- The Indian rupee fell on Friday, snapping a four-day gain due to profit-taking and fading hopes of policy reforms in parliament.
- The British pound fell against the dollar and euro after UK GDP data came in line with expectations.
- The euro traded in a tight range ahead of an important meeting between the German Chancellor and Greek Prime Minister over further financial aid for Greece.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The weekly forex report provides the following information:
1) India's forex reserves decreased by $471.3 million last week due to declines in gold reserves and other currency assets.
2) The rupee fell against the dollar on Friday due to euro weakness but may gain next week if more financial reforms pass parliament.
3) Market statistics and analysis are provided for various currency pairs including USD/INR expected to trade sideways in a consolidated trend.
- The rupee rose 2.3% against the dollar last week, its biggest weekly gain since July, helped by capital inflows on optimism about economic reforms in India.
- Sterling hit a one-month high against the dollar, tracking gains in the euro. The euro rose to a seven-month high against the yen on month-end demand from Japanese importers.
- Key economic data and central bank speeches are expected this week from major economies like the US, UK, and eurozone, which could impact currency movements.
The daily forex report provides the following key information:
- The euro fell to a two-week low against the British pound on concerns about Spain and Greece and potential UK farm subsidy payments.
- The Indian rupee strengthened against the US dollar due to foreign fund inflows into India following economic reforms.
- Trading tips recommend buying the USD/INR currency pair above 53.57 with targets of 53.72 and 53.87 and a stop loss of 53.40.
The rupee is expected to weaken further against the dollar in the coming months, possibly reaching 50 rupees to the dollar. Foreign exchange reserves declined by $500 million last week. The euro fell against the dollar on Friday following the release of Spain's draft budget. Both the USD/INR and EUR/INR currency pairs are showing bearish trends according to technical analysis. Key economic data and central bank meetings from the US and Europe are expected in the coming week.
The weekly forex report provides the following information:
- The rupee gained against the dollar for the week on strong foreign inflows but sentiment remained cautious due to concerns over India's current account deficit and US fiscal cliff negotiations.
- The British pound fell to an 8-month low against the euro due to uncertainty over the UK's economic recovery and reduced eurozone debt concerns boosting the euro.
- The yen fell to a 2-year low versus the dollar on expectations the new Japanese government will push the Bank of Japan to more aggressively ease monetary policy.
- Key upcoming economic data and events are provided for major currencies along with analysis of recent currency movements and trading strategies.
The daily forex report provides headlines on the euro steadying against the dollar after a German court ruling. It also discusses the rupee shedding value against the dollar due to increased demand. Charts and analysis are presented for USD/INR and EUR/INR, noting bullish trends and a strategy to buy on dips. Forthcoming US retail sales data is also highlighted.
Sterling was firm against the dollar and euro as the Fed eased monetary policy, driving investors to sell the dollar. The rupee trimmed gains after the RBI kept interest rates unchanged, dashing positive impact from reforms. Traders are advised to buy USD/INR above 54.13 and EUR/INR above 71.40. German ZEW economic sentiment data is due out later in the day.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The weekly forex report provides the following information:
1) India's forex reserves decreased by $471.3 million last week due to declines in gold reserves and other currency assets.
2) The rupee fell against the dollar on Friday due to euro weakness but may gain next week if more financial reforms pass parliament.
3) Market statistics and analysis are provided for various currency pairs including USD/INR expected to trade sideways in a consolidated trend.
- The rupee rose 2.3% against the dollar last week, its biggest weekly gain since July, helped by capital inflows on optimism about economic reforms in India.
- Sterling hit a one-month high against the dollar, tracking gains in the euro. The euro rose to a seven-month high against the yen on month-end demand from Japanese importers.
- Key economic data and central bank speeches are expected this week from major economies like the US, UK, and eurozone, which could impact currency movements.
The daily forex report provides the following key information:
- The euro fell to a two-week low against the British pound on concerns about Spain and Greece and potential UK farm subsidy payments.
- The Indian rupee strengthened against the US dollar due to foreign fund inflows into India following economic reforms.
- Trading tips recommend buying the USD/INR currency pair above 53.57 with targets of 53.72 and 53.87 and a stop loss of 53.40.
