2. HEADLINES
Rupee falls to 1 month low on euro, share losses
The rupee fell to an over 1-month low in late trade on
Monday as local stocks slipped and the euro weakened as
last week's Federal Reserve minutes continued to cast
doubt over future US monetary stimulus. The BSE stock
index gave up early gains to end down 0.47 per cent. The
rupee was at 55.26/27 per dollar as of 1010 GMT, it’s
weakest since Nov 29, and down from its previous closes
of 55.07/08.
Rupee slips 13 paise against dollar; fails to
maintain upward momentum
TRADING TIPS Failing to maintain its initial upward momentum, the
rupee today slid by 13 paise to 55.03 against the dollar in
BUY USD/INR late morning trade due to bouts of demand for the US
ABOVE 55.47 currency from banks and oil importers amid firm cues
FOR TGT overseas.The rupee had gained 17 paise in the early
55.62/55.77 morning trade and was trading at 54.90.The local
currency resumed higher at 55 per dollar as against the
SL 55.32
previous closing level of 55.82 at the Interbank Foreign
PAST
Exchange (Forex) Market. It traded in a range of 54.90
PERFORMANCE and 55.04 before quoting 55.03 at 1110 hrs.
BUY EUR/INR
ABOVE 71.97 REFERENCE RATE
FOR TGT As on 7THJanuary 2013
72.12/72.27
UNDERLYING RATE
SL 71.82
USDINR 54.9780
TARGET ACHIEVED
EURINR 71.6690
GBPINR 88.1077
JPYINR 62.6700
www.epicresearch.co +919752199966
6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
3:30pm EUR Retail Sales m/m 0.5% -1.2%
3:30pm EUR Unemployment Rate 11.8% 11.7%
4:30pm EUR German Factory Orders -1.4% 3.9%
m/m
8:30pm USD IBD/TIPP Economic 46.3 45.1
Optimism
9:30pm USD Crude Oil Inventories -1.6M -1.0M
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide
individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular
investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be
responsible for any transaction conducted based on the information given in this report, which is in violation of rules and
regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together
with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding
positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will
and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held
responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not
purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.epicresearch.co +919752199966
