currency daily report september 11 2013
TRANSCRIPT
7/29/2019 Currency Daily Report September 11 2013
http://slidepdf.com/reader/full/currency-daily-report-september-11-2013 1/4
Content
Overview
US Dollar
Euro
GBP
JPY
Economic Indicators
Angel Broking Ltd.
Registered Office: G-1, Ackruti Trade Centre, Rd. No. 7, MIDC, A
Corporate Office: 6th Floor, Ackruti Star, MIDC, Andheri (E), Mu
Currency: INE231279838 / MCX Currency Sebi Regn No: INE261
Disclaimer: The information and opinions contained in the document
correctness. The document is not, and should not be construed as an off
part, by any recipient hereof for any purpose without prior permission fr
Research Team
Reena Rohit
Chief Manager
Non-Agri Commodities and [email protected]
(022) 2921 2000 Extn :6134
Anish Vyas
Research Analyst
(022) 2921 2000 Extn :6104
Overview:
CurreWed
ndheri (E), Mumbai - 400 093.
mbai - 400 093. Tel: (022) 2921 2000
79838 / Member ID: 10500
have been compiled from sources believed to be reliable. The company doe
er to sell or solicitation to buy any commodities. This document may not be repr
m “Angel Broking Ltd”. Your feedback is appreciated on currencies@angelbroki
cies Daily Repornesday| September 11, 201
www.angelbroking.com
s not warrant its accuracy, completen
oduced, distributed or published, in who
ng.com
7/29/2019 Currency Daily Report September 11 2013
http://slidepdf.com/reader/full/currency-daily-report-september-11-2013 2/4
ghlights
ndian Rupee appreciated more than 2 percent in y
Syria tensions eases after US pulled out its military
French Industrial Production declined by 0.6 percen
an markets are trading higher today on the ba
rack Obama pulled US from the verge of military st
S Dollar Index
e Dollar Index closed on a flat note on Tuesday as
s developed ahead of the FOMC monetary policy r
e 18th Sep’13. While the Fed had indicated in th
per could begin from Sep’13 onwards, the likeli
stponed is also seen considering the ongoing
nsions that still need a focused strategy to resolve.
ollar/INR
versal in the Rupee became even stronger
preciating around 2.1 percent in yesterday’s trad
r dollar.
intraday trade on Tuesday, the Rupee touched a
llar and gains in the currency were backed by – s
s that purchased approximately around Rs2563.6
Tuesday, dollar selling by banks on expectations
e Rupee and overall upbeat risk appetite due tomestic equities.
r the month of September 2013, FII outflows tot
ores ($329.10 million) as on 10th
September 2013.
t capital inflows stood at Rs.62331.90 crores ($11th
September 2013.
tlook
today’s trade, appreciation in the Rupee is expec
arkets take positive cues from recent announcemRBI Governor Raghuram Rajan.
ong with that, FII buying, strong domestic equities a
nks will additionally support appreciation in the
dex is expected to trade on a flat note as sentime
per process remain mixed.
CurreWed
sterday’s trade.
ctions.
t in month of July.
k of US President
ike against Syria.
a sense of caution
view scheduled on
past that the QE
hood of it getting
Syrian geopolitical
ith the currency
to close at 63.84
high of 63.775 per
trong inflows from
cr of Indian shares
of further gains in
strong global and
aled at Rs.2162.10
Year to date basis,
912.40 million) till
ted to continue as
nts and measures
nd dollar selling by
Rupee. The Dollar
ts towards the QE
Market Highlights (% change)
Last
NIFTY 5896.8
SENSEX 19997.1
DJIA 15191.06
S&P 1684.0
FTSE 17463.5
KOSPI 1959.2
BOVESPA 58497.8
NIKKEI 14506.3
Nymex Crude
(Oct’13) - $/bbl
107.39
Comex Gold
(Oct’13) - $/oz
1364.10
Comex
Silver(Dec’13)
$/oz
22.97
LME Copper (3
month) -$/tonne
7174.00
G-Sec -10 yr
@7.8% - Yield
102.09
US Dollar (% change)
Last
Dollar Index 81.82
US $ / INR (Spot) 63.84
US $ / INR Sep’13
Futures (NSE)
64.14 -
US $ / INR Sep’13
Futures (MCX-SX)
64.15 -
Technical Chart – USD/INR
Technical Outlook
US Dollar/INR Sep’13
(NSE/MCX-SX)
cies Daily Repornesday| September 11, 201
www.angelbroking.com
as on September 10,
Prev.
dayWoW MoM
0.0 10.4 5.9
3.8 9.7 6.4
0.8 2.4 -1.7
0.7 -0.4 -0.4
1.3 0.0 0.0
-1.5 1.3 2.4
0.2 13.3 14.9
0.2 -0.1 5.4
-1.9 -1.1 0.5
-1.6 -1.9 2.3
-3.0 -1.7 5.4
-0.4 -1.1 -8.6
0.0 11.7 9.1
Source:
as on September 10
rev.
