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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– 11–DEC INTERNATIONAL CURRENCY BUZZ Forex -NZD/USD higher despite RBNZ rate cut Forex -Swiss franc steady after SNB keeps rates on hold at 0.75% Forex -AUD/USD rallies on strong Australian jobs data EUR/USD The dollar pushed higher against the euro and the yen on Thursday after losses in the previous sessions as investors turned their attention to next week's Federal Reserve meeting amid expecta- tions for an imminent rate hike.EUR/USD was down 0.39% to 1.0908, off Wednesday’s five week highs of 1.1042.The euro had continued to strengthen in the wake of last Thursday’s rally after the latest round of easing announced by the European Central Bank fell well short of market expecta- tions.On Wednesday, ECB Governing Council member Ewald Nowotny said market expectations for additional stimulus measures had been too high and that investors should have paid more at- tention to economic fundamentals.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, rose 0.38% to 97.71. GBP/USD The pound was almost unchanged at three-week highs against the U.S. dollar on Thursday, even after data showed that he U.K. trade deficit widened much more than expected in October, as investors awaited the Bank of England's policy decision later in the day.GBP/USD hit 1.5196 dur- ing European morning trade, the pair's highest since November 20; the pair subsequently con- solidated at 1.5178.Cable was likely to find support at 1.5075, the low of December 4 and resis- tance at 1.5248, the high of November 18.The U.K. Office for National Statistics reported that the country's trade deficit widened to £11.83 billion in October from £8.8 billion the previous month. Economists had expected the trade deficit to widen to £9.7 billion in October.The U.S. dollar rallied to 11-/12 year highs against other major currencies earlier in the week after Fri- day's strong U.S. employment data added to expectations that the Fed will hike interest rates for the first time since 2006. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
Iforex Market Insight Date– 11–DEC ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Friday, December 11, 2015 00:00 GBP BoE Gov Carney Speaks - - 00:30 USD Federal Budget Balance (Nov) -68.0B -136.0B 03:00 NZD Business NZ PMI (Nov) - 53.3 19:00 USD Core PPI (MoM) (Nov) 0.1% -0.3% 19:00 USD Core Retail Sales (MoM) (Nov) 0.3% 0.2% 19:00 USD PPI (MoM) (Nov) -0.1% -0.4% 19:00 USD Retail Sales (MoM) (Nov) 0.3% 0.1% 20:30 USD Business Inventories (MoM) (Oct) 0.1% 0.3% 20:30 USD Michigan Consumer Expectations (Dec) 81.0 82.9 20:30 USD Michigan Consumer Sentiment (Dec) 92.0 91.3 23:30 USD Baker Hughes U.S. Rig Count - 545 Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg
Iforex Market Insight Date– 11–DEC GBP/USD HOURLY CHART BUY GBP/USD ABOVE 1.5190 TARGET 1.5170 1.5140 SL 1.5160 SELL GBP/USD BELOW 1.5160 TARGET 1.5140 1.5110 SL 1.5190 EUR/USD HOURLY CHART BUY EUR/USD ABOVE 1.0990 TARGET 1.1010 1.1040 SL 1.0960 SELL EUR/USD BELOW 1.0930 TARGET 1.0910 1.0880 SL 1.0960 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg
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