Issuu on Google+

WEEKLY FOREX REPORT 15TH APRIL 2013

WWW.EPICRESEARCH.CO

+919752199966


 HEADLINES 

Rupee flat; lower retail inflation spurs rate cut hopes The rupee ended flat on Friday as a slump in local stocks after a weak revenue guidance from IT bellwether Infosys, was evened out by hopes the Reserve Bank of India (RBI) would cut interest rates next month after data showed slowing consumer inflation.The rupee gained a modest 0.5 per cent for the week, which has been marked by concerns about outflows after foreign investors sold a net $37.29 million in equities in April and a net $510.57 million of

 RBI REFERENCE RATE As on 12TH APRIL 2013

debt, according to the latest available regulatory data. 

Forex reserves at $293.84 bn as on April 5: RBI The foreign exchange reserves rose by USD 1.196 billion to touch USD 293.84 billion during the week ended

UNDERLYING

RATE

April 5 on the back of increase in core currency assets,

USDINR

54.4425

the Reserve Bank said today.The total reserves stood at

EURINR

71.3310

GBPINR

83.7761

the forex reserves, were up by USD 1.787 billion to USD

JPYINR

54.7700

261.513 billion for the week ended April 5, Reserve

USD 292.647 billion in the previous reporting week.Foreign currency assets, a major component of

Bank's weekly statistical supplement said today.

www.epicresearch.co

+919752199966


PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

DAILY MARKET STATISTICS (As on22NDMARCH 2013)

CHANA

7/19/2012

Symbol CHILLI

Series/Expiry 5060Unit 7/19/2012

EUR-INR GUR

26-Apr-2013 7/19/2012

4556

4573

4525

4560

5060 Open5018

High5120

4532

-28

Low 5018 Close -102

1 EUR 1188 71.50751178 71.6700 1188 1183.571.32251178 71.4175 -5.5

JEERA EUR-INR

7/19/2012 14650 72.0800 15052.571.7475 14800 71.8150 -252.5 29-May-2013 14955 1 EUR 1496071.9300

KAPAS

7/19/2012

1044

1053

PEPPER

7/19/2012

42300

42555

42250

REF SOYA

7/19/2012

780.5

783.6

777.4

GBP-INR

GBP-INR

JPY-INR

SOY BEAN JPY-INR

TURMERIC USD-INR

WHEAT

26-Apr-2013

29-May-2013

1 GBP

1 GBP

7/19/2012

4309 4600

4330

1251

4265.5 55.2500

4676

1 USD

26-Apr-2013

7/19/2012

54.8325

100 JPY

29-May-2013

7/19/2012

84.4000

100 JPY

26-Apr-2013

1035

83.9000

4518 54.5200

1282

1251

1049

84.1150

42390

84.5500

1041

83.8375

42435

84.3000

782.85 55.3825

4303 55.7275

4664 54.7650

1246

781.3

54.8325

4315 55.2150

4540 54.4800

1282

-8

84.0075

45

84.4375

-1.55 55.1750

12 55.5400

-124 54.6950

36

-0.61

Prev.-1.99 Close

71.5475 -0.46

-1.68 71.9800 -0.76

83.6200

0.11

84.0775

-0.2 54.9525

0.28 55.2950

-2.66 54.6525

2.89

USD-INR

29-May-2013

1 USD

54.8200

55.0750

54.8150

55.0000

54.9950

USD-INR

26-Jun-2013

1 USD

55.1700

55.3700

55.1200

55.2900

55.2750

www.epicresearch.co

+919752199966


WEEKLY USD/INR CHART

ANALYSIS OPEN: 54.7800 HIGH: 54.7900 LOW: 54.3400 CLOSE: 54.5300

 USD/INR LOOKS SIDEWAYS  TREND: BULLISH  STRATEGY: BUY ON DIPS

www.epicresearch.co

+919752199966


 WEEKLY EUR/INR CHART

ANALYSIS OPEN: 71.1700 HIGH: 71.5500 LOW: 70.8100 CLOSE: 71.2000

 EUR/INR LOOKS SIDEWAYS  TREND: BULLISH  STRATEGY: BUY ON DIPS

www.epicresearch.co

+919752199966


FOREX FORTHCOMING EVENTS DAY

TIME

CURRENCY

DETAILS

ACTUAL

FORECAST

PREVIOUS

TUESDAY

7:15pm

GBP

CPI y/y

2.8%

2.8%

TUESDAY

2:00pm

EUR

German ZEW Economic

0.4%

-1.5%

TUESDAY

5:45pm

USD

Building Permits

0.94M

0.94M

TUESDAY

6:00pm

USD

Core CPI m/m

0.2%

0.2%

THURSDAY

8:30am

USD

Unemployment Claims

347K

346K

THURSDAY

10:00am

USD

Philly Fed Manufacturing Index

3.1

2.0

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


weekly-forex-report BY EPIC RESEARCH 15 APRIL 2013