DAILY FOREX REPORT 19TH JULY 2012

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9993959693

 HEADLINES
India rupee weakens tracking euro; oil, defense demand hurts: The Indian rupee weakened to its lowest level this week on Wednesday, tracking losses in the euro after a media report quoted German Chancellor Angela Merkel as expressing doubts on the success of the European project.

TRADING TIPS Buy above for targets 69.90/70.05 Stop loss 69.60

Yuan inches up in light trade on weak US data: The Yuan closed slightly higher on Tuesday as the dollar index fell again in response to weak U.S. retail sales data.

RBI REFERENCE RATE PREVIOUS PERFORMANCE Buy JPY/INR above 69.75 for targets 69.90/70.05 Stop loss 69.60 Target achieved
As on 18th July 2013
UNDERLYING USDINR EURINR GBPINR JPYINR RATE 55.3395 67.9540 86.5510 70.0500

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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 67.7500 -0.46 67.9450 -1.68 86.1975 -0.76 86.4525 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

67.7500 1188 68.0400 1188 1178 67.6550 1183.5 67.8625 1178 67.9450 1496068.3200 14955 14650 67.9450 15052.5 68.1400 14800 86.1975 1053 86.6200 1044 1035 86.0850 1049 86.5300 1041

67.7475 -5.5 68.0150 -252.5 86.1575 -8 86.4375 45

86.4525 4255586.9000 42300 42250 86.4525 42390 86.8550 42435

GBP-INR REF SOYA

26-S ep-12 7/19/2012

87.0850 783.687.0850 780.5 777.4 87.0500 782.85 87.0500 781.3

86.7000 -1.55

87.0850 -0.2

JPY-INR SOY BEAN

27-Jul-12 7/19/2012

69.2225 4330 70.2800 4309 4265.5 69.2000 4303

70.2325 4315

69.7075 12

69.2225 0.28

JPY-INR TURMERIC

29-A ug-12 7/19/2012

69.5000 4676 70.5100 4600 4518 69.5000 4664

70.4925 4540

69.9600 -124

69.5000 -2.66

USD-INR WHEAT

27-Jul-12 7/19/2012

55.1700 1282 55.5700 1251 1251 55.0500 1246

55.5225 1282

55.1700 36

55.1700 2.89

USD-INR

29-A ug-12

55.3600

55.8475

55.3400

55.8025

55.4425

55.3600

USD-INR

26-S ep-12

55.6800

56.1150

55.6375

56.0775

55.7150

55.6800

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9993959693

 DAILY USD/INR CHART

ANALYSIS
OPEN: 55.0850 HIGH: 55.5700 LOW: 55.0550 CLOSE: 55.5225

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

 DAILY EUR/INR CHART

ANALYSIS
OPEN: 67.7500 HIGH: 68.0400 LOW: 67.6550 CLOSE: 67.8625

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

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FOREX FORTHCOMING DATA

TIME 1.30 p.m. 2.00 p.m. 6.00 p.m. 7.30 p.m. 7.30 p.m. CURRENY DETAIL EUR GBP USD USD USD Current Account Retail Sales m/m Unemployment Claims Existing Home Sales
Philly Fed Manufacturing Index

ACTUAL

FORECAST 5.3B 0.6% 370K 4.65M -7.7

PREVIOUS 4.6B 1.4% 350K 4.55M -16.6

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