SGX Nifty Premarket

FOREX The Dollar Index came off along with the decline in crude prices as the US said it may let Iranian oil on the sea to cool of prices. The index continues to fluctuate within 99-101 region. Euro is headed towards 1.16 from where it can decline back to 1.14. EURINR has risen as expected Read More

FOREX The FED has kept key interest rates unchanged as expected. While the impact of US-Iran conflict on inflation and growth remains unclear, tariff-related inflation is expected to ease in the second half of the year. The dot plot signals two rate cuts ahead. The Dollar Index has moved up and could test 101-101.50 in Read More

FOREX The Dollar Index is likely to trade within 99-101 range. Watch for FOMC policy meeting tonight where the FED is expected to keep rates unchanged. Euro has risen but could limit it’s upside to 1.1550-1.16 before declining back to 1.14 later. EURINR has risen as expected and may continue to rise towards 107/108 while Read More

FOREX The Dollar Index is holding below immediate resistance near 100.54 but the current dip could pause at 99 for a bounce back towards 101-101.50. Euro has risen but could limit it’s upside to 1.1550-1.16 before declining back to 1.14. EURINR has risen as expected and may continue to rise towards 107/108 while above support Read More

FOREX Tensions in the Middle East continue to trigger safe-haven dollar demand, taking the Dollar Index to 100.54. With immediate support at 99, there is scope for a rise to 101-101.50 soon. The Euro may test 1.14/1.13 with upside limited to 1.16. EURINR may hold above 105.50 and rise towards 107. A range of 105-107 Read More

FOREX The Dollar Index and Euro are likely to test 100 and 1.15 respectively but thereafter will it reverse back to previous levels or see a breakout is uncertain. EURINR may rise towards 107/108 while above support near 105-105.50. EURJPY can trade within 180-185 region while USDJPY has almost reached to test 160.  USDCNY needs Read More

FOREX The Dollar Index and Euro are likely to test 100 and 1.15 respectively but thereafter will it reverse back to previous levels or see a breakout is uncertain. EURINR may rise towards 107/108 while above support near 105-105.50. EURJPY can trade within 180-185 region while USDJPY has almost reached to test 160.  USDCNY needs Read More

FOREX The Dollar Index and Euro are likely to consolidate within the 98.50-99.75 and 1.1750-1.15 zones respectively while EURINR may rise towards 107/108 while above support near 105-105.50. EURJPY and  USDJPY can trade within 180-185 region and 156-160 region respectively.  USDCNY needs to hold above 6.85 to rise further towards 6.90/95. Aussie and Pound are Read More

FOREX Most currencies look stable today after earlier volatile sessions this week. The Dollar Index has crucial resistance at 101-101.50 which can be tested followed by a decline in the medium term. Euro can rise slowly while above 1.15 towards 1.1750. EURINR is rising towards 107/108 while above 105; EURJPY and USDJPY can trade within Read More

FOREX President Trump, yesterday, signalled that the Iran war would end soon and that the US would waive “some oil sanctions” to reduce soaring oil prices. This has lead to a reversal in the direction for all the currency pairs from what was seen yesterday morning. With the Dollar Index having fallen below 99 now, Read More