DAILY FOREX REPORT 3RD JANUARY 2013
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HEADLINES Rupee trims initial gains, still up 18 paise vs dollar The Rupee failed to maintain initial gains, but was still quoted higher by 18 paise to 54.50 per dollar on bouts of buying and selling transactions from banks and exporters. The rupee resumed higher at 54.42 per dollar as against the yesterday's closing level of 54.68 at the Interbank Foreign Exchange ( Forex) Market and moved up further to 54.31. However, it failed to maintain its initial gains and dropped to 54.54 per dollar before quoting 54.50 at 1050
TRADING TIPS SELL EUR/INR BELOW 72.20 FOR TGT 72.05/71.90 SL 72.35 PAST PERFORMANCE SELL USD/INR BELOW 55.00 FOR TGT 54.85/54.70 SL 55.15 UNEXECUTED
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hrs on renewed demand for the US currency. The rupee moved in a range of 54.31 and 54.54 per dollar during the morning deals.Persistent foreign capital inflows into equity market are still supporting the rupee sentiment
REFERENCE RATE As on 2ND January 2013 UNDERLYING
RATE
USDINR
54.3890
EURINR
72.1900
GBPINR
88.7574
JPYINR
62.3200
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DAILY MARKET STATISTICS PRODUCT NAME
EXP DATE
Symbol
Series/Expiry
CHANA
7/19/2012
EURINR
OPEN
HIGH
LOW
Unit
Open
4556
29-Jan-2013
4573
1 EUR
4525
72.6000
CHILLI
7/19/2012
5060
5060
GUR
7/19/2012
1188
1188
JEERA
7/19/2012
14955
14960
EURINR
GBPINR
26-Feb-2013
1 EUR
29-Jan-2013
1 GBP 1044
5018 1178
72.8500
14650
89.0500 1053
High 4560
72.6900
5120
1183.5
72.8925
15052.5
89.2900
LTP
Low 4532
72.1600 5018 1178
72.4000 14800
88.7250
KAPAS
7/19/2012
1049
1041
GBPINR PEPPER
26-Feb-2013 42300 1 GBP 4255589.3675 7/19/2012 42250 89.5100 42390
89.0125 42435
REF SOYA
7/19/2012
780.5
783.6
SOY BEAN
7/19/2012
4309
4330
JPYINR
JPYINR TURMERIC
29-Jan-2013
26-Feb-2013
100 JPY
100 JPY
1035
CLOSE
777.4
63.0975
4265.5
63.7200 4518
4303
63.7200
781.3
62.0625 4315
62.7600
7/19/2012
4600
4664
4540
WHEAT USDINR
7/19/2012 29-Jan-2013
12511USD 1282 54.8800 1251 54.8800 1246
USDINR
26-Feb-2013
1 USD
55.1025
USDINR
27-Mar-2013
1 USD
55.4000
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4676
782.85
63.0975
CHG
Close -28
72.2125
PERCENTAGE CHANGE
Prev. Close -0.61
72.7175
-102
-1.99
-5.5
-0.46
-252.5
-1.68
72.4425
88.8275 -8
72.9375
89.2825 -0.76
89.0600 45
89.5325 0.11
-1.55
-0.2
12
0.28
62.6775
62.8675
63.6700
63.8825
-124
-2.66
54.4725 1282
54.5675 36
2.89 55.0225
55.1025
54.7300
54.8075
55.2725
55.4000
54.9800
55.0750
55.5250
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DAILY USD/INR CHART
ANALYSIS OPEN: 54.7100 HIGH: 54.7650 LOW: 54.4725 CLOSE: 54.6575
USD/INR LOOKS DOWNWARDS TREND: BEARISH
STRATEGY: SELL ON RISE
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DAILY EUR/INR CHART
ANALYSIS OPEN: 72.6000 HIGH: 72.6900 LOW: 72.1600 CLOSE: 72.2125
EUR/INR LOOKS DOWNWARDS TREND: BEARISH STRATEGY: SELL ON RISE
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FOREX FORTHCOMING DATA TIME
CURRENCY
DATA
2:25pm
EUR
3:00pm
GBP
German Unemployment Change Construction PMI
6:45pm
USD
7:00pm 9:30pm
ACTUAL
FORECAST
PREVIOUS
11K
5K
49.6
49.3
ADP Non-Farm Employment Change
134K
118K
USD
Unemployment Claims
356K
350K
USD
Crude Oil Inventories
-1.6M
-1.0M
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