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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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Iforex Market Insight INTERNATIONAL CURRENCY BUZZ ECONOMIC CALENDAR GBP/USD HOURLY CHART EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE
Iforex Market Insight Date– 20– JAN INTERNATIONAL CURRENCY BUZZ AUD/USD rises after Chinese data, gains seen limited Forex Forex - - NZD/USD edges higher after China GDP NZD/USD edges higher after China GDP Forex Forex - -Dollar higher against safe haven yen after China GDP Dollar higher against safe haven yen after China GDP data Forex Forex -AUD/USD rises after Chinese data, gains seen limited data EUR/USD The euro remained slightly lower against the dollar on Tuesday after a report showing that Ger- man economic sentiment deteriorated this month, knocked by recent turmoil in global financial markets.EUR/USD was last at 1.0869, off 0.21% for the day from around 1.0873 earlier.The ZEW institute said its index of German economic sentiment fell from 16.1 in December to 10.2 in Janu- ary, as slowing growth in China and other major world economies dimmed the outlook for the euro area’s largest economy. This was still higher than analysts forecast for a reading of 8.2.The ZEW index of current conditions rose to 59.7 from 55.0 in December, the highest level since Sep- tember.A separate report confirmed that the annual rate of inflation in the euro area came in at 0.2% in December, in line with forecasts.On a month-over-month basis consumer prices were flat. GBP/USD The pound hit the day’s highs against the dollar on Tuesday after data showing that the annual rate of inflation in the U.K. rose at the fastest rate in almost a year in December.GBP/USD rose to 1.4340 from around 1.4317 ahead of the report.The U.K. consumer price index rose 0.1% in De- cember from a month earlier, matching forecasts, the Office for National Statistics said.The an- nual rate of inflation rose 0.2%, ahead of forecasts of 0.1% and the highest since January 2015.Transport costs, particularly air fares, and to a lesser extent motor fuels, were the main contributors to the rise, the ONS said.The data comes at the end of a year which saw consumer prices inflation hover close to zero, prompting investors to push back expectations on the timing of a rate hike by the Bank of England.Investors were looking to the speech for any indications on the timing of a possible rate hike.Sterling also touched session highs against the euro, with EUR/ GBP falling to 0.7584 from 0.7599 earlier Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date– 20– JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Wednesday, January 20, 2016 02:30 USD TIC Net Long-Term Transactions (Nov) - -16.6B 03:15 NZD CPI (YoY) (Q4) 0.4% 0.4% 03:15 NZD CPI (QoQ) (Q4) -0.2% 0.3% 05:00 AUD Westpac Consumer Sentiment -0.8% 09:30 MYR CPI (YoY) (Dec) 2.7% 2.6% 15:00 GBP Average Earnings Index +Bonus (Nov) 2.1% 2.4% 15:00 GBP Claimant Count Change (Dec) 2.5K 3.9K 15:00 GBP Unemployment Rate (Nov) 5.2% 5.2% 19:00 USD Building Permits (Dec) 1.200M 1.282M 19:00 USD Building Permits (MoM) (Dec) -6.4% 11.0% 19:00 USD Core CPI (YoY) (Dec) 2.1% 2.0% 19:00 USD Core CPI (MoM) (Dec) 0.2% 0.2% 19:00 USD CPI (MoM) (Dec) 0.0% 0.0% 19:00 USD Housing Starts (Dec) 1.200M 1.173M 19:00 USD Housing Starts (MoM) (Dec) 1.6% 10.5% Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date– 20– JAN GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.4350 TARGET 1.4370 1.4400 SL 1.4320 SELL GBP/USD BELOW 1.4280 TARGET 1.4260 1.4230 SL 1.4310 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0900 TARGET 1.0920 1.0950 SL 1.0870 SELL EUR/USD BELOW 1.0860 TARGET 1.0840 1.0810 SL 1.0890 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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