Epic Research Singapore : - Daily IForex Report of 05 April 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 – 05 – Apr INTERNATIONAL CURRENCY BUZZ Forex-Aussie, kiwi decline vs. greenback in late trade Forex -Dollar rises vs. rivals but remains near 5-1/2 month trough Forex-Dollar struggles to recover after worst week in two months EUR/USD The euro is flat on Monday, as EUR/USD is trading at 1.1370 in the European session. On the re- lease front, Eurozone Unemployment Rate remained at 10.3%, matching the forecast. Spanish Unemployment Change was excellent, posting a sharp decline of 58.2 thousand. This was the in- dicator’s strongest reading in seven months. Eurozone Sentix Investor Confidence improved slightly to 5.7 points, but this was well short of the estimate of 6.9 points. In the US, it’s a quiet start to the week, with no major releases on the schedule.The US dollar suffered its worst week in two months, as EUR/USD surged some 230 points. The euro took full advantage of Janet Yellen’s very dovish comments last week at a speech in New York. Yellen warned of risks to the US economy from uncertainty in the global markets and the slowdown in China, and poured cold water on speculation of an April rate hike. GBP/USD The pound edged lower against the U.S. dollar on Monday but the greenback remained under pressure after Friday’s strong U.S. jobs report did little to alter the view that the Federal Reserve will stick to a cautious approach on rate hikes.GBP/USD touched lows of 1.4201 and was last at 1.4198, off 0.18% for the day.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.18% at 94.75, holding above last Thursday’s five-and-a-half month lows of 94.31.The index ended the previous week down 1.65% after Fed Chair Janet Yellen said global risks to the U.S. economy justified taking a cau- tious approach to raising interest rates.The dollar found some support after Friday’s nonfarm payrolls report showed that the U.S. economy added a larger-than-expected 215,000 jobs last month. Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

3. Iforex Market Insight Date - 05– Apr ECONOMIC CALENDAR Time Time Cur. Cur. Event Event Forecast Forecast Previous Previous Tuesday, April 5, 2016 03:30 NZD NZIER Business Confidence (Q1) - 15% 04:30 USD FOMC Member Kashkari Speaks - - 05:30 USD FOMC Member Kaplan Speaks - - 07:00 AUD Trade Balance (Feb) -2.600B -2.937B 10:00 AUD Interest Rate Decision (Apr) 2.00% 2.00% 10:00 AUD RBA Rate Statement - - 11:00 INR Interest Rate Decision 6.50% 6.75% 13:30 EUR Markit Composite PMI (Mar) 53.7 53.7 13:30 EUR Services PMI (Mar) 54.0 54.0 14:00 GBP Services PMI (Mar) 54.0 52.7 14:30 EUR Retail Sales (MoM) (Feb) 0.1% 0.4% 18:00 USD Trade Balance (Feb) -46.20B -45.70B Tentative NZD GlobalDairyTrade Price Index - -2.9% 19:15 USD Markit Composite PMI (Mar) - 51.1 19:15 USD Services PMI (Mar) 51.0 51.0 19:30 USD ISM Non-Manufacturing Employment (Mar) - 49.7 19:30 USD ISM Non-Manufacturing PMI (Mar) 54.0 53.4 19:30 USD JOLTs Job Openings (Feb) 5.570M 5.541M Iforex Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. Iforex Market Insight Date - 05- Apr GBP/USD HOURLY CHART BUY GBP USD ABOVE 1.4240 TARGET 1.4260 1.4290 SL 1.4210 SELL GBP USD BELOW 1.4200 TARGET 1.4180 1.4150 SL 1.4230 EUR/USD HOURLY CHART BUY EUR USD ABOVE 1.1375 TARGET 1.1395 1.1425 SL 1.1345 SELL EUR USD BELOW 1.1355 TARGET 1.1335 1.1305 SL 1.1385 Iforex Market Insight Report By Epic Research Singa- www.epicresearch.sg

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