The rupee is expected to weaken further against the dollar in the coming months, possibly reaching 50 rupees to the dollar. Foreign exchange reserves declined by $500 million last week. The euro fell against the dollar on Friday following the release of Spain's draft budget. Both the USD/INR and EUR/INR currency pairs are showing bearish trends according to technical analysis. Key economic data and central bank meetings from the US and Europe are expected in the coming week.
The weekly forex report provides the following information:
- The rupee gained against the dollar for the week on strong foreign inflows but sentiment remained cautious due to concerns over India's current account deficit and US fiscal cliff negotiations.
- The British pound fell to an 8-month low against the euro due to uncertainty over the UK's economic recovery and reduced eurozone debt concerns boosting the euro.
- The yen fell to a 2-year low versus the dollar on expectations the new Japanese government will push the Bank of Japan to more aggressively ease monetary policy.
- Key upcoming economic data and events are provided for major currencies along with analysis of recent currency movements and trading strategies.
The daily forex report provides headlines on the euro steadying against the dollar after a German court ruling. It also discusses the rupee shedding value against the dollar due to increased demand. Charts and analysis are presented for USD/INR and EUR/INR, noting bullish trends and a strategy to buy on dips. Forthcoming US retail sales data is also highlighted.
Sterling was firm against the dollar and euro as the Fed eased monetary policy, driving investors to sell the dollar. The rupee trimmed gains after the RBI kept interest rates unchanged, dashing positive impact from reforms. Traders are advised to buy USD/INR above 54.13 and EUR/INR above 71.40. German ZEW economic sentiment data is due out later in the day.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
- The Indian rupee recovered against the dollar after inflation eased more than expected in November, raising hopes the central bank will cut interest rates starting in January.
- Wholesale inflation was 7.24% in November, lower than the 7.6% estimate, improving the outlook for interest rates. Some expect an interest rate cut or cash reserve ratio cut from the central bank.
- The government is pushing reforms to speed up infrastructure projects and investment in fertilizers.
The daily forex report provides analysis of currency movements and trading recommendations. Key points include:
- The US dollar pulled back from recent highs as the yen was supported by Japan approving new leadership at the central bank.
- Trading tips recommend selling USD/INR below 54.19 and EUR/INR below 70.87.
- Charts and analysis indicate bearish trends for USD/INR and EUR/INR, recommending selling on rises in these currency pairs.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The daily forex report provides the following information:
- The rupee trimmed initial gains but was still up 15 paise against the dollar amid foreign capital inflows in the stock market.
- Trading tips recommend buying USD/INR above 54.62 for targets of 54.77-54.92.
- Key data and charts are provided tracking the performance of USD/INR, EUR/INR, and other currency pairs against the rupee.
DAILY FOREX REPORT BY EPIC RESEARCH- 4 DECEMBER 2012Epic Research
- The Indian rupee dropped 21 paise against the US dollar to trade at 54.47, due to renewed demand for dollars from banks and exporters as the dollar strengthened overseas.
- The RBI reference rate for the USD/INR was 54.5610 as of December 3rd.
- Trading tips recommended buying USD/INR above 54.95 for targets of 55.15-55.35 with a stop loss of 54.75.
The daily forex report provides the following information:
- The rupee appreciated against the dollar in early trading due to increased foreign fund flows and gains in the local stock market.
- Trading tips are given to sell the EUR/INR below 72.50 and buy USD/INR above 54.34.
- Market statistics and charts are provided showing the daily movement of various currency pairs including USD/INR, EUR/INR, and GBP/INR. Upcoming economic data releases from the US and Europe are also listed.
- The rupee fell to an over 1-month low against the dollar due to losses in local stocks and weakness in the euro following doubts over future US monetary stimulus.
- The rupee initially gained but then slipped 13 paise against the dollar to 55.03 as demand grew for the US currency from banks and oil importers amid firm global cues.
- The daily forex report provides the previous day's currency rates and movements, trading tips and strategies for USD/INR and EUR/INR, and upcoming economic data releases.
The Indian rupee trimmed initial gains against the US dollar but was still up by 15 paise. Weakness in the dollar and foreign capital inflows supported the rupee. The forex report provides the daily reference exchange rates and a technical analysis of USD/INR and EUR/INR currency pairs. Key economic data from major countries is also listed, along with trading tips and performance of various commodities in the domestic market.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The rupee opened higher against the dollar but failed to maintain gains, closing up just 10 paise. The central bank of China appeared to buy dollars, pushing the yuan to its weakest level in over a month. Most commodity prices on the futures market declined over the past day. Analysts recommend buying the USD/INR pair on dips with targets above 54.73 and stop loss below 54.55.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The rupee edges down slightly to 54.36/37 against the US dollar as oil companies purchase dollars. Euro rises against the dollar after positive Chinese manufacturing data. The RBI signs a $15 billion currency swap agreement with the Bank of Japan to exchange local currencies against the US dollar. Most domestic commodity markets trade largely flat with some experiencing declines of 1-2%. USD/INR and EUR/INR markets look sideways with a consolidated trend, strategy is to buy on dips.
