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23 JULY15

www.trifidresearch.com

News FLASH
Rupee appreciates against US dollar.
Euro rebounds from 3-month low, yen gains on Kuroda remarks.
Dollar's retreat supports Asia FX, ringgit near 2-week high.
Dollar steadies after one-day slide worries bulls.
Australia Core Consumer Prices Rise 0.6%, Matching Forecasts.
Italy Retail Sales n.s.a (YoY) rose from previous 0% to 0.3% in May.
South Africa Consumer Price Index (MoM) up to 0.4% in June from
previous 0.3%.Swiss H1 Trade Surplus Rises.
BOE minutes show 'a number' of rate-setters edging towards hike.

Economic calendar July 23


TIME
Tentative
5:20am
12:30pm
2:30pm
6:00pm
7:30pm

CURRENCY
EUR
JPY
EUR
GBP
USD
EUR

DESCRIPTION

FORECAST

PREVIOUS

Greek Gov Debt Crisis Vote

Trade Balance

-0.25T

-0.18T

Spanish Unemployment Rate

22.9%

23.8%

Retail Sales m/m

0.4%

0.2%

Unemployment Claims

279K

281K

Consumer Confidence

-6

-6

Pivot table
CURRENCIES

S1

S2

S3

R1

R2

R3

USDINR

63.6000

63.5000

63.4000

63.7000

63.8000

63.9000

EURINR

69.5000

69.4000

69.3000

69.8000

69.9000

70.0000

GBPINR

99.3000

99.2000

99.1000

99.6000

99.7000

99.8000

JPYINR

51.3000

51.2000

51.1000

51.6000

51.7000

51.8000

TECHNICAL VIEW

EURINR
EURINR on its daily charts is running in bearish trend and after a gap up opening in previous session,
some correction is expected in coming session below the level of 69.5100.

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