DAILY FOREX REPORT 27TH JULY 2012

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 HEADLINES
Euro dips as Spain worries keep investors wary: The euro gave back some of the previous day's gains on Thursday, with persistent worries about the possibility of Spain applying for a full bailout leaving investors inclined to sell the currency on any rally . The euro was down 0.2 per cent at $1.2130, edging away from a high of $1.21705 reached on Wednesday. Rupee will appreciate to levels of 54 by December: RBS survey: The Indian rupee is likely to appreciate to levels of 54 or below versus the US dollar by December, a survey conducted by Royal Bank of Scotland (RBS) shows.

TRADING TIPS Buy EUR/INR above 68.20 for targets of 68.32/68.45 Stop loss 68.00

RBI REFERENCE RATE PREVIOUS PERFORMANCE Sell USD/INR below 56.14 for targets of 56.02/55.90 Stop loss 56.30 2nd target achieved
As on 26TH July 2012
UNDERLYING SDINR EURINR GBPINR JPYINR RATE 55.9480 67.9535 86.5572 71.5600

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PRODUCT NAME

EXP DATE

OPEN

HIGH

LOW

CLOSE

LTP

CHG

PERCENTAGE CHANGE

CHANA
Symbol CHILLI EUR-INR GUR EUR-INR JEERA GBP-INR KAPAS GBP-INR PEPPER

7/19/2012

4556

DAILY MARKET STATISTICS

4573 4525 4560 5120 5060 Open5018
High Low

4532 5018

-28
Close

-0.61
Prev. -1.99 Close 68.2575 -0.46 68.5075 -1.68 87.0225 -0.76 87.3175 0.11

Series/Expiry 7/19/2012 5060Unit 27-Jul-12 7/19/2012 29-A ug-12 7/19/2012 27-Jul-12 7/19/2012 29-A ug-12 7/19/2012

-102

1 1188 EUR 1188 68.0975 1178 68.1975 1183.5 67.6900 1178 1 14955EUR 1496068.3000 14650 68.4650 15052.5 68.0100 14800 1 1044 GBP 1053 86.7225 1035 87.1000 1049 86.4500 1041

68.1225 -5.5 68.3875 -252.5 86.8100 -8 87.0625 45

1 42300GBP 4255587.0025 42250 87.3275 42390 86.7650 42435

GBP-INR REF SOYA

26-S ep-12 7/19/2012

1 780.5 GBP 783.687.2150 777.4 87.4700 782.85 87.1500 781.3

87.4700 -1.55

87.5475 -0.2

JPY-INR SOY BEAN

27-Jul-12 7/19/2012

100 4309 JPY 4330 71.5525 4265.5 71.8200 4303

70.9075 4315

71.0550 12

71.7500 0.28

JPY-INR TURMERIC

29-A ug-12 7/19/2012

100 4600 JPY 4676 71.9000 4518 72.0525 4664

71.0700 4540

71.3125 -124

71.9975 -2.66

USD-INR WHEAT

27-Jul-12 7/19/2012

1 1251 USD 1282 56.0750 1251 56.1100 1246

55.5000 1282

55.5675 36

56.1625 2.89

USD-INR

29-A ug-12

1 USD

56.4125

56.4125

55.7750

55.8275

56.4450

USD-INR

26-S ep-12

1 USD

56.6100

56.6500

56.0400

56.0875

56.7025

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 DAILY USD/INR CHART

ANALYSIS
OPEN: 56.0550 HIGH: 56.1100 LOW: 55.5000 CLOSE: 55.5675

USD/INR LOOKS BEARISH TREND: DOWNWARDS STRATEGY: SELL ON RISE.

 DAILY EUR/INR CHART

ANALYSIS
OPEN: 68.0975 HIGH: 68.1950 LOW: 67.6925 CLOSE: 68.1225

EUR/INR LOOKS BULLISH TREND: BULLISH STRATEGY: BUY ON DIPS

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FOREX FORTHCOMING INDEX

TIME 12.30 P.M 6.00 P.M 6.00 P.M CURRENCY EUR USD USD DETAIL Spanish Unemployment Rate Advance GDP q/q Advance GDP price Index q/q ACTUAL FORECAST 24.7% 1.5% 1.6% PREVIOUS 24.4% 1.9% 2.0%

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