11 JANUARY16
www.trifidresearch.com
News FLASH China gives Asia FX temporary remedy; weekly losses seen amid pessimism. Yen sags, Aussie gains as higher yuan guidance soothes frazzled nerves. Yuan, ringgit, won, rupiah rise. Swiss Consumer Prices Fall At Slightly Slower Pace. French industrial production falls 0.9%. Swiss Jobless Rate Remains Unchanged In December. German exports in November 2015: +7.7% on November 2014.
Economic calendar – Jan 11 TIME 11th-18th 1:45pm 3:00pm 6:45pm 8:30pm 9:00pm
CURRENCY CNY CHF EUR CAD USD CAD
DESCRIPTION
FORECAST
PREVIOUS
M2 Money Supply y/y
-
13.7%
Retail Sales y/y
-
-0.8%
Sentix Investor Confidence
-
15.7
Housing Starts
-
212K
Labor Market Conditions Index m/m
-
0.5
BOC Business Outlook Survey
-
-
Pivot table CURRENCIES
S1
S2
S3
R1
R2
R3
USDINR
66.7000
66.6000
66.5000
66.9000
67.0000
67.1000
EURINR
72.5000
72.4000
72.3000
73.0000
73.1000
73.2000
GBPINR
97.5000
97.4000
97.3000
98.0000
98.1000
98.2000
JPYINR
56.3000
56.2000
56.1000
56.6000
56.7000
56.8000
TECHNICAL VIEW
GBPINR GBPINR on daily charts is extending its losses below the major support and selling pressure still seems to continue below the level of 97.5500.
DISCLAIMER
WWW.TRIFIDRESEARCH.COM