The rupee weakened by 33 paise against the dollar in early trade due to increased demand from importers and a weak opening in the stock market. Asian stock markets fell following concerns from U.S. Federal Reserve officials about continuing bond purchases. Traders will watch domestic stock market movements for cues on foreign fund flows. The daily forex report provides analysis of currency pairs and recommends strategies, such as buying EUR/INR above 71.97 for targets of 72.12 to 72.27.
The weekly forex report provides the following information:
- The rupee gained against the dollar for the week on strong foreign inflows but sentiment remained cautious due to concerns over India's current account deficit and US fiscal cliff negotiations.
- The British pound fell to an 8-month low against the euro due to uncertainty over the UK's economic recovery and reduced eurozone debt concerns boosting the euro.
- The yen fell to a 2-year low versus the dollar on expectations the new Japanese government will push the Bank of Japan to more aggressively ease monetary policy.
- The report provides daily market statistics and charts for various currency pairs including USD/INR and EUR/INR as well as analysis and
The daily forex report provides the following key information:
- The euro fell to a two-week low against the British pound on concerns about Spain and Greece and potential UK farm subsidies.
- The Indian rupee strengthened against the US dollar due to foreign fund inflows into India following economic reforms.
- Trading tips recommend buying the USD/INR currency pair if it rises above 53.57, with targets of 53.72 and 53.87.
The daily forex report provides the following information:
1) The rupee hit a 5-month high against the dollar on hopes of an improving economy and reforms from the government.
2) The euro recovered from a 3-week low but uncertainty in Spain dampened demand.
3) Charts and analysis indicate the USD/INR and EUR/INR trends are bearish, recommending selling on rises.
The rupee gained 2.3% against the dollar last week, its largest weekly gain since July. GDP data showed India's economy was on track for its worst year in a decade. Sterling hit a one-month high against the dollar and the euro rose to a seven-month high versus the yen amid month-end demand from importers. Key economic reports and central bank comments are expected over the coming week.
The rupee strengthened against the dollar, rising 24 paise. Euro held steady near a two-week high against the dollar on support from the ECB. Traders are advised to buy USD/INR above 52.17 and sell below 51.90. Most commodity prices declined except for wheat, which rose 2.89%. German industrial production is forecast to contract 0.4% in the coming data release.
The daily forex report provides the following:
- The rupee rose marginally and bonds and stocks were unchanged after GDP growth came in line with estimates.
- Trading tips recommend selling EUR/INR and USD/INR.
- Market statistics and charts show recent performance of various currencies and commodities.
- Analysis indicates bearish trends for USD/INR and EUR/INR and recommends selling on rises.
- Upcoming economic data from countries like Australia, Japan, UK, and US is provided.
The rupee fell to a one-week low against the euro and US dollar due to weakness in the euro as traders awaited Spain's request for a bailout and monitored developments in Greece. Foreign banks expect the USD/INR pair to remain strong due to month-end dollar demand. The RBI's upcoming rate decision may provide cues on the rupee's direction, with any rate cut likely strengthening the rupee. Analysts believe rates are unlikely to be cut. Forex markets will watch upcoming economic data from Europe and the US.
The rupee fell to a one-week low against the euro and US dollar due to weakness in the euro as traders awaited Spain's request for a bailout and monitored developments in Greece. Foreign banks expect the USD/INR pair to remain strong due to month-end dollar demand. The RBI's upcoming rate decision may provide cues on the rupee's direction, with any rate cut likely strengthening the rupee. Analysts believe rates are unlikely to be cut. Forex markets will watch upcoming economic data from Europe and the US.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
- The Indian rupee recovered against the dollar after inflation eased more than expected in November, raising hopes the central bank will cut interest rates starting in January.
- Wholesale inflation was 7.24% in November, lower than the 7.6% estimate, improving the outlook for interest rates. Some expect an interest rate cut or cash reserve ratio cut from the central bank.
