The document provides a daily economic calendar and forecast for currency exchange rates. It summarizes upcoming economic data releases for various countries and currencies, including building approvals in Australia, manufacturing PMIs in China, Spain, Italy, and Germany, and factory orders in the US. Brief market updates are also provided on currency movements for the rupee, euro, British pound, Australian dollar, and Japanese yen. Technical analysis identifies potential selling of the GBPINR currency pair if it falls below 98.0000.

1. 05 MAY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
07:00am
AUD
Building Approvals m/m - <3.2%
07:15am CNY
HSBC Final Manufacturing PMI - 49.2
12:45pm EUR
Spanish Manufacturing PMI - 54.3
01:15pm EUR
Italian Manufacturing PMI - 53.3
01:25pm EUR
German Final Manufacturing PMI -
51.9
07:30pm USD
Factory Orders m/m - 0.2%
 Rupee hits 63.72 versus US dollar.
 Jobless Claims in U.S. Decrease to Lowest Level in 15 Years.
 Euro near 2-month high vs dollar as Bond yields keep rising.
 GBP/USD edges up near 2-month highs after Fed statement.
 AUD/USD drops after Australian import prices data.
 Yen gains as Bank of Japan holds policy steady, dissent noted.
 German Retail turnover increased 3.5% in real terms in March
2015.
News FLASH
Economic calendar - May 04

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.7000 63.6000 63.5000 63.9000 64.0000 64.1000
EURINR 71.0000 70.9000 70.8000 71.5000 71.6000 71.7000
GBPINR 98.0000 97.8000 97.6000 98.4000 98.6000 98.8000
JPYINR 53.5000 53.4000 53.3000 53.8000 53.9000 54.0000
GBPINR on daily charts after a good bull rally made a reversal candlestick pattern and so selling can be
seen if it sustains below the level of 98.0000.
Pivot table
TECHNICAL VIEW
GBPINR

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