The economic calendar for July 14 includes key indicators such as UK CPI, German ZEW economic sentiment, and US retail sales data. Major highlights include the strengthening of the US dollar following a deal to avoid a Grexit, and China's rising exports indicating economic stability. Additionally, the Indian rupee weakened against the US dollar, and technical analysis suggests bullish trends for the USD/INR pair.

1. 14 JULY15
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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
2:00pm
GBP
CPI y/y -0.1% -0.1%
2:30pm
EUR
German ZEW Economic Sentiment 30.6 31.5
2:45pm
GBP
Inflation Report Hearings - -
5:15pm
GBP
BOE Gov Carney Speaks - -
6:00pm
USD
Core Retail Sales m/m 0.7% 1.0%
6:00pm
USD
Retail Sales m/m 0.4% 1.2%
 Rupee weakens against US dollar to 63.47.
 ‘Grexit’ avoided after ‘aGreekment’ is sealed, say eurozone leaders.
 Dollar gains on rate view after Greece deal reached.
 China’s Exports Rise in Another Sign of Stabilizing Economy.
 Japan Indices of Tertiary Industry Activity: May 2015 @ -0.7% v/s -
0.1% (MoM).
 ECB to Discuss Greek Bank Aid After Euro-Area Leaders Reach Deal.
 Food prices down 0.1 percent in year to June in New Zealand.
News FLASH
Economic calendar – July 14

3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.6000 63.5000 63.4000 63.8000 63.9000 64.0000
EURINR 70.4000 70.3000 70.2000 70.7000 70.8000 70.9000
GBPINR 98.9000 98.8000 98.7000 99.2000 99.3000 99.4000
JPYINR 51.5000 51.4000 51.3000 51.8000 51.9000 52.0000
USDINR on its daily charts had again reversed from the strong support of 63.5100 and closed strong;
hence, buying can be seen above the level of 63.7300.
Pivot table
TECHNICAL VIEW
USDINR

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