currency tips for volatile market
TRANSCRIPT
13 JULY15
www.trifidresearch.com
TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
Tentative CNY
Trade Balance - 59.5B
10:00am JPY
Revised Industrial Production m/m - -2.2%
10:00am JPY
Tertiary Industry Activity m/m - -0.2%
2:00pm GBP
BOE Credit Conditions Survey - -
All Day EUR
Eurogroup Meetings - -
11:30pm USD
Federal Budget Balance - -82.4B
Rupee trading flat at 63.39 vs dollar, pares early gains.
Signs of Greek progress lift euro, yen hit as risk appetite grows.
Australia, New Zealand dollars continue gains as Greece offers
plan, China rebounds.
Italian Industrial production of May 2015 increased by 0.9%
compared with the previous month.
Greece Industrial Production (YoY): -4% (May) vs previous 0.4%.
Japan Consumer Confidence Rises As Expected In June.
News FLASH
Economic calendar – July 13
CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.5000 63.4000 63.3000 63.7000 63.8000 63.9000
EURINR 71.0000 70.9000 70.8000 71.3000 71.4000 71.5000
GBPINR 98.7000 98.6000 98.5000 99.0000 99.1000 99.2000
JPYINR 51.9000 51.8000 51.7000 52.1000 52.2000 52.3000
EURINR on its daily charts surpassed the trend line and closed strong on back of optimism over Greek
bailout and so further buying can be seen above 71.3000.
Pivot table
TECHNICAL VIEW
EURINR
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