Author: SGX Nifty

FOREX The Dollar index holds well above 100 and has potential rise further from here. The strength in the dollar index can drag the Euro lower. The USDJPY has come off from its high. It had surged on Friday after the 25-bps rate hike from the BoJ. While it sustains above the immediate support, the Read More

FOREX The Dollar index looks stable while Euro has paused above 1.1450. USDJPY and EURJPY look bullish from current levels while EURINR needs to break below 109.90/75 to fall further towards 109, else can bounce back from here itself. Aussie looks bullish towards 0.72/73 while Pound could have scope for an initial decline for the Read More

FOREX The Dollar index looks stable while Euro has paused above 1.1450. USDJPY and EURJPY look bullish from current levels while EURINR needs to break below 109.90/75 to fall further towards 109, else can bounce back from here itself. Aussie looks bullish towards 0.72/73 while Pound could have scope for an initial decline for the Read More

FOREX The Dollar index trades have risen sharply after the FED hiked rates by 25bps leading to a sharp decline in Euro below 1.15. USDJPY has risen along with the rise in the Dollar index and looks bullish in the near term while the EURJPY could also rise towards 180.50. Aussie and Pound have scope Read More

FOREX The Dollar index is poised to see a limited rise before a corrective decline sets in which indicates limited strength for the other major currencies against the dollar. Euro could limit its dip to 1.15 while EURJPY and USDJPY can continue to rise towards 180.50 and 157 respectively. EURINR is bullish to 112 while Read More

FOREX The Dollar index trades Higher today, heading back towards 100 while Euro can test 1.15. EURINR has dipped but the fall looks temporary before resumption of the uptrend. USDJPY and EURJPY are likey in a temporary correction phase post wich upmove can resume. Aussie, Pound and USDINR all have scope for an initial decline Read More

FOREX Fresh demand for the dollar ahead of the US CPI data release today has led to a decline in other major currencies against the US Dollar. Aussie, Pound, Chinese Yuan, Indian Rupee and the Euro see near-term weakness against the Dollar, while EURINR is rising towards 112. USDJPY and EURJPY have risen, but the Read More

FOREX Fresh demand for the dollar ahead of the US CPI data release today has led to a decline in other major currencies against the US Dollar. Aussie, Pound, Chinese Yuan, Indian Rupee and the Euro see near-term weakness against the Dollar, while EURINR is rising towards 112. USDJPY and EURJPY have risen, but the Read More

FOREX Fresh demand for the dollar ahead of the US CPI data release today has led to a decline in other major currencies against the US Dollar. Aussie, Pound, Chinese Yuan, Indian Rupee and the Euro see near-term weakness against the Dollar, while EURINR is rising towards 112. USDJPY and EURJPY have risen, but the Read More