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1. 25 MAY – 29 MAY 2015
W E E K L Y
R
E
P
O
R
T
Buy on fear, sell on greed.
Buy on the rumor, sell on the news.
The trend is your friend.
Amateurs want to be right.
Professionals want to make money.
WWW.TRIFIDRESEARCH.COM

2. REFERENCE RATE
(USD)
63.5728
REPO RATE 7.50%
REVERSE REPO 6.50%
CRR 4%
INFLATION -2.65%
KEY RATESAs on 22/05/2015
MARKET EVENTS MARKET OUTLOOK
Indian Rupee lost its value in the
initial part of the week but
rebounded from highs and continued
the rising streak for two consecutive
sessions on sustained selling of
American currency by Exporters &
Banks. Strong Equity markets for the
entire week and expectation of
foreign capital inflows too boosted
the rupee value and finally settled on
flat to positive note. Dollar Index saw
a positive week as the greenback
managed to gain despite of mixed
data. FOMC meeting minutes so
released did not give any clear data
and Fed members were not sure
about June rate hikes.
Rupee gains on continued
selling of US dollar.
EUR/USD erases gains, drops
to nearly 1-month lows.
US Consumer Price Index
increased 0.1 percent in April.
Sterling trade weighted index
holds near 7 year high on data
boost.
CURRENCIES
PREVIOUS
RATE
CURRENT
RATE
% CHANGE
USDINR 63.6525 63.5575 -0.14
EURINR 72.2550 70.9925 -1.74
GBPINR 100.0050 99.2650 -0.73
JPYINR 53.0775 52.5100 -1.06

3. USDINR
EURINR
USDINR last week showed flat to negative sentiments as faced resistance on higher levels. Now,
any closing below 63.4500 may drag it on lower levels towards the range of 63.2000-63.0000.
However, 64.0000 is still seen as major resistance for the counter which will hinder it to move
ahead.
EURINR last week strongly rebounded from higher side and sharp selling was seen in the initial
part of the week and close in red territory. On daily charts, 70.5000 is seen as strong support
surpassing which can result in further selling while it can be a reversal point if it sustains above
71.5500 and may head towards higher levels.

4. CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 63.2000 62.9000 62.5000 63.8000 64.1000 64.4000
EURINR 70.5000 70.1000 69.5000 71.5000 72.2000 72.9000
GBPINR 98.7000 98.2000 97.8000 100.0000 100.5000 101.2000
JPYINR 52.3000 52.0000 51.7000 52.9000 53.2000 53.5000
PIVOT TABLE
DATE TIME COUNTRY EVENT
BLOOMBERG
ESTIMATE
PREVIOUS
LEVEL
26-MAY-2015
6:00
PM
US
Core Durable
Goods Orders
0.5% 0.3%
27-MAY-2015 - ALL G7 Meetings - -
28-MAY-2015
6:00
PM
US
Unemployment
Claims
272k 274k
29-MAY-2015
6:00
PM
US Prelim GDP q/q -0.9% 0.2%
INTERNATIONAL UPDATES
 UK inflation negative for first time since 1960.
 China manufacturing output at 49.1 in May (48.9 in April).
 US Unemployment Insurance Weekly Claims at 274,000, an
increase of 10,000 from the previous week.

5. WWW.TRIFIDRESEARCH.COM
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