dayWoW MoM
0.0 -0.7 0.0
2.1 5.6 -5.1
2.53 4.92 4.92
2.50 4.92 4.92
Source: T
valid for September 11,
Trend Support Res
Down 63.80/63.40 64.60
7/29/2019 Currency Daily Report September 11 2013
http://slidepdf.com/reader/full/currency-daily-report-september-11-2013 3/4
uro/INR
he Euro witnessed gains of around 0.1 percent in
ositive economic data supported gains in the curre
obal market sentiments acted as a positive fact
pside in the currency was capped as a result of str
uro touched an intra-day high of 1.3275 and cl
uesday.
rench Industrial Production declined by 0.6 percen
ll of 1.4 percent a month ago.
utlook
ains in the Euro are expected to continue today o
sk appetite in the global market sentiments. Furth
X along with favorable economic data from the re
pside in the currency.
echnical Outlook valid
Trend Sup
ro/INR Sep’13
SE/MCX-SX)Down 84.70/84
BP/INR
he Sterling Pound appreciated around 0.3 percent
n account of optimistic global market sentimenpside was capped as a result of strength in the DX.
ouched an intra-day high of 1.5744 and closed at 1.
utlook
today’s trade, we expect Pound to trade on a
ues from upbeat global market sentiments. Further,
ill also act as a supportive factor for the cur
recast for decline in country’s claimant count c
ositive factor.
echnical Outlook valid fo
Trend Suppo
BP/INR Sep ’13
SE/MCX-SX)Down 100.40/100
CurreWed
Euro (% change)
Last Prev
Euro /$ (Spot) 1.3267
Euro / INR (Spot) 84.70
Euro / INR Sep
’13 Futures (NSE)
86.3
Euro / INR
Sep’13 Futures
(MCX-SX)
86.3
Technical Chart – Euro
GBP (% change)
Last Prev.
$ / GBP (Spot) 1.5733 0
GBP / INR
(Spot)
100.435 -1
GBP / INR
Sep’13 Futures
(NSE)
100.61 -1
GBP / INR Sep
’13 Futures
(MCX-SX)
100.64 -1
Technical Chart – Sterling Pound
esterday’s trade as
cy. Further, upbeat
or. However, sharp
ngth in the DX. The
osed at 1.3267 on
in July as against a
n the back of rise in
er, weakness in the
gion will support an
or September 11, 2013
ort Resistance
.30 85.40/85.70
in yesterday’s trade
ts. However, sharpThe Sterling Pound
733 on Tuesday.
ositive note taking
weakness in the DX
rency. Additionally,
hange will act as a
r September 11, 2013
rt Resistance
.0 101.10/101.40
cies Daily Repornesday| September 11, 201
www.angelbroking.com
as on September 10, 2013
. day WoW MoM
0.1 0.7 -0.8
2.0 4.9 -4.3
1.57 5.51 5.51
1.60 5.54 5.54
Source: Re
Source: Tele
as on September 10, 20
ay WoW MoM
.26 1.1 1.3
.94 -2.12 6.72
.79 6.06 6.06
.79 6.09 6.09
Source: Re
Source: Tele
7/29/2019 Currency Daily Report September 11 2013
http://slidepdf.com/reader/full/currency-daily-report-september-11-2013 4/4
Y/INR
e Yen weakened around 0.8 percent on Monday o
k appetite in the market sentiments which led to fal
w yielding currency. The Yen touched an intra-day
sed at 100.40 in yesterday’s trade.
pan’s Business Survey Index (BSI) Manufacturing I
2 points to 15.2-mark in Q3 of 2013 from 5-le
rporate Goods Price Index (CGPI) increased by 2.4
ainst a rise of 2.3 percent a month ago.
tlook
th sentiments remaining upbeat in the global
ntiments towards Japan becoming bullish due to
n is expected.
chnical Outlook valid
Trend Suppo
/INR Sep ’13
E/MCX-SX)Down 63.70/63.
Economic Indicators to be released on
ndicator Country
BSI Manufacturing Index Japan
Claimant Count Change UK
Average Earnings Index 3m/y UK
Unemployment Rate UK
German 10-y Bond Auction Euro
Crude Oil Inventories US
MPC Member Miles Speaks UK
10-y Bond Auction US
CurreWed
JPY (% change)
Last P
JPY / $ (Spot) 100.4
JPY / INR (Spot) 0.637
JPY 100 / INR Sep’13
Futures (NSE)
63.88
JPY 100 / INR Sep’13
Futures (MCX-SX)
63.90
Technical Chart – JPY
the back of rise in
ll in demand for the
low of 100.46 and
Index increased by
el in Q2 of 2013.
ercent in August as
markets and with
lympics, fall in the
or September 11, 2013
rt Resistance
0 64.40/64.70
September 11, 2013
Time (IST) Actual Forecast P
5:20am 15.2 7.2
2:00pm - -21.2K
2:00pm - 1.3%
2:00pm - 7.8%
Tentative - -
8:00pm - -
9:00pm - -
10:30pm - - 2
cies Daily Repornesday| September 11, 201
www angelbroking com
as on September 10, 2013
rev day WoW MoM
0.8 0.8 3.8
-2.72 -6.29 0.94 -1
-3.25 0.59 0.59 -2
-3.25 0.65 0.65 -2
Source:
Source: Te
evious Impact
5.0 Medium
-29.2K High
2.1% Medium
7.8% Medium
.8/1.3 Medium
-1.8M Medium
- Medium
.62/2.5 Medium