FOREX Donald Trump announced 25% tariffs on Japan and South Korea, effective from 01-Aug-25. The Dollar Index needs a break past 99 to make the outlook bullish. Till then the range of 96-98/99 can hold. The Euro had slipped to 1.1686 but later rose above 1.17 again. The target of 1.19-1.20 is kept open for Read More
SGX Nifty Premarket
FOREX The Dollar Index continues to remain stable within its range of 96-98/99 for now. The Euro and EURINR can test the support near 1.17 and 100.50-100.00 respectively before possibly attempting to target 1.19-1.20 and 102 or higher levels thereafter. EURJPY needs to see a sustained rise past 170 to bring 175 into the picture. Read More
FOREX Trump’s ‘’One, Big, Beautiful Bill” of spending and tax cuts got narrowly passed that is estimated to add $ 3.4 trillion to the nation’s $ 36.2 trillion debt. The Dollar Index rose well yesterday. The range of 96-98/99 can hold for some time. The Euro can test the support near 1.17 if it falls Read More
FOREX Trump’s ‘’One, Big, Beautiful Bill” of spending and tax cuts got narrowly passed that is estimated to add $ 3.4 trillion to the nation’s $ 36.2 trillion debt. The Dollar Index rose well yesterday. The range of 96-98/99 can hold for some time. The Euro can test the support near 1.17 if it falls Read More
FOREX The Dollar Index can trade within its immediate range of 96-98/99 for some time before a break happens. A fall below 96 is not anticipated for now. The Euro is trading near 1.18 region. If the pair falls further, can test the support near 1.17. Overall, the targets of 1.19-1.20 are kept alive for Read More
FOREX FED Chair Jerome Powell said that the Fed is taking a patient approach to further interest rate cuts, but didn’t rule out a reduction. The Dollar Index has held the support near 96 for now. A further rise within its immediate range of 96-98/99 is possible. The Euro on the other hand is coming Read More
FOREX The Dollar Index is nearing the lower end of its 99-96 range. While the Euro has risen past 1.1750 and if sustained, can head towards 1.18-1.20. EURINR will have to rise past 101 to turn bullish in the near term. EURJPY needs to see a break past 170 to maintain its bullishness, else a Read More
FOREX The Dollar Index is trading lower within its 99-96 range. The Euro on the other hand needs a break past 1.1750 to head towards 1.18-1.20. EURINR will either have to rise past 101 or fall below 100 to give us further clarity. EURJPY needs to see a break past 170 to maintain its bullishness, Read More
FOREX President Donald Trump is going to announce the next FED chair soon. Markets speculate that the new chairman can guide monetary policy in a more dovish direction. The Dollar Index can have the downside limited to 96. Overall, it can trade within the 99-96 range for Euro and EURINR below 1.17 and 101.00 can Read More
FOREX President Donald Trump is going to announce the next FED chair soon. Markets speculate that the new chairman can guide monetary policy in a more dovish direction. The Dollar Index can have the downside limited to 96. Overall, it can trade within the 99-96 range for Euro and EURINR below 1.17 and 101.00 can Read More