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WEEKLY FOREX REPORT 1ST OCTOBER 2012 WWW.EPICRESEARCH.CO 9993959693 HEADLINES Rupee to touch 50-mark against dollar in 2-4 months: Govt The government on Friday said the rupee could touch the 50-mark to a dollar in the next four months on the back of strong inflow of foreign currency."If rupee further strengthens, which we hope it will, with the steps the government is taking, we expect it could even touch 50 in the next 2-3 months or four months," Department of Economic Affairs secretary Arvind Mayaram told reporters here. RBI REFERENCE RATE Forex reserves slip $ 500 million to $ 293.97 billion As on 28th September 2012 The foreign exchange reserves fell by $ 502.4 million to $ 293.97 billion due to fall in the currency assets, according to Reserve Bank data released today. The UNDERLYING RATE total reserves had risen $ 2.44 billion to $ 294.47 USDINR 52.6970 billion in the previous reporting week. EURINR 68.1485 Sterling falls vs euro on Spain's draft budget GBPINR 85.7117 Sterling fell against the euro on Friday after investors JPYINR 68.0000 gave a cautious welcome to Spain's 2013 draft budget, although losses were expected to be capped by uncertainty over when the country may ask for a bailout. www.epicresearch.co 9993959693 PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS (As on 28thSeptember 2012) CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Prev. Symbol Series/Expiry Unit Open High Low Close CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 Close EUR-INR GUR 29-Oct-2012 7/19/2012 1188 EUR 1188 68.4000 1 1178 68.6600 68.2000 1183.5 1178 68.5550 -5.5 68.6025 -0.46 EUR-INR JEERA 1 14650 68.7850 68.4150 27-Nov-2012 14955EUR 1496068.5300 7/19/2012 15052.5 14800 68.7250 -252.5 68.8300 -1.68 GBP-INR KAPAS 29-Oct-2012 7/19/2012 1044 GBP 1053 86.1000 1 1035 86.1000 85.5125 1049 1041 85.9050 -8 86.3625 -0.76 GBP-INR PEPPER 1 42250 86.1800 85.7800 27-Nov-2012 42300GBP 4255586.1000 7/19/2012 42390 42435 86.1450 45 86.5550 0.11 JPY-INR REF SOYA 29-Oct-2012 7/19/2012 780.5 JPY 783.668.3000 100 777.4 68.3400 67.8400 782.85 781.3 68.2875 -1.55 68.6325 -0.2 JPY-INR SOY BEAN 27-Nov-2012 7/19/2012 4309 JPY 4330 68.2900 100 4265.5 68.5250 68.0600 4303 4315 68.4675 12 68.7825 0.28 USD-INR TURMERIC 29-Oct-2012 7/19/2012 4600 USD 4676 53.1000 1 4518 53.1100 52.7225 4664 4540 53.0525 -124 53.3400 -2.66 USD-INR WHEAT 27-Nov-2012 7/19/2012 1251 USD 1282 53.2525 1 1251 53.3225 52.9350 1246 1282 53.2550 36 53.5275 2.89 USD-INR 27-Dec-2012 1 USD 53.5100 53.5200 53.1600 53.4800 53.7925 www.epicresearch.co 9993959693 WEEKLY USD/INR CHART ANALYSIS OPEN: 53.5200 HIGH: 53.5375 LOW: 52.7225 CLOSE: 53.0525 USD/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE WEEKLY EUR/INR CHART ANALYSIS OPEN: 69.2100 HIGH: 69.2850 LOW: 68.2000 CLOSE: 68.5550 EUR/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE www.epicresearch.co 9993959693 FOREX FORTHCOMING EVENTS DAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS MONDAY 10.00PM USD Fed Chairman Bernanke Speaks TUESDAY 7.30 PM USD ISM Non-Manufacturing PMI 50.0 49.6 WEDNESDAY 7.30PM USD New Home Sales 381K 372K THURSDAY 6.00 PM EUR ECB Press Conference THURSDAY 11.30 USD FOMC Meeting Minutes PM FRIDAY 6.00 PM USD Unemployment Rate 8.2% 8.1% FRIDAY 6.00 PM USD Non-Farm Employment Change 111K 96K 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. 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