Epic Research Singapore : - Daily IForex Report of 17 November 2015.pdf
Epic Research Singapore : - Daily IForex Report of 07 October 2015
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Transcript of Epic Research Singapore : - Daily IForex Report of 07 October 2015
Iforex Market Insight
INTERNATIONAL CURRENCY
BUZZ
ECONOMIC CALENDAR
GBP/USD HOURLY CHART
EUR/USD HOURLY CHART
EPIC RESEARCH SINGAPORE
www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-
Iforex Market Insight
Date– 07–OCT
INTERNATIONAL CURRENCY BUZZ
JPY/USD
EUR/USD
The EUR/USD pair trades 0.21% higher at 1.1211, with the 50-DMA located at 1.1227 in sight. The
shared currency clings to gains above 1.12 barrier this session, as the greenback remains pressured
on the back of falling US treasury yields after the recent weak US macro data pushes Fed rate hike
expectations to early 2016. The benchmark 10-year treasury yields drop -0.68% to 2.042%. While
the 2-year yields on the US notes drop -1.94% to 0.597%. The EUR/USD pair trades 0.21% higher at
1.1211, with the 50-DMA located at 1.1227 in sight. The shared currency clings to gains above 1.12
barrier this session, as the greenback remains pressured on the back of falling US treasury yields af-
ter the recent weak US macro data pushes Fed rate hike expectations to early 2016. The benchmark
10-year treasury yields drop -0.68% to 2.042%. While the 2-year yields on the US notes drop -1.94%
to 0.597%.
FOREX -NZD/USD edges up near 5-week highs despite N.Z data FOREX - AUD/USD rises to 2-week highs as RBA holds
FOREX -Aussie gains after RBA holds rates steady
The dollar dipped against the yen on Tuesday, easing back from one-week highs but the yen re-
mained on the defensive amid speculation that the Bank of Japan could soon ease monetary pol-
icy, while the euro inched higher.USD/JPY eased 0.19% to 120.23, off overnight highs of
120.57.The yen was lower in early trade as Asian stocks rose to two-week highs as a rebound in oil
prices and fading expectations for a rate hike by the Federal Reserve this year boosted risk appe-
tite.In the euro zone, data on Tuesday showed that German factory orders fell unexpectedly in Au-
gust, adding to concerns that slowing global growth is starting to affect the euro area’s largest
economy.Industrial orders fell 1.8% from a month earlier, compared to expectations for a 0.5% in-
crease.The euro was flat against the yen, with EUR/JPY at 134.78.
Iforex Market Insight
Date– 07–OCT
www.epicresearch.sg Iforex Market Insight Report By Epic Research Singapore
ECONOMIC CALENDAR
Time Cur. Event Forecast Previous
Wednesday, October 7, 2015
02:05 USD API Weekly Crude Oil Stock 4.600M
03:00 USD FOMC Member Williams Speaks
05:30 AUD HIA New Home Sales (MoM) (Aug) -0.4%
12:35 AUD RBA Assist Gov Debelle Speaks
14:00 GBP Industrial Production (MoM) (Aug) 0.3% -0.4%
14:00 GBP Manufacturing Production (MoM) (Aug) 0.3% -0.8%
20:00 USD Crude Oil Inventories 1.750M 3.955M
Iforex Market Insight
Date– 07–OCT
www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-
EUR/USD HOURLY CHART
BUY GBP/USD ABOVE 1.5200 TARGET 1.5220 1.5250 SL 1.5170
SELL GBP/USD BELOW 1.5150 TARGET 1.5130 15100 SL 1.5180
GBP/USD HOURLY CHART
BUY EUR/USD ABOVE 1.1220 TARGET 1.1240 1.1270 SL 1.1190
SELL EUR/USD BELOW 1.1180 TARGET 1.1160 1.1130 SL 1.1210
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