epic research singapore : - daily iforex report of 17 december 2015

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Iforex Market Insight INTERNATIONAL CURRENCY BUZZ ECONOMIC CALENDAR GBP/USD HOURLY CHART EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE

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Epic Research offers perfect Forex Signals for their clients that gives accurate results. Our research team with its past experience prepares live charts and track-sheets of IForex Signals through which traders can earn maximum profit from the market place. This report helps you to achieve desired success in the SGX Stock Exchange.

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Page 1: Epic Research Singapore : - Daily IForex Report of 17 December 2015

Iforex Market Insight

INTERNATIONAL CURRENCY

BUZZ

ECONOMIC CALENDAR

GBP/USD HOURLY CHART

EUR/USD HOURLY CHART

EPIC RESEARCH SINGAPORE

Page 2: Epic Research Singapore : - Daily IForex Report of 17 December 2015

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-

Iforex Market Insight

Date– 17–DEC

INTERNATIONAL CURRENCY BUZZ

EUR/USD

GBP/USD The pound fell to one-week lows against the dollar on Wednesday after the latest U.K.

employment report showed a sharp slowdown in wage growth, while investors looked

ahead to the outcome of a critical Federal Reserve meeting later in the day.GBP/USD hit

lows of 1.4992 down from around 1.5002 ahead of the data.The Office for National Statis-

tics said average earnings, excluding bonuses, rose just 2.0% in the three months to Octo-

ber, slowing sharply from growth of 2.4% in the previous month. Economists had forecast

growth of 2.3%.Meanwhile, the U.S. dollar index, which measures the greenback’s

strength against a trade-weighted basket of six major currencies, was at 98.31, holding

just below Tuesday’s one-week high of 98.35.

The dollar edged higher against the eur on Wednesday, as markets awaited the Federal Reserve's

highly anticipated policy decision due later in the day. EUR/USD eased 0.10% to 1.0921. Most in-

vestors expect the U.S. central bank to raise interest rates for the first time since June 2006 at the

conclusion of its meeting on Wednesday.Higher interest rates would make the U.S. dollar more

attractive to yield-seeking investors in the long run, but a rate hike could also trigger dollar selling

in the immediate aftermath.With a rate hike priced in investors are now focusing on how quickly

the Fed will tighten monetary policy in 2016. The Fed has indicated that the pace of rate hikes

will be gradual.The U.S. dollar index, which measures the greenback’s strength against a trade-

weighted basket of six major currencies, was up 0.12% at 98.33.

Forex -AUD/USD edges higher but gains capped ahead of Fed

Forex -Dollar steady as markets count down to Fed decision

Forex -NZD/USD slips lower, all eyes on Fed decision

Page 3: Epic Research Singapore : - Daily IForex Report of 17 December 2015

Iforex Market Insight

Date– 17–DEC

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singapore

ECONOMIC CALENDAR

Time Cur. Event Forecast Previous

Thursday, December 17, 2015

00:30 USD FOMC Economic Projections - -

00:30 USD FOMC Statement - -

00:30 USD Fed Interest Rate Decision 0.50% 0.25%

01:00 USD Fed Chair Yellen Speaks - -

03:15 NZD GDP (QoQ) (Q3) 0.8% 0.4%

05:20 JPY Adjusted Trade Balance -0.21T -0.20T

05:20 JPY Exports (YoY) (Nov) -1.5% -2.1%

05:20 JPY Trade Balance (Nov) -446B 112B

14:30 EUR ECB Economic Bulletin - -

15:00 GBP Core Retail Sales (YoY) (Nov) 2.3% 3.0%

15:00 GBP Core Retail Sales (MoM) (Nov) 0.6% -0.9%

15:00 GBP Retail Sales (YoY) (Nov) 3.0% 3.8%

15:00 GBP Retail Sales (MoM) (Nov) 0.5% -0.6%

15:30 EUR Wages in euro zone (YoY) (Q3) - 1.90%

16:30 GBP CBI Industrial Trends Orders (Dec) -10 -11

19:00 USD Current Account (Q3) -118.0B -109.7B

19:00 USD Initial Jobless Claims 275K 282K

19:00 USD Philadelphia Fed Manufacturing Index (Dec) 1.5 1.9

19:00 USD Philly Fed Employment (Dec) - 2.6

Page 4: Epic Research Singapore : - Daily IForex Report of 17 December 2015

Iforex Market Insight

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-

EUR/USD HOURLY CHART

BUY GBP/USD ABOVE 1.5020 TARGET 1.5000 1.4970 SL 1.5050

SELL GBP/USD BELOW 1.4970 TARGET 1.4950 1.4920 SL 1.5000

GBP/USD HOURLY CHART

BUY EUR/USD ABOVE 1.0940 TARGET 1.0960 1.0990 SL 1.0910

SELL EUR/USD BELOW 1.0900 TARGET 1.0880 1.00850 SL 1.0930

Date– 17–DEC

Page 5: Epic Research Singapore : - Daily IForex Report of 17 December 2015

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