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S DAILY FOREX REPORT 29TH JANUARY 2013 WWW.EPICRESEARCH.CO +919752199966 HEADLINES Rupee posts biggest fall in 3 weeks a day ahead of policy Rupee weakened on Monday, posting its biggest single- day fall in three weeks, on the back of heavy dollar buying by oil firms and other importers looking to meet month- end demand, while weak regional sentiment added to the downside. Almost all Asian currencies weakened against the dollar while global equities saw some consolidation after recent gains as investors awaited confirmation that the financial market conditions and the outlook for the euro area have improved. Some caution also prevailed ahead of the Reserve Bank of India policy review on TRADING TIPS Tuesday, when the central bank is widely expected to cut interest rates by 25 basis points, its first cut in the key BUY USD/INR lending rate since April 2012.In its macro-economic ABOVE 54.00 report, released close to the market closing time, the FOR TGT central bank said a sustained commitment to contain 54.15/54.30 fiscal and current account deficits was needed to create SL 53.80 room for monetary easing. PAST REFERENCE RATE PERFORMANCE BUY USD/INR As on 28th January 2013 ABOVE 53.70 UNDERLYING RATE FOR TGT USDINR 53.8905 53.82/53.94 EURINR 72.5070 SL 53.50 GBPINR 84.9260 UNEXECUTED JPYINR 59.2900 www.epicresearch.co +919752199966 DAILY MARKET STATISTICS PRODUCT EXP DATE OPEN HIGH LOW CLOSE LTP CHG PERCENTAGE NAME CHANGE Symbol Series/Expiry Unit Open High Low Close Prev. Close CHANA 7/19/2012 4556 4573 4525 4560 4532 -28 -0.61 EURINR 29-Jan-2013 1 EUR 71.5000 71.8450 71.3450 71.5750 71.5325 CHILLI 7/19/2012 5060 5060 5018 5120 5018 -102 -1.99 GUR 7/19/2012 1188 1188 1178 1183.5 1178 -5.5 -0.46 EURINR 26-Feb-2013 1 EUR 71.8450 72.1000 71.6300 71.8350 71.8075 JEERA 7/19/2012 14955 14960 14650 15052.5 14800 -252.5 -1.68 GBPINR 29-Jan-2013 1 GBP 85.0875 85.3275 84.9100 85.0175 85.0425 KAPAS 7/19/2012 1044 1053 1035 1049 1041 -8 -0.76 GBPINR PEPPER 26-Feb-2013 42300 GBP 4255585.4500 7/19/2012 1 42250 85.6500 42390 85.2450 42435 85.3175 45 85.3850 0.11 REF SOYA 7/19/2012 780.5 783.6 777.4 782.85 781.3 -1.55 -0.2 JPYINR 29-Jan-2013 100 JPY 60.2000 60.5150 59.8850 59.9575 60.7300 SOY BEAN 7/19/2012 4309 4330 4265.5 4303 4315 12 0.28 JPYINR 26-Feb-2013 100 JPY 60.6525 60.7900 60.1900 60.2225 61.0100 TURMERIC 7/19/2012 4600 4676 4518 4664 4540 -124 -2.66 USDINR WHEAT 29-Jan-2013 7/19/2012 1USD 1282 53.6600 1251 53.8925 1251 1246 53.5900 1282 53.6950 36 53.6400 2.89 USDINR 26-Feb-2013 1 USD 53.9650 54.1200 53.8225 53.9275 53.8850 USDINR 27-Mar-2013 1 USD 54.2275 54.3900 54.1075 54.2000 54.1700 www.epicresearch.co +919752199966 DAILY USD/INR CHART ANALYSIS OPEN: 53.8250 HIGH: 53.9625 LOW: 53.7725 CLOSE: 53.9425 USD/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966 DAILY EUR/INR CHART ANALYSIS OPEN: 72.3025 HIGH: 72.6150 LOW: 72.3025 CLOSE: 72.5450 EUR/INR LOOKS SIDEWAYS TREND: CONSLODATED STRATEGY: BUY ON DIPS www.epicresearch.co +919752199966 FOREX FORTHCOMING DATA TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS 12:30pm EUR GfK German Consumer 5.8 5.6 Climate 12:30pm EUR German Import Prices -0.1% -0.2% m/m 7:30pm USD S&P/CS Composite-20 5.7% 4.3% HPI y/y 8:30pm USD CB Consumer Confidence 64.5 65.1 9:00pm USD Crude Oil Inventories -1.6M -1.0M 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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