17 FEBRUARY16
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News FLASH Euro and yen gain as risk appetite fizzles. Sri Lankan rupee forwards edge down, further decline seen. Won near 5-1/2-year low on rate cut views, Korea tensions; yuan falls. Dollar stands tall vs yen, euro as risk aversion ebbs for now. China's yuan pares Monday's sharp gain after softer central bank midpoint. ZEW Indicator of Economic Sentiment - Economic Outlook Continues to Deteriorate.
Economic calendar – Feb 17 TIME 3:00pm 3:00pm 3:00pm 7:00pm 7:00pm 7:00pm
CURRENCY
DESCRIPTION
FORECAST
PREVIOUS
Average Earnings Index 3m/y
1.9%
2.0%
GBP
Claimant Count Change
-2.9K
-4.3K
GBP
Unemployment Rate
5.0%
5.1%
USD
Building Permits
1.21M
1.20M
USD
PPI m/m
-0.2%
-0.2%
USD
Core PPI m/m
0.1%
0.1%
GBP
Pivot table CURRENCIES
S1
S2
S3
R1
R2
R3
USDINR
68.4000
68.3000
68.2000
68.7000
68.8000
68.9000
EURINR
76.4000
76.3000
76.2000
76.7000
76.8000
76.9000
GBPINR
98.7000
98.6000
98.5000
99.1000
99.2000
99.3000
JPYINR
59.9000
59.8000
59.7000
60.3000
60.4000
60.5000
TECHNICAL VIEW
GBPINR GBPINR on its daily charts again found resistance on higher side and according to intraday charts if it sustains below the level of 98.8000 then selling pressure can be seen.
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