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Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S.A., Singapore, Australia and Middle East. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for the Singapore market .We Provide Services In :SGX Equities,SGX Derivatives - Futures and Options,Global Commodities – Bullion, Energy and Agri,Global Forex – Major currency pairs
Forex - GBP/USD off session highs after CBI factory order
Forex - EUR/USD hits session lows after German ZEW
Forex -AUD/USD holds steady in subdued trade
AUD/USD hit 0.8838 during late Asian trade, the pair's highest since January 16; the
pair subsequently consolidated at 0.8805, inching down 0.06%.
The pair was likely to find support at 0.8757, Monday's low and a three-year low and
resistance at 0.8906, the high of January 16.
Demand for the greenback remained supported by expectations for a reduction to
the Fed’s quantitative easing program at the outcome of its next policy meeting on
January 29 to USD65 billion from the current USD75 billion.
GBP/USD retreated from session highs of 1.6452 to trade at 1.6418, dipping 0.05%.
Cable was likely to find support at 1.6350 and resistance at 1.6500.
The Confederation of British Industry said its index of industrial order expectations
fell to -2 this month from 12 in December, and below expectations of a reading of 10.
However, the CBI said the volume of total orders for the next three months rose to
22 from 14, the highest level since April 2012. New orders in the three months to
January saw their strongest growth in nearly three years.
EUR/USD touched lows of 1.3525 and was last down 0.12% to 1.3536.
The pair is likely to find support at 1.3506, Monday’s low and a two-month low and
near-term resistance at 1.3567, Monday’s high.
The ZEW Centre for Economic Research said its index of German economic
sentiment ticked down to 61.7 this month from 62.0 in December. Analysts had
expected an increase to 64.0
Trimmed Mean CPI (QoQ)
BoJ Press Conference
Average Earnings Index
Claimant Count Change
MPC Meeting Minutes
BoC Monetary Policy
Interest Rate Decision
BoC Gov Poloz Speaks
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