- The government is pushing reforms to speed up infrastructure projects and investment in fertilizers.
The daily forex report provides analysis of currency movements and trading recommendations. Key points include:
- The US dollar pulled back from recent highs as the yen was supported by Japan approving new leadership at the central bank.
- Trading tips recommend selling USD/INR below 54.19 and EUR/INR below 70.87.
- Charts and analysis indicate bearish trends for USD/INR and EUR/INR, recommending selling on rises in these currency pairs.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The daily forex report provides the following information:
- The rupee trimmed initial gains but was still up 15 paise against the dollar amid foreign capital inflows in the stock market.
- Trading tips recommend buying USD/INR above 54.62 for targets of 54.77-54.92.
- Key data and charts are provided tracking the performance of USD/INR, EUR/INR, and other currency pairs against the rupee.
DAILY FOREX REPORT BY EPIC RESEARCH- 4 DECEMBER 2012Epic Research
- The Indian rupee dropped 21 paise against the US dollar to trade at 54.47, due to renewed demand for dollars from banks and exporters as the dollar strengthened overseas.
- The RBI reference rate for the USD/INR was 54.5610 as of December 3rd.
- Trading tips recommended buying USD/INR above 54.95 for targets of 55.15-55.35 with a stop loss of 54.75.
The daily forex report provides the following information:
- The rupee appreciated against the dollar in early trading due to increased foreign fund flows and gains in the local stock market.
- Trading tips are given to sell the EUR/INR below 72.50 and buy USD/INR above 54.34.
- Market statistics and charts are provided showing the daily movement of various currency pairs including USD/INR, EUR/INR, and GBP/INR. Upcoming economic data releases from the US and Europe are also listed.
- The rupee fell to an over 1-month low against the dollar due to losses in local stocks and weakness in the euro following doubts over future US monetary stimulus.
- The rupee initially gained but then slipped 13 paise against the dollar to 55.03 as demand grew for the US currency from banks and oil importers amid firm global cues.
- The daily forex report provides the previous day's currency rates and movements, trading tips and strategies for USD/INR and EUR/INR, and upcoming economic data releases.
The Indian rupee trimmed initial gains against the US dollar but was still up by 15 paise. Weakness in the dollar and foreign capital inflows supported the rupee. The forex report provides the daily reference exchange rates and a technical analysis of USD/INR and EUR/INR currency pairs. Key economic data from major countries is also listed, along with trading tips and performance of various commodities in the domestic market.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The rupee opened higher against the dollar but failed to maintain gains, closing up just 10 paise. The central bank of China appeared to buy dollars, pushing the yuan to its weakest level in over a month. Most commodity prices on the futures market declined over the past day. Analysts recommend buying the USD/INR pair on dips with targets above 54.73 and stop loss below 54.55.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The rupee edges down slightly to 54.36/37 against the US dollar as oil companies purchase dollars. Euro rises against the dollar after positive Chinese manufacturing data. The RBI signs a $15 billion currency swap agreement with the Bank of Japan to exchange local currencies against the US dollar. Most domestic commodity markets trade largely flat with some experiencing declines of 1-2%. USD/INR and EUR/INR markets look sideways with a consolidated trend, strategy is to buy on dips.
The rupee weakened by 33 paise against the dollar in early trade due to increased demand from importers and a weak opening in the stock market. Asian stock markets fell following concerns from U.S. Federal Reserve officials about continuing bond purchases. Traders will watch domestic stock market movements for cues on foreign fund flows. The daily forex report provides analysis of currency pairs and recommends strategies, such as buying EUR/INR above 71.97 for targets of 72.12 to 72.27.
The weekly forex report provides the following information:
- The rupee gained against the dollar for the week on strong foreign inflows but sentiment remained cautious due to concerns over India's current account deficit and US fiscal cliff negotiations.
- The British pound fell to an 8-month low against the euro due to uncertainty over the UK's economic recovery and reduced eurozone debt concerns boosting the euro.
- The yen fell to a 2-year low versus the dollar on expectations the new Japanese government will push the Bank of Japan to more aggressively ease monetary policy.
- The report provides daily market statistics and charts for various currency pairs including USD/INR and EUR/INR as well as analysis and
The daily forex report provides the following key information:
- The euro fell to a two-week low against the British pound on concerns about Spain and Greece and potential UK farm subsidies.
