FOREX A major selloff was witnessed yesterday in the US Stocks, Bonds, which in turn weakened Dollar. The Dollar Index slipped to the low of 99.70 yesterday. Currently it has recovered a bit but still looks vulnerable to fall to 98. The Index will have to sustain above 100 and rise higher to negate the Read More
SGX Nifty Premarket
FOREX A major selloff was witnessed yesterday in the US Stocks, Bonds, which in turn weakened Dollar. The Dollar Index slipped to the low of 99.70 yesterday. Currently it has recovered a bit but still looks vulnerable to fall to 98. The Index will have to sustain above 100 and rise higher to negate the Read More
FOREX The U.S. announced 104% duties on Chinese imports, set to take effect shortly after midnight. The Dollar Index on confirmed break below 102 can turn bearish to 101-100. The Euro above 1.09/085 can attempt to rise back towards 1.11-1.12. EURINR has risen past 95 and if sustained, can head towards 96-97. USDJPY and EURJPY Read More
FOREX The U.S. announced 104% duties on Chinese imports, set to take effect shortly after midnight. The Dollar Index on confirmed break below 102 can turn bearish to 101-100. The Euro above 1.09/085 can attempt to rise back towards 1.11-1.12. EURINR has risen past 95 and if sustained, can head towards 96-97. USDJPY and EURJPY Read More
FOREX The Dollar Index is coming off from the level of 103.5. A confirmed break below 102 can make it bearish to 101-100. The Euro above 1.09/085 can attempt to rise back towards 1.11-1.12. EURINR is trading higher within its range of 93-95. USDJPY and EURJPY can trade within 148-144 and 160-164 region respectively. AUDUSD Read More
FOREX Fed Chair Powell on Friday said the economic impact of new tariffs is likely to be significantly larger than expected but they are well-positioned to wait to consider adjustments to monetary policy. The Dollar Index while above 102, can head towards 104 in the near term. The Euro on the other hand is coming Read More
FOREX The tariffs concerns kept the markets volatile yesterday as well. The Dollar Index extended the fall to 101.26 before recovering from there. While the support near 101 holds, the index can rise higher. Euro surged to the level of 1.1146 before cooling down. Immediate resistance is coming at 1.12, below which a fall to Read More
FOREX The tariffs concerns kept the markets volatile yesterday as well. The Dollar Index extended the fall to 101.26 before recovering from there. While the support near 101 holds, the index can rise higher. Euro surged to the level of 1.1146 before cooling down. Immediate resistance is coming at 1.12, below which a fall to Read More
FOREX Major currency pairs witnessed volatile movements yesterday. The news came in that President Donald Trump has announced 10% tariffs across all imports and higher duties on some of the U.S.’s biggest trading partners. The Dollar Index slipped below 103.75 and now looks bearish to 102-101. On the other hand, Euro has surged past 1.09 Read More
FOREX The Dollar Index and Euro are trading between 103.75-104.75 and 1.0850-1.0750/30 region respectively. Still, the Index looks bearish to 103-102, while it trades below 105. EURINR needs to sustain above 92.50 and rise past 93, else can fall back towards 92.0-91.5. USDJPY above 149 can attempt to rise back towards 151. EURJPY is trading Read More