.40)
JPY/INR(NseApr) 61.75 62.44 (0.69) (1.12)
MarketHighlights
2. Technical View:
The JPYINR price has been trading in rising wedge formation
form past few weeks. Price has faced strong resistance of up-
per band of wedge pattern at 63 levels on daily chart. Prices
have been facing resistance of falling trend line at 62.60 levels
on hourly chart.
Moreover, Pair has been trading below its 50 hourly exponen-
tial moving average which suggest short term trend remains
down.
On daily chart, momentum oscillator RSI has faced resistance
of horizontal trend line at 62 levels which suggest more selling
opportunity can be seen on higher side.
A momentum indicator MACD has shown negative sign on
daily chart, which indicates short term trend remains nega-
tive.
Pivot levels for the Day
Technical View:
The pair has formed long bearish candle with positive vol-
umes on daily chart. The USDINR price has given breakdown
of its rising trend line at 66.90 levels on hourly chart. Moreo-
ver, price has been moving in rectangle pattern and facing
resistance at 67 levels on daily chart.
On daily chart, USDINR has formed bearish doji candle stick
pattern which is bearish reversal pattern. Moreover, price
have been trading below its 50 daily exponential moving av-
erage so any rally towards 66.90 level, it would become the
best selling opportunity in near term.
A momentum indicator RSI has been trading below 50 levels
on hourly chart, which suggest bearishness in the prices.
Momentum indictor MACD has shown negative signs and
trading below single line on daily chart, which gives negative
confirmation to the prices.
For now we expect prices to move lower towards 66.30 lev-
els in few trading sessions.
Currency Highlights
10th
May’2016
USDINR JPYINR
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
USDINR 66.37 66.55 66.66 66.73 66.84 66.91 67.09
JPYINR 60.72 61.32 61.53 61.92 62.13 62.52 63.12
3. Pivot levels for the Day
Currency Highlights
10th
May’2016
GBPINR EURINR
Technical View:
Price has been trading in symmetrical triangle pattern on dai-
ly chart and facing resistance of its upper band at 76.90 lev-
els. The pair has faced strong resistance of its falling trend
line at 77 levels. The price has been trading in rising channel
formation and facing resistance of upper band of channel
pattern at 77.50 levels. Price has given breakdown its sym-
metrical pattern at 76.60 levels on hourly chart. On the other
hand, Pair has been trading below its 50 hourly exponential
moving average which indicates that trend is remains down.
A momentum oscillator RSI have been trading below 60 lev-
els on daily chart which gives bearishness to the prices.
Moreover, momentum indicator MACD has shown negative
crossover on four hourly chart which support our bearish
view on the pair.
Technical View:
The price has been trading in falling channel pattern and fac-
ing resistance of upper band of channel pattern at 98 levels
on daily chart. Moreover, price has formed the evening star
candle stick pattern with confirmation on daily chart.
on the other hand, Pair has been trading below its 100 daily
exponential moving average which indicates that trend is
remains down.
On hourly chart, GBPINR has given breakdown of its falling
channel pattern at 96.80 levels . A momentum oscillator RSI
have been trading below 60 levels on daily chart which gives
bearishness to the prices.
Moreover, momentum indicator MACD has shown negative
crossover on daily chart which support our bullish view on
the pair.
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
S3 S2 S1 Pivot R1 R2 R3
GBPINR 95.15 95.76 96.18 96.37 96.79 96.98 97.59
EURINR 75.63 75.84 75.94 76.05 76.15 76.26 76.47
4. Currency Highlights
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Economic Indicators
Date Time Data Prior Expected Impact
10.05.16 7:00am CPI y/y 2.3% 2.3% Actual > Forecast = Good for
currency; Yuan
10.05.16 7:00am PPI y/y -4.3% -3.8% Actual > Forecast = Good for
currency; Yuan
10.05.16 12:45pm FOMC Member Dudley Speaks
10.05.16 2:00pm Goods Trade Balance -12.0B -11.2B Actual > Forecast = Good for
currency; GBPINR
10.05.16 7:30pm JOLTS Job Openings 5.45M 5.55M Actual > Forecast = Good for
currency; USDINR
10.05.16 10th-12th Mortgage Delinquencies 4.77% Actual > Forecast = Good for
currency; USDINR
10th
May’2016
5. Currency Highlights
10th
May’2016
SEBI Certified – Research Analyst Equities I Commodities I Currencies I Mutual Funds
Amit Pathania
Digitally signed by Amit Pathania
DN: cn=Amit Pathania, o=Choice Equity Broking Pvt. ltd, ou=Research
Department, email=amit.pathania@choiceindia.com, c=IN
Date: 2016.05.10 08:44:11 +05'30'