SGX Nifty Premarket

FOREX The dollar Index broke above 105 and looks slightly bullish. The Fed minutes released on Wednesday highlighted concerns about inflation and uncertainty about when to ease rates. Members indicated a lack of confidence in moving forward with interest rate reductions, suggesting a more cautious approach to monetary policy. Euro tests support at 1.08 which Read More

FOREX Dollar Index needs to break past 105 to become bullish towards 106-106.50, while Euro is testing our target of 1.0820/1.08, from where a reversal towards 1.09 is likely. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY has risen sharply past 7.24 and can now head Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may test 1.0850-1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively while volatility remains low. USDCNY is unable to sustain its rise past 7.24 and has dipped slightly. Aussie has held the Read More

FOREX Dollar Index holds above 104 and could move up slowly to 105 while Euro may head towards 1.0820 before reversing towards 1.09. EURJPY and USDJPY continue to move up targeting 170 and 157/158 respectively. USDCNY is headed to 7.24, which if breaks would open door for a rise to 7.25. Aussie may rise if Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More

FOREX The sell-off in Dollar seen after the US CPI release has recovered partially. The US Initial Jobless claims came in lower at 222K (Prev 232K) while Industrial Production came out at a stable rate. The Dollar Index is headed towards 105 while the Euro can fall to 1.08 while respective support and resistance holds Read More

FOREX A sharp fall in the Dollar Index post US CPI and Retail sales data release yesterday has taken most currencies higher against the Dollar while USDJPY and EURJPY have declined sharply. The dollar Index could test 104-103 while Euro faces the first hurdle at 1.09 above which the view is bullish to 1.10. USDJPY Read More

FOREX The higher than anticipated US PPI release at 0.52 led to Dollar Index slipping below 105 and can now further test 104.5 as well. While Euro has risen above 1.08 but a decisive break past 1.085 will be needed to make the outlook bullish further. USDJPY and EURJPY are rising towards 157/158 and 170 Read More

FOREX The Dollar Index is holding well above 105 and can rise to 106 and Euro can fall to 1.07 while below resistance at 1.08. USDJPY and EURJPY have risen past 156 and 168 respectively and now if sustained, can extend towards 157/158 and 169/170 respectively in the coming sessions. USDCNY is headed towards 7.24. Read More