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2. TIME CURRENCY DESCRIPTION FORECAST PREVIOUS
6th-7th
GBP
Halifax HPI m/m 0.3% 0.4%
12:45pm EUR
Spanish Services PMI 57.4 57.3
01:15pm EUR
Italian Services PMI 52.1 51.6
02:00pm GBP
Services PMI 58.6 58.9
05:45pm USD
ADP Non-Farm Employment Change 192K
189K
06:45pm USD
Fed Chair Yellen Speaks - -
Rupee down due to appreciation of US dollar.
Dollar up in Asian trade on fresh expectations of rate hikes in US.
Sterling dips as U.K. construction slows sharply.
Kiwi slips lower vs. stronger greenback.
Aussie gains despite RBA rate cut to record low 2%.
Dollar pushes higher against euro in thin trade.
UK construction output growth slows in April.
Australia Cuts Key Rate to Record-Low 2% on Weak Growth
Outlook.
News FLASH
Economic calendar - May 06
3. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.6000 63.5000 63.4000 63.9000 64.0000 64.1000
EURINR 70.8000 70.7000 70.6000 71.1000 71.2000 71.3000
GBPINR 96.2000 96.1000 96.0000 96.6000 96.7000 96.8000
JPYINR 52.8000 52.7000 52.6000 53.1000 53.2000 53.3000
USDINR on daily charts traded on lower side after the previous reversal candlestick pattern and so selling
can be witnessed if it holds below the level of 63.7000.
Pivot table
TECHNICAL VIEW
USDINR