- The Indian rupee strengthened against the US dollar due to foreign fund inflows into India following economic reforms.
- Trading tips recommend buying the USD/INR currency pair if it rises above 53.57, with targets of 53.72 and 53.87.
The daily forex report provides the following information:
1) The rupee hit a 5-month high against the dollar on hopes of an improving economy and reforms from the government.
2) The euro recovered from a 3-week low but uncertainty in Spain dampened demand.
3) Charts and analysis indicate the USD/INR and EUR/INR trends are bearish, recommending selling on rises.
The rupee gained 2.3% against the dollar last week, its largest weekly gain since July. GDP data showed India's economy was on track for its worst year in a decade. Sterling hit a one-month high against the dollar and the euro rose to a seven-month high versus the yen amid month-end demand from importers. Key economic reports and central bank comments are expected over the coming week.
The rupee strengthened against the dollar, rising 24 paise. Euro held steady near a two-week high against the dollar on support from the ECB. Traders are advised to buy USD/INR above 52.17 and sell below 51.90. Most commodity prices declined except for wheat, which rose 2.89%. German industrial production is forecast to contract 0.4% in the coming data release.
The daily forex report provides the following:
- The rupee rose marginally and bonds and stocks were unchanged after GDP growth came in line with estimates.
- Trading tips recommend selling EUR/INR and USD/INR.
- Market statistics and charts show recent performance of various currencies and commodities.
- Analysis indicates bearish trends for USD/INR and EUR/INR and recommends selling on rises.
- Upcoming economic data from countries like Australia, Japan, UK, and US is provided.
The rupee fell to a one-week low against the euro and US dollar due to weakness in the euro as traders awaited Spain's request for a bailout and monitored developments in Greece. Foreign banks expect the USD/INR pair to remain strong due to month-end dollar demand. The RBI's upcoming rate decision may provide cues on the rupee's direction, with any rate cut likely strengthening the rupee. Analysts believe rates are unlikely to be cut. Forex markets will watch upcoming economic data from Europe and the US.
The rupee fell to a one-week low against the euro and US dollar due to weakness in the euro as traders awaited Spain's request for a bailout and monitored developments in Greece. Foreign banks expect the USD/INR pair to remain strong due to month-end dollar demand. The RBI's upcoming rate decision may provide cues on the rupee's direction, with any rate cut likely strengthening the rupee. Analysts believe rates are unlikely to be cut. Forex markets will watch upcoming economic data from Europe and the US.
The rupee fell to a one-week low against the euro and US dollar due to weakness in the euro as traders awaited Spain's request for a bailout and monitored developments in Greece. Foreign banks expect the USD/INR pair to remain strong due to month-end dollar demand. The RBI's upcoming rate decision may provide cues on the rupee's direction, with any rate cut likely strengthening the rupee. Analysts believe rates are unlikely to be cut. The report provides the daily forex rates and charts for various currency pairs and analyzes market trends.
DAILY FOREX REPORT BY EPIC RESEARCH- 30 NOVEMBER 2012Epic Research
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The daily forex report provides the following information:
- The rupee hit a 1-month low against the dollar and local stocks fell as global risk aversion increased.
- Traders are advised to sell EUR/INR below certain levels and targets were achieved.
- Market statistics on various commodities are provided showing opening, high, low, close and change.
- Charts of USD/INR and EUR/INR are shown along with analysis of trends and strategies.
- Upcoming economic data releases from various countries are listed.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Currency Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack NCDEX Tips and Free Stock Tips. We provide services in equity, commodity and Forex market
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
The rupee rose for the third consecutive session against the US dollar, gaining six paise to close at 53.65. Exporters and banks continued selling the US currency due to fund inflows. The equity market opening higher and the euro strengthening against the dollar overseas also supported the rupee. Forex dealers expect the rupee to remain supported due to sustained selling pressure on the dollar from exporters. The report provides the daily reference exchange rates and recent trading tips, with technical analysis showing the USD/INR pair remains in a bearish trend.
The daily forex report provides the following information:
1) The rupee opened weaker against the dollar due to losses in the euro overnight and dollar demand from oil firms. Asian currencies were mostly stronger versus the dollar.
2) The rupee recovered slightly against the dollar but was still down 16 paise due to fresh dollar demand from banks and importers.
