SGX Nifty Premarket

Merry Christmas FOREX Lower than expected US GDP dragged down the Dollar Index below 102 and could soon take it down to support near 101.50 which needs to hold to produce a bounce back else could make the index vulnerable to further fall. Euro has moved up to 1.10 and we need to see price Read More

Merry Christmas FOREX Lower than expected US GDP dragged down the Dollar Index below 102 and could soon take it down to support near 101.50 which needs to hold to produce a bounce back else could make the index vulnerable to further fall. Euro has moved up to 1.10 and we need to see price Read More

Merry Christmas FOREX Lower than expected US GDP dragged down the Dollar Index below 102 and could soon take it down to support near 101.50 which needs to hold to produce a bounce back else could make the index vulnerable to further fall. Euro has moved up to 1.10 and we need to see price Read More

FOREX Most currencies seem to be trading within a range and may continue so for the rest of the week. The Dollar Index remained stable but a further break past 102.5 is needed for it to rise higher. Euro is also stable within 1.09-1.10 and could fall while below resistance at 1.10. EURJPY and USDJPY Read More

FOREX The Dollar Index holds above 102 but could have some scope for a fall to 101.50 before eventually moving higher. Euro has moved up sharpy towards 1.10 after the release of softer EU CPI. EURJPY could not sustain its rise above 158 and is back within its range of 158-154, USDJPY tested 145 as Read More

FOREX Dollar Index has moved up well above 102 and could test 103-103.50 before coming off while Euro is bearish below 1.0965 for a fall towards 1.0850/1.08. EURJPY is headed towards its upper end of the 154-158 range while USDJPY is expected to fall on testing 144/145. Aussie can rise towards 0.68 but Pound may Read More

FOREX Some recovery is seen in the currency pairs from the movements seen last week. Dollar Index has moved up well above 102 and could test 103-103.50 before coming off while Euro can test 1.0850-1.08. EURJPY looks sable within 158-154 while USDJPY can continue to trade above 141. Aussie and Pound have dipped slightly but Read More

FOREX The ECB kept rates unchanged but did not mention anything on rate cuts in 2024, in contrary to the dovish tone from the FED a day before. ECB expects inflation to rebound again and keep price pressure intact. The rally in Euro and fall in Dollar Index seen after the FOMC has remained intact Read More

FOREX The ECB kept rates unchanged but did not mention anything on rate cuts in 2024, in contrary to the dovish tone from the FED a day before. ECB expects inflation to rebound again and keep price pressure intact. The rally in Euro and fall in Dollar Index seen after the FOMC has remained intact Read More

FOREX Sharp decline in the Dollar Index after the FOMC meeting where the FED kept rates unchanged but has indicated an end of rate hike cycle and three rate cuts in 2024. Dollar index has plunged to levels below 103, support levels of 102.50-102-101.50 come into the picture again. Euro is headed towards 1.0950-1.0975 from Read More