DAILY FOREX REPORT BY EPIC RESEARCH-08 AUGUST 2012

DAILY FOREX REPORT
08TH AUG 2012


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HEADLINES

Rupee at over 2-week high:
The rupee rose further, now at 55.1450/1675 from its
previous close of 55.52/53, after hitting a session high
of 55.12, the lowest since July 20. The falls track a rally
in the euro on growing hopes the ECB will act soon to

lower borrowing costs for Spain and Italy.
Sterling
stays
weak
ahead
of
UK
manufacturing data:
TRADING TIPS
Sterling stayed near a one-month low against the euro
on Tuesday ahead of UK industrial and manufacturing
Sell JPY/INR below
data that could weigh on the currency if they increase
70.40 for targets of
concerns about a weakening UK economy and the
possibility of more monetary easing.
70.28/ 70.15
Euro pulls back from 1-mth high;
Stop loss 70.60
The euro eased 0.2 per cent to $1.2380, having hit a
one-month high of $1.2444 on Monday on trading

platform EBS, its highest level since early July.


RBI REFERENCE RATE

As on 7TH August 2012

UNDERLYING
RATE

USDINR
55.4995

EURINR
68.699

GBPINR
86.3961

JPYINR
70.92



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+919993959693

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PRODUCT
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE
NAME
CHANGE

DAILY MARKET STATISTICS
CHANA
7/19/2012
4556
4573
4525
4560
4532
-28
-0.61


Prev.
CH
SIL
y LI
m bol 7/1
S 9
e /ri2e01
s/ 2
E xpiry 5060 Unit 5060 Ope 5
n 018 Hig 5
h 120
50
Low 18
-
Cl102
os
e
-
C 1
l .9
os9
e
G
E U
U R
R -INR 7/19
29 /-2
A 0
u 1
g 2
- 2012 11881 EUR 1188 68.95 1
0 1
0 7
8 69.0 1
0 1
0 8
0 3 .5 68.5 1
5 1
7 7
5 8
68-.5
5 .5
8 50
6 -
8 0
. .4
77 6
2 5


JEE
E R
U A
R -INR 7/19
26 /-2
S 0
e 1
p 2
- 2012 14955
1 EUR 14960 69.09 1
7 4
5 6
50 69.01950
755 2
.5 68. 1
8 4
0 8
0 0
0 0
6-2
8. 5
8 2
0 .5
0
0
6 -
8 1
. .6
99 8
5 0
KA
GPA
BPS- INR 7/19
29 /-2
A 0
u 1
g 2
- 2012 10441 GBP 1053 86.50 1
0 0
0 3
5 86.68 1
0 0
0 4
9 86.3 1
9 0
0 4
0 1
86. -489 00
8 -
6 0
. .7
59 6
5 0
PEPPE
GBP R
-I NR 7/19
26 /-2
S 0
e 1
p 2
-
2012 42300
1 GBP 42555 86.80 4
0 2
0 2
50 86.9 4
0 2
0 3
0 9
0 86. 4
7 2
0 4
0 3
0 5

86. 45
73 50
860
. .1
8812 5
REF S
G O
B Y
P- A
I
N R 7/19
29/-20
Oc1t2
-
2012 780.5
1 GBP 783.6 87.05 7
0 7
0 7 .4 87.1 7
0 8
0 2
0 .8
5 86.8 7
6 8
51
0. 3
8 -
6 1
. .
8 5
6 5
5 0
87 -.0
7 .2
7
25
SOY
J B
P E
YA
-IN
N R
7/19
29 /-2
A 0
u 1
g 2
-
2012 4309
1
00 JPY 4330 70.90 4
72
56
5.5 71.04 4
7 3
5 0
3 70.4 4
3 3
5 1
0 5
70. 12
47 25
710
. .2
0585 0
TURM
JP E
Y R
-IIC
N R
7/19
26 /
- 2
S 0
e 1
p 2
-
2012 4600
1
00 JPY 4676 71.15 4
0 5
0 1
8 71.15 4
0 6
0 6
4 70.6 4
5 5
7 4
5 0
7 -
0.124
71
00
7 -
1 2
. .6
30 6
0 0
WH
U E
S A
D T
-I NR
7/19
29 /
- 2
A 0
u 1
g 2
-
2012 1251 USD 1282 55.50 1
0 2
0 5
1 55.68 1
0 2
0 4
6 55.2 1
5 2
2 8
5 2
55. 36
27 50
552
. .8
719
5 0


USD-INR
26-S ep-2012
1 USD
55.8300
55.9450
55.5275
55.5425
55.9875
USD-INR
29-Oct-2012
1 USD
56.1500
56.2500
55.8300
55.8450
56.3025

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DAILY USD/INR CHART





ANALYSIS
OPEN: 55.50
HIGH: 55.68
LOW: 55.25
CLOSE: 55.27
USD/INR LOOKS BULLISH
TREND: UPWARDS
STRATEGY: BUY ON DIPS.

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DAILY EUR/INR CHART




ANALSIS

OPEN: 68.9800

HIGH: 68.9500

LOW: 68.5575

CLOSE: 68.5850
EUR/INR LOOKS BEARISH
TREND: CONSOLIDATE
STRATEGY: SELL ON RISE






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