FOREX Lower US Unemployment claims at 231k (241k expected) & greater Philifed Index at 23.2 (1.7 expected) supported the strength in Dollar. The Dollar Index has risen but is facing immediate resistance; a clear break above this level could target 98–99 next. The Euro below 1.19 can target 1.17 or even 1.16 in the near Read More
SGX Nifty Premarket
FOREX The FED Delivered 25-bps rate cut as widely expected and signaled two more reductions this year and only one in 2026.The Dollar Index tested 96.28 and while above 96 a rise back towards 98-99 can happen. The Euro and EURINR are coming off from 1.1918 and 104.38 and can extend the fall towards 1.17-1.16 Read More
FOREX The FOMC is scheduled today. While the 25-bps rate cut is priced in by the markets, attention will turn to Chair Powell’s remarks for signals on future easing.The Dollar Index can test the support near 96 before halting. The Euro and EURINR can rise towards 1.19-1.20 and 105 or higher in the near term. Read More
FOREX The Dollar Index is coming off as anticipated and can test our targets of 97-96 in the near term. The Euro and EURINR need to see a break above 1.18 and 104 to bring the 1.19 and 105 levels into picture. EURJPY and USDJPY can hold the immediate ranges of 172-174 and 149-146 respectively Read More
FOREX The Dollar Index can be vulnerable to fall towards 97 or even 96 while below 98. The Euro is moving higher within the 1.16-1.18 range. EURINR is stuck within the 103-104 range. EURJPY and USDJPY can hold the immediate ranges of 174-172 and 149-146 respectively in the near term. USDCNY needs to see a Read More
FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More
FOREX The Dollar Index failed to sustain its rise past 98 and while below it, the index can be vulnerable to fall towards 97 or even 96. The Euro is moving higher within the 1.16-1.18 range. EURINR is headed towards the resistance near 104. EURJPY and USDJPY can hold the immediate ranges of 172-174 and Read More
FOREX The Dollar Index can head towards 99-100 in the near term on a confirmed break above 98. The Euro and EURINR are moving within their respective ranges of 1.18-1.16 and 103.50-102.50. EURJPY needs to bounce from support at 172 to keep the 172-174 range intact, while USDJPY can trade within the 146-149 region. USDCNY Read More
FOREX The Dollar Index has bounced well from the low of 97.25. Still a break past 98 will be needed to open the doors for 99-100 in the near term. The Euro is coming off within its 1.18-1.16 range. EURINR has slipped below 103.50 and is back within its 103.50-10.250 range. EURJPY and USDJPY can Read More
FOREX The Dollar Index continues to fall further. A test to 97.00-96.50 looks likely to happen before bouncing back later. The Euro on a break past 1.18 can head towards 1.19 as well. Else can continue to trade within the 1.18-1.16 region. EURINR needs to see a sustained rise above current levels to head towards Read More