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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– 17–DEC INTERNATIONAL CURRENCY BUZZ Forex -AUD/USD edges higher but gains capped ahead of Fed Forex -Dollar steady as markets count down to Fed decision Forex -NZD/USD slips lower, all eyes on Fed decision EUR/USD The dollar edged higher against the eur on Wednesday, as markets awaited the Federal Reserve's highly anticipated policy decision due later in the day. EUR/USD eased 0.10% to 1.0921. Most in- vestors expect the U.S. central bank to raise interest rates for the first time since June 2006 at the conclusion of its meeting on Wednesday.Higher interest rates would make the U.S. dollar more attractive to yield-seeking investors in the long run, but a rate hike could also trigger dollar selling in the immediate aftermath.With a rate hike priced in investors are now focusing on how quickly the Fed will tighten monetary policy in 2016. The Fed has indicated that the pace of rate hikes will be gradual.The U.S. dollar index, which measures the greenback’s strength against a trade- weighted basket of six major currencies, was up 0.12% at 98.33. GBP/USD The pound fell to one-week lows against the dollar on Wednesday after the latest U.K. employment report showed a sharp slowdown in wage growth, while investors looked ahead to the outcome of a critical Federal Reserve meeting later in the day.GBP/USD hit lows of 1.4992 down from around 1.5002 ahead of the data.The Office for National Statis- tics said average earnings, excluding bonuses, rose just 2.0% in the three months to Octo- ber, slowing sharply from growth of 2.4% in the previous month. Economists had forecast growth of 2.3%.Meanwhile, the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at 98.31, holding just below Tuesday’s one-week high of 98.35. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date– 17–DEC ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Thursday, December 17, 2015 00:30 USD FOMC Economic Projections - - 00:30 USD FOMC Statement - - 00:30 USD Fed Interest Rate Decision 0.50% 0.25% 01:00 USD Fed Chair Yellen Speaks - - 03:15 NZD GDP (QoQ) (Q3) 0.8% 0.4% 05:20 JPY Adjusted Trade Balance -0.21T -0.20T 05:20 JPY Exports (YoY) (Nov) -1.5% -2.1% 05:20 JPY Trade Balance (Nov) -446B 112B 14:30 EUR ECB Economic Bulletin - - 15:00 GBP Core Retail Sales (YoY) (Nov) 2.3% 3.0% 15:00 GBP Core Retail Sales (MoM) (Nov) 0.6% -0.9% 15:00 GBP Retail Sales (YoY) (Nov) 3.0% 3.8% 15:00 GBP Retail Sales (MoM) (Nov) 0.5% -0.6% 15:30 EUR Wages in euro zone (YoY) (Q3) - 1.90% 16:30 GBP CBI Industrial Trends Orders (Dec) -10 -11 19:00 USD Current Account (Q3) -118.0B -109.7B 19:00 USD Initial Jobless Claims 275K 282K 19:00 USD Philadelphia Fed Manufacturing Index (Dec) 1.5 1.9 19:00 USD Philly Fed Employment (Dec) - 2.6 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date– 17–DEC GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.5020 TARGET 1.5000 1.4970 SL 1.5050 SELL GBP/USD BELOW 1.4970 TARGET 1.4950 1.4920 SL 1.5000 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0940 TARGET 1.0960 1.0990 SL 1.0910 SELL EUR/USD BELOW 1.0900 TARGET 1.0880 1.00850 SL 1.0930 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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