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Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date –06– Sep
INTERNATIONAL CURRENCY BUZZ
EUR/USD
GBP/USD
The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket
of six major currencies, slid 0.16% to 96.52, holding above the one-week low of 95.17 struck af-
ter Friday’s nonfarm payrolls report.The U.S. economy added 151,000 jobs last month the Labor
Department said, below the jobs growth of 180,000 that economists had expected.The data
dampened expectations that the Federal Reserve will raise interest rates again this year.The U.S.
central bank raised interest rates for the first time in almost a decade in December.Expectations
of higher interest rates typically boost the dollar by making it more attractive to yield seeking in-
vestors.Sterling was higher, with GBP/USD rising 0.23% to 1.3324 after data showing that activity
in Britain’s service sector rebounded strongly last month from a slowdown prompted by June's
vote to exit the European Union.
The dollar slipped lower against the other major currencies on Monday, as Friday’s downbeat
U.S. employment report crushed expectations for a U.S. rate hike in the near future.Trading vol-
umes were expected to remain light with U.S. markets set to remain closed on Monday for the
Labor Day holiday.EUR/USD edged up 0.11% to at 1.1167.The greenback remained under pres-
sure after data on Friday showed that the U.S. economy added 151,000 jobs in August, disap-
pointing expectations for an increase of 180,000.The U.S. unemployment rate remained un-
changed at 4.9% this month, confounding expectations for a downtick to 4.8%.The report also
showed that average hourly earnings rose 0.1% in August, below expectations for a 0.2% in-
crease.
Forex - Dollar dips vs yen after BOJ's Kuroda disappoints easing bets
Forex - Asia FX up as US jobs data eases Sept Fed rate hike chances
Forex - Dollar firm after U.S. payrolls do little to change Fed expectations
Iforex Market Insight
Date – 06– Sep
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Tuesday, September 6, 2016
04:31 GBP BRC Retail Sales Monitor (YoY) (Aug) 1.1%
07:00 AUD Current Account (Q2) -19.8B -14.9B
10:00 AUD Interest Rate Decision (Sep) 1.50% 1.50%
10:00 AUD RBA Rate Statement
11:15 CHF GDP (QoQ) (Q2) 0.4% 0.1%
11:15 CHF GDP (YoY) (Q2) 0.9% 0.7%
11:30 EUR German Factory Orders (MoM) (Jul) 0.5% -0.4%
12:45 CHF CPI (MoM) (Aug) -0.1% -0.4%
14:30 EUR GDP (YoY) (Q2) 1.6% 1.6%
14:30 EUR GDP (QoQ) (Q2) 0.3% 0.3%
15:00 ZAR GDP Annualized (QoQ) (Q2) 2.3% -1.2%
19:15 USD Markit Composite PMI (Aug) 51.5 51.5
19:15 USD Services PMI (Aug) 50.9 50.9
19:30 USD ISM Non-Manufacturing Employment (Aug) 51.4
19:30 USD ISM Non-Manufacturing PMI (Aug) 55.0 55.5
Tentative NZD GlobalDairyTrade Price Index 12.7%
21:45 CHF SNB Chairman Thomas Jordan speaks
Iforex Market Insight
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP/USD ABOVE 1.3330 TGT 1.3350 1.3380 SL 1.3300
SELL GBP/USD BELOW 1.3320 TGTR 1.3300 1.3270 SL 1.3350
GBP/USD HOURLY CHART
BUY EUR/USD ABOVE 1.1165 TGT 1.1185 1.1215 SL 1.1135
SELL EUR/USD BELOW 1.1160 TGT 1.1140 1.1110 SL 1.1190
Date – 06– Sep
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 inde-
pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi-
nancial 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 .
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 recommen-
dation 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.
