The document provides a daily market insight report from Epic Research Singapore that includes: - Discussion of currency movements for the GBP/USD and EUR/USD, noting the GBP held steady after UK borrowing data while the EUR/USD continued declining. - The upcoming economic calendar for the day with forecasts and previous data for events from Japan, the Philippines, Singapore, Finland, and Italy. - Hourly charts for GBP/USD and EUR/USD with technical analysis and signals to buy or sell at certain price levels. - A disclaimer about the information provided in the report.

1. Iforex Market Insight
 INTERNATIONAL CURRENCY
BUZZ
 ECONOMIC CALENDAR
 GBP/USD HOURLY CHART
 EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE

2. Forex- Dollar erases losses after U.S. inflation data, eyes on Yellen.
Forex- GBP/USD holds steady after U.K. public sector borrowing data.
Forex- EUR/USD continues slump, as Yellen expects Fed to hike interest rates
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date-: 25-May
INTERNATIONAL CURRENCY BUZZ
GBP/USD
EUR/USD
GBP/USD hit 1.5690 during European morning trade, the session high; the pair subse-
quently consolidated at 1.5659.The pound held steady against the U.S. dollar on Friday, af-
ter data showed that U.K. public sector net borrowing rose less than expected last month,
while demand for the greenback remained under pressure. Cable was likely to find support
at 1.5520, Thursday's low and resistance at 1.5750, the high of May 17.The U.K. Office
for National Statistics reported that public sector net borrowing rose by £6.04 billion in
April, compared to expectations for an increase of £7.80 billion. The change in public sec-
tor net borrowing for March was revised to a £6.06 billion gain from a previously estimated
£6.74 billion increase.
EUR/USD closed the week at 1.1014, after ending Friday's session down 0.0099 or 0.89%.
The dollar appreciated significantly against the euro on the week, gaining nearly 3% after
the pair opened on Monday at 1.1444.EUR/USD has now fallen in five of the last six ses-
sions. The dollar continued its recent rally against the euro finishing higher against its Euro-
pean counterpart for the first time in five weeks, amid mixed U.S. consumer pricing data
and comments from key central bankers on both sides of the Atlantic on the short-term
outlook of both economies. The pair plunged from a near intra-day high of 1.1175 to a near
session-low of 1.1016 within a span of 90 minutes during U.S. morning trading.

3. Iforex Market Insight
Date-: 25-May
www.epicresearch.sgIforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Monday,25 MAY
05:20 JPY Exports (YoY) (Apr) 6.4% 8.5%
05:20 JPY Imports (YoY) (Apr) -1.5% -14.5%
05:20 JPY Trade Balance (Apr) -319B 229B
08:32 PHP Budget Balance (Jan) 46.3B
10:30 SGD Singaporean CPI (YoY) (Apr) -0.1% -0.3%
11:30 EUR Finnish Export Price Index (YoY) (Apr) -0.2%
11:30 EUR Finnish Import Price Index (YoY) (Apr) -4.2%
11:30 EUR Finnish PPI (YoY) (Apr) -0.8%
13:30 EUR Italian Trade Balance Non-EU (Apr) 3.58B

4. Iforex Market Insight
Date-: 25-May
www.epicresearch.sgIforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBPUSD ABOVE 1.5540 TARGET 1.5560 1.5590 SL 1.5510
SELL GBPUSD BELOW 1.5445 TARGET 1.5425 1.5395 SL 1.5475
GBP/USD HOURLY CHART
BUY EURUSD ABOVE 1.1020 TARGET 1.1040 1.070 SL 1.0990
SELL EURUSD BELOW 1.0965 TARGET 1.0945 1.0915 SL 1.0935

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