Iforex Market Insight

INTERNATIONAL CURRENCY

BUZZ

ECONOMIC CALENDAR

GBP/USD HOURLY CHART

EUR/USD HOURLY CHART

EPIC RESEARCH SINGAPORE

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-

Iforex Market Insight

Date– 18–NOV

INTERNATIONAL CURRENCY BUZZ

EUR/USD

GBP/USD

The pound eased off session lows against the dollar on Tuesday after data showing that U.K. an-

nual inflation remained in negative territory in October, as food, alcohol and tobacco prices all

pushed down the consumer price index.GBP/USD was last at 1.5206 from around 1.5173 ahead

of the report.The Office for National Statistics said the annual rate of inflation fell 0.1% last

month, in line with forecasts, after a 0.1% fall in September.It was the first time annual inflation

has fallen for two consecutive months since the series was created in 1996.The consumer price

index ticked up 0.1% from a month earlier, matching forecasts after falling 0.1% in Septem-

ber.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted bas-

ket of six major currencies, was last at 99.59, after rising to seven month peaks of 99.74 earlier.

FOREX -Euro hits fresh 7-month lows as rate hike bets boost dollar FOREX -Kiwi drops to 1-month lows vs. greenback

FOREX -Aussie slides lower vs. stronger greenback

The euro remained close to seven-month lows against the dollar on Tuesday despite data show-

ing that German investor confidence rebounded this month, as the diverging monetary policy

outlook between the Federal Reserve and the European Central Bank weighed.EUR/USD hit lows

of 1.0643, the weakest since April 16 and was last at 1.0662, off 0.22% for the day.The ZEW Cen-

tre for Economic Research said German economic sentiment improved this month, one month

after the Volkswagen (DE:VOWG) emissions scandal sent the index sharply lower.The ZEW index

of economic sentiment rose to 10.4, up from October’s reading of 1.9, which was a 12-month

low.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted bas-

ket of six major currencies, was last at 99.59, after rising to seven month peaks of 99.74 earlier.

Iforex Market Insight

Date– 18–NOV

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singapore

ECONOMIC CALENDAR

Time Cur. Event Forecast Previous

Wednesday, November 18, 2015

02:00 USD FOMC Member Tarullo Speaks - -

02:30 USD TIC Net Long-Term Transactions (Sep) - 20.4B

03:05 USD API Weekly Crude Oil Stock - 6.300M

03:45 AUD RBA Assist Gov Debelle Speaks - -

06:00 AUD Wage Price Index (QoQ) (Q3) 0.6% 0.6%

18:30 USD FOMC Member Lockhart Speaks - -

19:00 USD Building Permits (MoM) (Oct) 3.1% -5.0%

19:00 USD Building Permits (Oct) 1.150M 1.105M

19:00 USD Housing Starts (Oct) 1.160M 1.206M

19:00 USD Housing Starts (MoM) (Oct) -3.9% 6.5%

21:00 USD Crude Oil Inventories 1.600M 4.224M

Iforex Market Insight

www.epicresearch.sg Iforex Market Insight Report By Epic Research Singa-

EUR/USD HOURLY CHART

BUY GBP USD ABOVE 1.5230 TAGET 1.5250 1.5280 SL 1.5200

SELL GBP USD BELOW 1.5160 TARGET 1.5140 1.5110 SL 1.5190

GBP/USD HOURLY CHART

BUY EUR USD ABOVE 1.0700 TARGET 1.0720 1.0750 SL 1.0670

SELL EUR USD BELOW 1.0650 TARGET 1.0630 1.0600 SL 1.0680

Date– 18–NOV

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