14 JANUARY16
www.trifidresearch.com
News FLASH Dollar rises broadly vs. rivals as China jitters ease. China Trade Balance Surges As Exports Surprise To The Upside. Australian dollar rises as Chinese Trade Data Dents RBA Rate Cut Bets. PBoC Fixes Yuan Reference Rate At 6.5630 (prev 6.5628) Brazil Retail Sales (MoM) increased to 1.5% in November from previous 0.6%
Economic calendar – Jan 14 TIME All Day 5:30pm 5:30pm 5:30pm 6:00pm 7:00pm
CURRENCY EUR GBP GBP GBP EUR USD
DESCRIPTION
FORECAST
PREVIOUS
Eurogroup Meetings
-
-
MPC Official Bank Rate Votes
1-0-8
1-0-8
Monetary Policy Summary
-
-
Official Bank Rate
0.50%
0.50%
ECB Monetary Policy Meeting Accounts
-
-
Unemployment Claims
275K
277K
Pivot table CURRENCIES
S1
S2
S3
R1
R2
R3
USDINR
66.8000
66.7000
66.6000
67.2000
67.3000
67.4000
EURINR
72.3000
72.2000
72.1000
73.3000
73.4000
73.5000
GBPINR
96.6000
96.5000
96.4000
97.0000
97.1000
97.2000
JPYINR
56.3000
56.2000
56.1000
56.8000
56.9000
57.0000
TECHNICAL VIEW
EURINR EURINR on daily charts had given breakouts of its support and closed below it which indicates more selling pressure and it may drag towards support of trend line i.e. of 72.1000.
DISCLAIMER
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