WEEKLY FOREX REPORT 17th DECEMBER 2012
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ďƒ˜ HEADLINES Rupee hits over 1-week low vs dollar The rupee fell to its lowest in more than a week in late trade on Friday on suspected heavy dollar buying by a large state-run bank that several dealers said appeared to be on behalf of defense-related state-run companies. At 1044 GMT, the rupee was at 54.58/60 per dollar, after falling to as much as 54.70, from levels of around 54.35-54.40 before the falls. Sterling falls vs euro after UK outlook downgrade
ďƒ˜ RBI REFERENCE RATE As on 14THDECEMBER 2012
Sterling hit its lowest level in more than a week against the euro on Friday after Standard & Poor's lowered its outlook on UK government debt to negative, although downside was seen as limited as a ratings downgrade was not imminent.The downgrade puts S&P's outlook
UNDERLYING
RATE
USDINR
54.3880
EURINR
71.2920
GBPINR
87.7822
Swiss franc hits 7-month high vs dollar on Fed
JPYINR
64.8600
buying plan
on the UK in line with other ratings agencies Fitch and Moody's. S&P said it sees a one-in-three chance that Britain will lose its prized triple-A credit rating.
The Swiss franc pushed higher against the dollar on Friday adding to four straight sessions of gains and hitting its highest since early May after the U.S. Federal Reserve said it would extend its bond buying programme.
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PRODUCT NAME
EXP DATE
OPEN
HIGH
LOW
CLOSE
LTP
CHG
PERCENTAGE CHANGE
DAILY MARKET STATISTICS (As on 7THDecember 2012)
CHANA
7/19/2012
Symbol
CHILLI
Series/Expiry
4556
Unit
4573
Open
High
Low
Close
Prev. Close
1 EUR 1188 71.30001178 71.5900 1188 1183.571.14251178 71.4675 -5.5
71.2675
EUR-INR JEERA
29-Jan-2013 7/19/2012
1 EUR 1496071.7200 14955 14650 71.8300 15052.571.4050 14800 71.7175 -252.5
71.5175
GBP-INR KAPAS
27-Dec-2012 7/19/2012
1 GBP 1053 87.90001035 88.1900 1044 1049 87.69001041 88.0175-8
88.0025 -0.76
GBP-INR PEPPER
29-Jan-2013 7/19/2012
1 GBP 4255588.3075 42300 42250 88.4975 42390 88.0000 42435 88.3300 45
88.3025 0.11
REFJPY-INR SOYA
27-Dec-2012 7/19/2012
100 JPY 783.6 65.1575 780.5 777.4 65.3500 782.8564.8800781.3 65.2000 -1.55
65.4625 -0.2
SOYJPY-INR BEAN
29-Jan-2013 7/19/2012
100 JPY 4330 65.4350 4309 4265.5 65.6025 4303 65.19254315 65.4275 12
65.7475 0.28
USD-INR TURMERIC
27-Dec-2012 7/19/2012
1 USD 4676 54.64754518 54.7275 4600 4664 54.37254540 54.6125 -124
54.6225 -2.66
USD-INR WHEAT
29-Jan-2013 7/19/2012
1 USD 1282 54.88251251 54.9750 1251 1246 54.63251282 54.8850 36
54.8775 2.89
USD-INR
26-Feb-2013
54.8800
-102
-0.61
27-Dec-2012 7/19/2012
55.2150
5018
-28
EUR-INR GUR
55.1275
5120
4532
5060
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5018
4560
7/19/2012
1 USD
5060
4525
55.1375
-1.99 -0.46 -1.68
55.1000
+919752199966
WEEKLY USD/INR CHART
ANALYSIS OPEN: 54.6100 HIGH: 55.7500 LOW: 54.2400 CLOSE: 54.6200
USD/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: BUY ON DIPS
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WEEKLY EUR/INR CHART
ANALYSIS OPEN: 70.4900 HIGH: 71.3400 LOW: 70.2200 CLOSE: 71.2700
EUR/INR LOOKS SIDEWAYS TREND: CONSOLIDATED STRATEGY: BUY ON DIPS
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FOREX FORTHCOMING EVENTS DAY
TIME
CURRENCY DETAILS
ACTUAL
TUESDAY
3:00 PM
GBP
CPI y/y
TUESDAY
TENTATIVE
GBP
BOE Inflation Letter
WEDNESDAY
2:30 PM
EUR
WEDNESDAY
3:00pm
WEDNESDAY
FORECAST
PREVIOUS
2.6%
2.7%
German Ifo Business Climate
101.9
101.4
GBP
MPC Meeting Minutes
0-0-9
0-0-9
7:00pm
USD
Building Permits
0.87M
0.87M
THURSDAY
3:00 PM
USD
Retail Sales m/m
0.2%
-0.8%
THURSDAY
7:00pm
USD
Unemployment Claims
350K
343K
THURSDAY
8:30pm
USD
Existing Home Sales
4.85M
4.79M
FRIDAY
3:00pm
GBP
Public Sector Net Borrowing
14.8B
6.5B
FRIDAY
7:00pm
USD
Core Durable Goods Orders m/m
-0.1%
1.8%
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