3) The report provides closing prices and changes for various currency pairs including USDINR, EURINR, GBPINR and JPYINR. Charts and analysis are given for the USDINR and EURINR pairs. Upcoming economic data releases are also listed.
The daily forex report provides the following information:
1) The rupee opened weaker against the dollar due to losses in the euro overnight and dollar demand from oil firms. Asian currencies were mostly stronger versus the dollar.
2) The rupee recovered slightly against the dollar but was still down 16 paise due to fresh dollar demand from banks and importers.
3) The report provides closing prices and changes for various currency pairs including USDINR, EURINR, GBPINR and JPYINR. Charts and analysis are given for the USDINR and EURINR pairs. Upcoming economic data releases are also listed.
The rupee weakened by 33 paise against the US dollar in early trade due to increased demand for the dollar from importers and a weak opening in the domestic stock market. Asian stock markets fell following weakness in global equities after concerns from US Federal Reserve officials about continuing bond purchases. Traders will watch domestic stock market movements for cues on foreign fund flows. The report provides the daily forex rates and charts for USD/INR and EUR/INR, with analysis suggesting the trends are bullish and advising traders to buy on dips.
The rupee opened flat against the dollar but rose after data showed strong growth in China's exports and imports. China's exports grew 14.1% in December while imports grew 6%. Gold buying slowed as prices moved sideways. The government's efforts to improve public finances were also positive for the rupee. Traders were advised to sell USD/INR below 54.78 for a target of 54.63-54.48 as the trend for the currency pair was seen as bearish.
Weekly forex-report by epic research 15 april 2013Surbhi Jain
The weekly forex report provides the following key information:
1) The rupee ended flat against the dollar as lower retail inflation raised hopes for an interest rate cut by the RBI, while a weak outlook from Infosys weighed on stocks.
2) Foreign exchange reserves rose by $1.2 billion due to an increase in core currency assets.
3) Charts and analysis indicate that USD/INR and EUR/INR are in bullish trends, suggesting buying on dips.
The rupee strengthened against the dollar on hopes that the parliament would approve foreign direct investment in retail. The rupee gained 12 paise but later surrendered some gains to trade at 54.56 per dollar. Persistent capital inflows from foreign funds into the equity market boosted the rupee. The RBI reference rate for the dollar was set at 54.5690 rupees. Trading was expected to be sideways with a strategy to sell on rises.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Best practices for project execution and deliveryCLIVE MINCHIN
A select set of project management best practices to keep your project on-track, on-cost and aligned to scope. Many firms have don't have the necessary skills, diligence, methods and oversight of their projects; this leads to slippage, higher costs and longer timeframes. Often firms have a history of projects that simply failed to move the needle. These best practices will help your firm avoid these pitfalls but they require fortitude to apply.
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
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Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
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2. HEADLINES
Rupee snaps 4-day gain; politics drag on
currency
The Indian rupee fell on Friday, snapping four sessions
of gains, as profit-booking hit global risk assets and as
hopes of substantive policy reforms faded as a political
deadlock continued in parliament.
Sterling falls, gilt futures extend gains after
UK data
Sterling fell on Friday while UK gilt futures extended
gains after a revision to UK second-quarter gross
domestic product came in line with expectations,
RBI REFERENCE RATE wrongfooting some who had expected a much
As on 24th August 2012 shallower recession. The pound fell to a session low of
$1.5821 after the data was released from around
$1.5845 beforehand. The euro rose to a two-week high
of 79.28 pence from around 79.15 pence, unchanged on
UNDERLYING RATE
the day.
USDINR 55.382
Euro trades narrowly ahead of German-Greek
EURINR 69.476
talks
GBPINR 87.7971
The euro traded in a tight range in Asian trade Friday
JPYINR 70.47
ahead of a closely watched meeting between German
Chancellor Angela Merkel and Greek Prime Minister
Antonis Samaras over financial aid for Athens. The
European common currency bought $1.2564 and 98.66
yen in Tokyo morning trade, slightly stronger than
$1.2562 and 98.59 yen in New York late Thursday.
www.epicresearch.co 9993959693
6. FOREX FORTHCOMING EVENTS
DAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS
TUE 7.30 P.M USD CB Consumer Confidence 65.8 65.9
WED 7.30 P.M USD Pending Home Sales m/m 1.1% -1.4%
THU 6.00 P.M USD Unemployment Claims 370K 372K
FRI 7.30 P.M USD Fed Chairman Bernanke Speaks
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