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S

DAILY FOREX REPORT 6TH FEBRUARY 2013

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HEADLINES
Rupee fails to keep gains against dollar The rupee failed to hold initial gains as stocks remained in red and dollar buying by oil firms supported the US currency, say dealers. The pair was at 53.34/35 vs 53.285/295 last close. It has traded in a 53.2050-53.42 band. The pair earlier rose to a high of 53.2050, which dealers say was largely due to selling by a private petrochemical company. Dealers cite good two-way interest with some flow-related selling and subsequent oil buying. Some selling may come in if the pair falls to 53.4553.48 levels, adds dealer.

TRADING TIPS SELL EUR/INR BELOW 72.26 FOR TGT 72.11/71.96 SL 72.46 PAST PERFORMANCE SELL USD/INR BELOW 53.40 FOR TGT 53.28/53.16 SL 53.58 ABOVE COST
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REFERENCE RATE
As on 5th february 2013
UNDERLYING
USDINR EURINR GBPINR JPYINR

RATE
53.2945 71.8773 83.9655 57.7100

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DAILY MARKET STATISTICS


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

Symbol
CHANA

Series/Expiry
7/19/2012 7/19/2012 7/19/2012

Unit
4556 5060 1188 4573 5060 1188

Open
4525

High
4560

Low
4532

Close
-28

Prev. Close
-0.61 -1.99 -0.46 -1.68

EURINR
CHILLI GUR

26-Feb-2013

1 EUR

72.7225

5018 1178

72.7225

5120

72.2900
5018 1178

72.4550
-102 -5.5

72.8775

EURINR
JEERA

27-Mar-2013

1 EUR

72.8500

72.8500

1183.5

72.5600
14800

72.7250
-252.5

73.1375

7/19/2012

14955

14960 1053

14650 1035

15052.5

GBPINR
KAPAS

26-Feb-2013
7/19/2012

1 GBP
1044

83.7425

84.0925
1049

82.5625
1041

84.0125
-8

84.4975
-0.76

GBPINR PEPPER
REF SOYA

27-Mar-2013 42300 GBP 4255584.3000 1 7/19/2012 42250 84.3900 42390


7/19/2012 7/19/2012 780.5 4309 783.6 4330 4676 777.4 782.85 4303

83.6850 42435
781.3 4315

84.3225 45
-1.55 12

84.7825 0.11
-0.2

JPYINR

26-Feb-2013

100 JPY

58.0125

58.0125

57.2500

57.6200

58.0825

SOY BEAN

4265.5

0.28

JPYINR
TURMERIC WHEAT USDINR

27-Mar-2013
7/19/2012 7/19/2012 26-Feb-2013

100 JPY
4600

57.7800
4518

57.9375
4664

57.5075
4540

57.8650
-124

58.3350
-2.66 2.89 53.4400

1251 1USD 1282 53.3325 1251 53.4800 1246

53.0825 1282

53.4375 36

USDINR

27-Mar-2013

1 USD

53.5325

53.7425

53.3525

53.7075

53.7050

USDINR

26-Apr-2013

1 USD

53.8500

54.0200

53.6375

53.9875

53.9850

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DAILY USD/INR CHART

ANALYSIS
OPEN: 53.5700 HIGH: 53.6500 LOW: 53.3125 CLOSE: 53.3350

USD/INR LOOKS DOWNWARDS TREND: BEARISH

STRATEGY: SELL ON RISE

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DAILY EUR/INR CHART

ANALYSIS
OPEN: 72.1125 HIGH: 72.3500 LOW: 72.0000 CLOSE: 72.2675

EUR/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE

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FOREX FORTHCOMING DATA


TIME
6:00am 6th-7th

CURRENCY
AUD GBP

DATA
Retail Sales m/m Halifax HPI m/m

ACTUAL

FORECAST
0.3% -0.2%

PREVIOUS
-0.1% 1.3%

4:30pm 9:00pm 9:00pm

EUR USD USD

German Factory Orders m/m Crude Oil Inventories Crude Oil Inventories

0.8%

-1.8% 5.9M

-1.6M

-1.0M

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