January 2nd , 2014
Currency
USDINR
EURINR
GBPINR
JPYINR
Expiry
JAN
JAN
JAN
JAN
Call
Open
62.2050
85.5000
102.9000
59.1750
Currency Futures (NSE)
High
Low
62.4700
62.1625
85.6500
85.4000
102.9500
102.6725
59.3125
58.9175
Option Monitor
Premium
2.1575
1.2925
0.6450
0.2775
0.1100
Previous
1.05
8.25
4.89
3.89
Strike Price
60.00
61.00
62.00
63.00
64.00
Close
62.2275
85.6125
102.8850
59.0850
% chg
0.12%
0.08%
0.21%
-0.24%
Put
OI
472953
49908
34637
8964
Pivot
62.29
85.55
102.84
59.11
Support - Resistance for the day
S1
S2
R1
62.10
61.98
62.41
85.46
85.30
85.71
102.72
102.56
103.00
58.90
58.71
59.29
OPEN INTEREST Distribution
R2
62.59
85.80
103.11
59.50
IV
8.02
6.19
6.84
7.91
8.37
OI
3628
3791
35375
52016
16742
Volume
666
112
19197
14417
8089
Current
0.79
8.25
6.49
3.77
Premium
0.0425
0.1400
0.4850
1.1025
1.9125
27
PCR
30 Day Volatility
Call Implied Vol
Put Implied Vol
Days to
expiry
7959
17608
34823
62674
4056
FII Activity
Action
Rs. (Crs)
BUY
225
SELL
215
NET
10
Market Snapshot
Volume
2828
9033
14173
3756
91
OI
IV
8.21
7.85
8.21
9.35
6.47
$ (Mil)
36
35
2
64.00
63.00
62.00
61.00
60.00
0
20000
40000
60000
80000
Put
Call
USDINR:
In the first trading session of 2014, the rupee ended lower at 61.88 against the dollar. Volumes in the currency market were thin as most global markets were shut for New Year holidays. The traders are awaiting allocation from FII into
local markets, which form a key support for the currency. For the day, PMI data from the euro zone and the US will keep the rupee under pressure.
EURINR:
The euro zone currency has outperformed major currencies in the world and gained more than 4% against the dollar in 2013. The volatility and volumes in the currency market dried up as most global markets were shut for New Year
holidays. The dollar could take its cues from the manufacturing data that will be released from the euro zone and the US today.
GPBINR:
The Pound has gained more than 2% in the entire year against the dollar. Investors have supported the pound and positioned themselves for the possibility that the BOE will raise interest rates sooner than it has said it expects to. As
the holiday season ends in the international markets, volumes and volatility will bring back the demand for trading currencies.
JPYINR:
In 2013, the yen depreciated around 22% against the dollar which is the highest in 34 years. This drop in the yen has been viewed as a positive for Japanese exports and corporate earnings, and a major reason its share markets
outperformed all others last year. The focus on whether forthcoming US data will support the case for the Fed to gradually scale back its bond-buying stimulus over the course of 2014 will continue to keep the yen under pressure.

Economic Data
Yesterday
-
Currency
-
Actual
-
Prior
-
Impact
-
Technical Chart
Today
Manufacturing PMI
Initial Jobless Claims
Manufacturing PMI
Currency
EUR
USD
USD
Expected
52.7
334K
57
Prior
51.6
338K
57.3
Impact
MILD
MILD
MILD
Debt Market
Forward
LIBOR 1-Mth
LIBOR 3-Mth
MIBOR 1-Mth
MIBOR 3-Mth
US 5Yr Yield
US 10Yr Yield
IND 10Yr Yield
Call Money rate
Last
0.17
0.25
8.93
9.04
98.83
97.67
99.93
7.80
1 Day ago
% Chg
0.17
1.47%
0.25
0.20%
9.02
1.00%
9.06
0.22%
98.83
0.00%
97.67
0.00%
100.09
0.16%
8.85
11.86%
Currency
EUR
GBP
JPY
CAD
CHF
AUD
NZD
CNY
Currency Crosses
Close
1.3775
1.6584
105.2550
1.0632
0.8910
0.8919
0.8222
6.0510
MTD %
1.81%
2.32%
6.88%
2.95%
-1.57%
-4.44%
-0.89%
-1.12%
YTD %
4.40%
2.05%
21.37%
7.17%
-2.64%
-14.16%
-0.69%
-2.87%
Forward
1-Mth Frd
3-Mth Frd
6-Mth Frd
1-Yr Frd
1-Mth NDF
3-Mth NDF
6-Mth NDF
1-Yr NDF
Last
Forward Markets
62.3458
63.2320
64.5070
66.9195
62.2770
63.1620
64.4870
67.0220
1 Day ago
% Chg
62.3620
63.2370
64.5145
66.8920
62.2770
63.1620
64.4870
67.0220
-0.03%
-0.01%
-0.01%
0.04%
0.00%
0.00%
0.00%
0.00%
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