Epic Research Singapore : - Daily IForex Report of 29 January 2016

1. Iforex Market Insight  INTERNATIONAL CURRENCY BUZZ  ECONOMIC CALENDAR  GBP/USD HOURLY CHART  EUR/USD HOURLY CHART EPIC RESEARCH SINGAPORE

2. Iforex Market Insight Date– 29– JAN INTERNATIONAL CURRENCY BUZZ Dollar steady against rivals after Fed statement Forex Forex - -Sterling hits day’s highs on U.K. GDP report Sterling hits day’s highs on U.K. GDP report Forex Forex - - Steadier oil helps Aussie, kiwi after Fed statement Steadier oil helps Aussie, kiwi after Fed statement Forex Forex -Dollar steady against rivals after Fed statement EUR/USD EUR/USD, is steady on Thursday, as the pair trades at the 1.09 line in the European session. In economic news, currency markets did not display much reaction to the Federal Reserve, which maintained interest rate levels and issued a cautious policy statement. Later in the day, Germany will publish Preliminary CPI, and the US releases Core Durable Goods and Unemployment Claims. On Friday, there are key events, Eurozone CPI and US Advance GDP.The pair kept the composure after January’s data in the euro area showed Industrial Confidence dropped to 3.2, Business Cli- mate fell to 0.29, Service Sentiment has come in at 11.6 and Economic Sentiment printed 105.0, all of them below expectations. On a more optimistic side, Consumer Confidence matched esti- mates at -6.3.In the meantime, spot has managed to clinch highs near 1.0930, albeit losing some pips afterwards, all backed by a softer tone in the greenback. GBP/USD The pound rose to the day’s highs on Thursday after figures showing that the U.K. economy grew in line with expectations in the fourth quarter, but the annual rate of growth slowed to the weakest in three years.GBP/USD rose 0.63% to 1.4324 from around 1.4253 ahead of the re- port.The Office for National Statistics said fourth quarter gross domestic product grew 0.5%, matching forecasts after growth of 0.4% in the three months to September.The service sector, which accounts for around 80% of GDP, grew by 0.7% in the last quarter, but the production sec- tor shrank by 0.2%, with manufacturing output flat. Construction output fell 0.1%, the ONS said.The U.K. economy grew at an annual rate of 1.9% in the three months to December, slowing from 2.1% in the third quarter and the smallest increase since early 2013. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

3. Iforex Market Insight Date– 29– JAN ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Friday, January 29, 2016 03:15 NZD Building Consents (MoM) (Dec) - 1.8% 05:00 JPY Household Spending (MoM) (Dec) 2.0% -2.2% 05:00 JPY Household Spending (YoY) (Dec) -2.4% -2.9% 05:00 JPY Jobs/applications ratio (Dec) 1.26 1.25 05:00 JPY National Core CPI (YoY) (Dec) 0.1% 0.1% 05:00 JPY Tokyo Core CPI (YoY) (Jan) 0.1% 0.1% 05:20 JPY Industrial Production (MoM) (Dec) -0.3% -0.9% 05:30 NZD ANZ Business Confidence (Jan) - 23.0 06:00 AUD PPI (YoY) (Q4) - 1.7% 06:00 AUD PPI (QoQ) (Q4) 0.6% 0.9% 06:00 AUD Private Sector Credit (MoM) 0.6% 0.4% 12:00 JPY BoJ Press Conference - - 13:30 CHF KOF Leading Indicators (Jan) 96.0 96.6 15:30 EUR Core CPI (YoY) 0.9% 0.9% 15:30 EUR CPI (YoY) (Jan) 0.4% 0.2% 19:00 USD Employment Cost Index (QoQ) (Q4) 0.6% 0.6% 19:00 USD GDP (QoQ) (Q4) 0.8% 2.0% 19:00 USD GDP Price Index (QoQ) 1.2% 1.3% 19:00 USD Goods Trade Balance (Dec) -60.00B -60.50B 20:15 USD Chicago PMI (Jan) 45.0 42.9 20:25 USD Michigan Consumer Expectations (Jan) 84.5 85.7 20:25 USD Michigan Consumer Sentiment (Jan) 93.0 93.3 23:30 USD Baker Hughes U.S. Rig Count - 510 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. Iforex Market Insight Date– 29– JAN GBP/USD HOURLY CHART BUY GBPUSD ABOVE 1.4340 TARGET 1.4360 1.4390 SL 1.4310 SELL GBPUSD BELOW 1.4270 TARGET 1.4250 1.4220 SL 1.4300 EUR/USD HOURLY CHART BUY EUR USD ABOVE 1.0930 TARGET 1.0950 1.0980 SL 1.0900 SELL EUR USD BELOW 1.0880 TARGTE 1.0860 1.0830 SL 1.0910 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

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