FOREX The Dollar Index is attempting to rise back while above 101. Powell’s speech at the Jackson Hole scheduled today is awaited. Euro can head towards 1.12/1.13, if it sustains above 1.11. USDJPY and EURJPY need to hold above 145 and 160 to continue the corrective up move. The pound needs to sustain above 1.31 Read More
August 2024
After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 23-Aug-2024 Category Date Buy Value Sell Value Net Value FII/FPI 23-Aug-2024 16,775.70 14,831.22 1,944.48 DII 23-Aug-2024 13,341.03 10,445.01 2,896.02 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 74,754 4,948 74,006 Read More
FOREX The Dollar Index is attempting to rise back while above 101. Powell’s speech at the Jackson Hole scheduled today is awaited. Euro can head towards 1.12/1.13, if it sustains above 1.11. USDJPY and EURJPY need to hold above 145 and 160 to continue the corrective up move. The pound needs to sustain above 1.31 Read More
FOREX The Dollar Index slipped after a sharp downward annual revision was seen in the NFP data by 818k and on the release of the FOMC July meeting minutes yesterday that indicated that the FED officials are inclined towards a rate cut in Sep. Traders now price in a 38% probability of a 50bps cut, Read More
FOREX The Dollar Index has been coming off sharply and a break below 101 can drag it towards 100.5-99.5 in the medium term. Euro has surged past 1.11 and can test 1.1150/75-1.12 before possibly topping out. The USDJPY and EURJPY can hold above 145 and 160/158 and move higher in the medium term. The Pound Read More
After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 20-Aug-2024 Category Date Buy Value Sell Value Net Value FII/FPI 20-Aug-2024 17,714.69 19,172.65 -1,457.96 DII 20-Aug-2024 13,182.77 10,930.67 2,252.10 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 55,782 3,903 29,198 Read More
FOREX Dovish comments from the FED officials signaled a higher rate cut possibility in September thereby taking the Dollar Index sharply down below 102. Powell’s Jackson Hole speech on Friday will be important to watch. The view is bearish towards 101 while below 102. Euro could be headed towards 1.11 or slightly higher. A lower Read More
After Market Data of NSE,BSE and MSEI in Capital Markets For Trade Date 19-Aug-2024 Category Date Buy Value Sell Value Net Value FII/FPI 19-Aug-2024 12,084.30 14,751.76 -2,667.46 DII 19-Aug-2024 11,138.17 9,335.25 1,802.92 FII Derivatives Statistics Type BuyContracts BuyAmt (Rs. Cr) SellContracts SellAmt (Rs. Cr) Open InterestContracts Open InterestAmt (Rs. Cr) Index Futures 29,918 1,982 34,527 Read More
FOREX The Dollar Index is currently nearing the lower end of its mentioned range of 104-102. Euro has risen past 1.10 but unless a strong bearishness in the Dollar Index below 102 is seen, the upside in the Euro could be limited. The USDJPY and EURJPY are holding well below 150 and 165 and further Read More
FOREX The Dollar Index has risen well and has the further scope to test 103.50 before topping out. Euro below 1.10 can fall back towards 1.09-1.0850 in the near term. The USDJPY and EURJPY has risen well and can test 150 and 165 on the upside before resuming their downtrend in the medium term. Pound Read More