The document outlines key economic indicators released on August 19, including Japan's trade balance and inflation rates in the UK and the US. It highlights market responses, such as the decline of Asian currencies and the rise of the British pound due to inflation data. Additionally, it includes technical analysis for currency pairs like GBP/INR, noting its potential bullish trend above a resistance level.

1. 19AUGUST15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
5:20am
JPY
Trade Balance -0.16T -0.25T
10:00am
JPY
All Industries Activity m/m 0.4% -0.5%
1:30pm
EUR
Current Account 19.2B 18.0B
6:00pm
USD
CPI m/m 0.2% 0.3%
6:00pm
USD
Core CPI m/m 0.2% 0.2%
11:30pm
USD
FOMC Meeting Minutes - -
 Asian currencies slip, Baht slides to 6-year low after Bangkok bomb
blast.
 U.K. Inflation Quickens as Core Rate Rises to 5-Month High.
 Sterling surges to session highs after UK inflation data.
 Dollar firm as Fed back in focus, pound softer before UK inflation
data.
 Russian rouble hits new 6-month lows as oil weakens.
 China's yuan slips even as PBOC sets firmer midpoint.
 China new July home prices rise +0.3% m/m, -3.7% y/y.
News FLASH
Economic calendar – Aug 19

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 65.3000 65.2000 65.1000 65.6000 65.7000 65.8000
EURINR 72.3000 72.2000 72.1000 72.8000 72.9000 73.0000
GBPINR 102.1000 101.9000 101.7000 102.5000 102.6000 102.7000
JPYINR 52.4000 52.3000 52.2000 52.7000 52.8000 52.9000
GBPINR on its daily charts is trading above the important resistance of 102.0000 and still looks to follow
the bull trend if it holds above the level of 102.4800.
Pivot table
TECHNICAL VIEW
GBPINR

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