WEEKLY FOREX REPORT BY EPIC RESEARCH- 3 DECEMBER 2012
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WEEKLY FOREX REPORT 3rd DECEMBER 2012 WWW.EPICRESEARCH.CO +919752199966 HEADLINES Rupee gains 2.3%, its biggest weekly gain since July The rupee rose on Friday for a third straight session, helped by capital inflows on optimism that the government will be able to win a vote in parliament and push through key reforms.India's September quarter GDP was largely in-line, but the data showed the economy was on track for its worst year in a decade, raising hopes of some monetary easing from the central bankBSE 2.40 % as early as December. RBI REFERENCE RATE Sterling rises to one-month high versus dollar Sterling hit a one-month high against the dollar on As on 30TH November 2012 Friday, tracking gains in the euro with market players citing demand from an Asian central bankBSE 2.40 %. The pound rose to $1.6062, its highest level since Nov. UNDERLYING RATE 2, breaking near-term resistance at $1.6056, its 55-day USDINR 54.5265 moving average. EURINR 70.8880 Euro rises to fresh 7-month high versus yen GBPINR 87.4823 The euro rose to a fresh seven-month high against the JPYINR 66.1700 yen on Friday, with traders citing month-end demand to buy euros from Japanese importers. The euro rose to 107.55 yen on EBS trading platform, its highest since late April. www.epicresearch.co +919752199966 PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE DAILY MARKET STATISTICS (As on 30THNovember 2012) CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 Symbol Series/Expiry Unit Open High Low Close Prev. Close CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 EUR-INR GUR 27-Dec-2012 7/19/2012 1188 EUR 1188 71.3425 1 1178 73.5000 1178 70.9725 1183.570.8475 -5.5 71.4575 -0.46 EUR-INR JEERA 29-Jan-2013 7/19/2012 1 14955EUR 1496071.3975 14650 71.9900 15052.571.0650 14800 71.1550 -252.5 71.6550 -1.68 GBP-INR KAPAS 27-Dec-2012 7/19/2012 1044 GBP 1053 88.0050 1 1035 88.1100 1041 87.5400 1049 87.4600 -8 88.1475 -0.76 GBP-INR PEPPER 29-Jan-2013 7/19/2012 42300GBP 4255588.0350 1 42250 88.3000 42435 87.8325 42390 87.7500 45 88.4600 0.11 JPY-INR REF SOYA 27-Dec-2012 7/19/2012 780.5 JPY 783.6 66.6000 100 777.4 66.6950 781.3 66.0550 782.8566.0000 -1.55 67.0725 -0.2 JPY-INR SOY BEAN 29-Jan-2013 7/19/2012 4309 JPY 4330 67.0000 100 4265.5 67.0000 4315 66.3000 4303 66.2450 12 67.2325 0.28 USD-INR TURMERIC 27-Dec-2012 7/19/2012 4600 USD 4676 54.8950 1 4518 55.0600 4540 54.6075 4664 54.5650 -124 55.1000 -2.66 USD-INR WHEAT 7/19/2012 29-Jan-2013 1251 USD 1282 55.0050 1 1246 54.8200 1251 55.2075 1282 54.8575 36 2.89 55.3525 USD-INR 26-Feb-2013 1 USD 55.2500 55.4300 55.0500 55.0900 55.5750 www.epicresearch.co +919752199966 WEEKLY USD/INR CHART ANALYSIS OPEN: 55.2500 HIGH: 55.4000 LOW: 54.8100 CLOSE: 55.2600 USD/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: SELL ON RISE www.epicresearch.co +919752199966 WEEKLY EUR/INR CHART ANALYSIS OPEN: 70.4700 HIGH: 71.1700 LOW: 70.1000 CLOSE: 71.1300 EUR/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: SELL ON RISE www.epicresearch.co +919752199966 FOREX FORTHCOMING EVENTS DAY TIME CURRENCY DETAILS ACTUAL FORECAST PREVIOUS MONDAY 3:00 pm GBP Manufacturing PMI 48.1 47.5 MONDAY 8:30pm USD ISM Manufacturing PMI 51.5 51.7 TUESDAY 1:30pm EUR Spanish Unemployment Change 128.2K WEDNESDAY 6:45pm USD ADP Non-Farm Employment 127K 158K Change WEDNESDAY 8:30pm USD ISM Non-Manufacturing PMI 53.8 54.2 THURSDAY 7:00pm EUR ECB Press Conference THURSDAY 7:00pm USD Unemployment Claims 381K 393K FRIDAY 3:30pm EUR ECB President Draghi Speaks FRIDAY 7:00pm USD Unemployment Rate 7.9% 7.9% FRIDAY 8:25pm USD Prelim UoM Consumer Sentiment 82.1 82.7 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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