19 FEBRUARY16
www.trifidresearch.com
News FLASH Yen rises, Aussie falls as global mood darkens. Sri Lankan rupee forwards steady as dlr sales offset importer demand. Ringgit leads Asia FX gains as oil extends bounce. Sterling trades above $1.43 as focus turns to EU summit. Profit-taking weakens rouble after oil rally. Swiss Watch Exports Decline as Slowing Economies Weigh on Demand. China's Consumer Prices Climb in January as Food Costs Rise.
Economic calendar – Feb 19 TIME 12:30pm 3:00pm 3:00pm 6:30pm 7:00pm 7:00pm
CURRENCY
DESCRIPTION
FORECAST
PREVIOUS
German PPI m/m
-0.3%
-0.5%
GBP
Retail Sales m/m
0.8%
-1.0%
GBP
Public Sector Net Borrowing
-13.8B
6.9B
USD
FOMC Member Mester Speaks
-
-
USD
CPI m/m
-0.1%
-0.1%
USD
Core CPI m/m
0.2%
0.1%
EUR
Pivot table CURRENCIES
S1
S2
S3
R1
R2
R3
USDINR
68.4000
68.3000
68.2000
68.7000
68.8000
68.9000
EURINR
76.0000
75.9000
75.8000
76.3000
76.4000
76.5000
GBPINR
98.2000
98.1000
98.0000
98.6000
98.7000
98.8000
JPYINR
59.9000
59.8000
59.7000
60.3000
60.4000
60.5000
TECHNICAL VIEW
EURINR EURINR on its daily charts had been trading around the strong support since last three sessions and so strong selling pressure can be seen below the level of 76.1200.
DISCLAIMER
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