EPIC RESEARCH SINGAPORE
EPIC RESEARCH SINGAPORE
1,Raffles Place # 44-02
Singapore(048616)
www.epicresearch.sg
HNI & NRI SALES CONTACT
2117 Arbor Vista DR.
Charlotte (NC)
Cell:+1 704 249 2315

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Epic research singapore daily i forex report 06 sep 2016

  • 1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
  • 2. www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- Iforex Market Insight Date –06– Sep INTERNATIONAL CURRENCY BUZZ EUR/USD GBP/USD The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slid 0.16% to 96.52, holding above the one-week low of 95.17 struck af- ter Friday’s nonfarm payrolls report.The U.S. economy added 151,000 jobs last month the Labor Department said, below the jobs growth of 180,000 that economists had expected.The data dampened expectations that the Federal Reserve will raise interest rates again this year.The U.S. central bank raised interest rates for the first time in almost a decade in December.Expectations of higher interest rates typically boost the dollar by making it more attractive to yield seeking in- vestors.Sterling was higher, with GBP/USD rising 0.23% to 1.3324 after data showing that activity in Britain’s service sector rebounded strongly last month from a slowdown prompted by June's vote to exit the European Union. The dollar slipped lower against the other major currencies on Monday, as Friday’s downbeat U.S. employment report crushed expectations for a U.S. rate hike in the near future.Trading vol- umes were expected to remain light with U.S. markets set to remain closed on Monday for the Labor Day holiday.EUR/USD edged up 0.11% to at 1.1167.The greenback remained under pres- sure after data on Friday showed that the U.S. economy added 151,000 jobs in August, disap- pointing expectations for an increase of 180,000.The U.S. unemployment rate remained un- changed at 4.9% this month, confounding expectations for a downtick to 4.8%.The report also showed that average hourly earnings rose 0.1% in August, below expectations for a 0.2% in- crease. Forex - Dollar dips vs yen after BOJ's Kuroda disappoints easing bets Forex - Asia FX up as US jobs data eases Sept Fed rate hike chances Forex - Dollar firm after U.S. payrolls do little to change Fed expectations
  • 3. Iforex Market Insight Date – 06– Sep www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore ECONOMIC CALENDAR Time Cur. Event Forecast Previous Tuesday, September 6, 2016 04:31 GBP BRC Retail Sales Monitor (YoY) (Aug) 1.1% 07:00 AUD Current Account (Q2) -19.8B -14.9B 10:00 AUD Interest Rate Decision (Sep) 1.50% 1.50% 10:00 AUD RBA Rate Statement 11:15 CHF GDP (QoQ) (Q2) 0.4% 0.1% 11:15 CHF GDP (YoY) (Q2) 0.9% 0.7% 11:30 EUR German Factory Orders (MoM) (Jul) 0.5% -0.4% 12:45 CHF CPI (MoM) (Aug) -0.1% -0.4% 14:30 EUR GDP (YoY) (Q2) 1.6% 1.6% 14:30 EUR GDP (QoQ) (Q2) 0.3% 0.3% 15:00 ZAR GDP Annualized (QoQ) (Q2) 2.3% -1.2% 19:15 USD Markit Composite PMI (Aug) 51.5 51.5 19:15 USD Services PMI (Aug) 50.9 50.9 19:30 USD ISM Non-Manufacturing Employment (Aug) 51.4 19:30 USD ISM Non-Manufacturing PMI (Aug) 55.0 55.5 Tentative NZD GlobalDairyTrade Price Index 12.7% 21:45 CHF SNB Chairman Thomas Jordan speaks
  • 4. Iforex Market Insight www.epicresearch.sgIforex Market Insight Report By Epic Research Singa- EUR/USD HOURLY CHART BUY GBP/USD ABOVE 1.3330 TGT 1.3350 1.3380 SL 1.3300 SELL GBP/USD BELOW 1.3320 TGTR 1.3300 1.3270 SL 1.3350 GBP/USD HOURLY CHART BUY EUR/USD ABOVE 1.1165 TGT 1.1185 1.1215 SL 1.1135 SELL EUR/USD BELOW 1.1160 TGT 1.1140 1.1110 SL 1.1190 Date – 06– Sep
  • 5. 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 inde- pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi- nancial 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 . 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 recommen- dation 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. EPIC RESEARCH SINGAPORE EPIC RESEARCH SINGAPORE 1,Raffles Place # 44-02 Singapore(048616) www.epicresearch.sg HNI & NRI SALES CONTACT 2117 Arbor Vista DR. Charlotte (NC) Cell:+1 704 249 2315