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HEADLINES
Sterling falls to 6-week low versus firmer dollar
Sterling fell 0.6 per cent to $1.5172, a shade below
Wednesday's low of $1.5173 which was its weakest
since April 4.
Foreign investors see rupee trade at 55-level
against dollar in 6 months
According to a research by Barclays, most investors
are bullish on rupee & expect the currency to either
remain stable or appreciate in the next six months.
Rupee edges down tracking broad dollar gains;
shares limit fall
The rupee weakened on Friday on the back of a
broad rally in the dollar versus major currencies, but
gains in domestic shares limited a sharp sell-off.
RBI REFERENCE RATE
As on 18 th MAY 2013
UNDERLYING RATE
USDINR 54.8865
EURINR 70.5785
GBPINR 83.6580
JPYINR 53.5400
TRADING TIPS
BUY EUR/INR
ABOVE 70.70for
TGTS of 70.82
/70.94
TRADING TIPS
BUY JPY /INR
ABOVE 53.50
for TGTS of
53.62 /53.76
2 nd tgt achieve
5. DAILY EUR/INR CHART
http://www.icharts.in/getImageFromSessionLive.php?img=chart1&id=ssrrjd8n1kmkm0cg5ulvc9tmp3518b82703dba5&
ANALYSIS
OPEN 70.6900 HIGH 70.8400 LOW 70.6275 CLOSE 70.7600
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6. FOREX FORTHCOMING DATA
TIME CURRENCY DATA ACTUAL FORECAST PREVIOUS
11:30am EURINR German CPI (MoM) - 0.5 %
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