DAILY FOREX REPORT 17TH JULY 2012

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9993959693

 HEADLINES
India rupee falls on weaker shares; global risk eyed: The Indian rupee fell for the seventh session in nine on Monday, tracking declines in domestic shares after data showing steady core inflation cast doubts about whether the central bank will lower interest rates this month. The partially convertible rupee ended at 55.31/32 per dollar as per the SBI closing rate versus its previous close of 55.14/15 on Friday . Yuan closes flat as dollar stays near 2-year high: Spot Yuan opened at 6.3770, up slightly from Friday's close, and remained relatively flat all day, ending down slightly at 6.3787, only 2 points away from Friday's close. Forex reserves plunge $27 billion Y-o-Y.

TRADING TIPS Buy JPY/INR above 70.15 for targets 70.30/70.50. Stop loss 70.00

RBI REFERENCE RATE

As on 16th July 2013
UNDERLYING USDINR EURINR GBPINR JPYINR RATE 54.918 67.1525 85.4689 69.51

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA
Symbol CHILLI EUR-INR GUR EUR-INR JEERA GBP-INR KAPAS GBP-INR PEPPER

7/19/2012

4556

DAILY MARKET STATISTICS

4573 4525 4560 5120 5060 Open5018
High Low

4532 5018

-28
Close

-0.61
Prev. -1.99 Close 67.2550 -0.46 67.4000 -1.68 85.7900 -0.76 85.3650 0.11

Series/Expiry 7/19/2012 5060Unit 27-Jul-12 7/19/2012 29-A ug-12 7/19/2012 27-Jul-12 7/19/2012 29-A ug-12 7/19/2012

-102

67.2550 1188 67.5300 1188 1178 67.1200 1183.5 67.4475 1178 67.4000 1496067.8000 14955 14650 67.4000 15052.5 67.6950 14800 85.7900 1053 85.9675 1044 1035 85.3300 1049 85.8875 1041

67.3725 -5.5 67.6525 -252.5 85.3150 -8 85.6400 45

85.3650 4255586.2575 42300 42250 85.3650 42390 86.1950 42435

GBP-INR REF SOYA

26-S ep-12 7/19/2012

86.0000 783.686.3850 780.5 777.4 86.0000 782.85 86.3850 781.3

86.4675 -1.55

86.0000 -0.2

JPY-INR SOY BEAN

27-Jul-12 7/19/2012

69.5975 4330 70.1300 4309 4265.5 69.3500 4303

69.9625 4315

69.6475 12

69.5975 0.28

JPY-INR TURMERIC

29-A ug-12 7/19/2012

69.7000 4676 70.2875 4600 4518 69.5025 4664

70.2275 4540

69.8850 -124

69.7000 -2.66

USD-INR WHEAT

27-Jul-12 7/19/2012

55.0500 1282 55.3825 1251 1251 54.8800 1246

55.3350 1282

55.2650 36

55.0500 2.89

USD-INR

29-A ug-12

55.3175

55.6625

55.1700

55.6300

55.5600

55.3175

USD-INR

26-S ep-12

55.7000

55.9400

55.4050

55.9125

55.8275

55.7000

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9993959693

 DAILY USD/INR CHART

ANALYSIS
OPEN: 55.0300 HIGH: 55.3825 LOW: 54.8800 CLOSE: 55.3350

USD/INR LOOKS BULLISH TREND: BULLISH STRATEGY: BUY ON DIPS.

 DAILY EUR/INR CHART

ANALYSIS
OPEN: 67.4475 HIGH: 67.5225 LOW: 67.4475 CLOSE: 67.4475

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

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FOREX FORTHCOMING DATA

TIME 2..00 2.30 6.00 p.m. 6.30 p.m. CURRENY DETAIL GBP EUR USD USD CPI y/y German ZEW Economic Sentiment Core CPI m/m Overnight Rate ACTUAL FORECAST 2.7% -14.5 0.2% 1.00% PREVIOUS 2.8% -16.9 0.2% 1.00%

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