FOREX With the US markets closed yesterday, there have been little movements in global currencies as most of them remain ranged. Optimism around the peace deal between the US and Iran has triggered near term strength in major currencies against the US Dollar. The Dollar Index may dip towards 98.50/98 or lower in the near Read More
SGX Nifty Premarket
FOREX The Dollar Index has dipped on comments from Trump that the US-Iran deal is close to signing an agreement which could favor most other currencies today against the Dollar. Euro, Aussie, Pound, Yuan and Rupee could face some strength in the near term towards 1.17/1.18, 0.7250/0.73, 1.36/37 and 6.76/75 respectively while USDJPY may trade Read More
FOREX The Dollar Index holds strong above 99, pulling back Euro towards 1.16. A dip below 1.16 would open door for further fall to 1.1550. USDJPY may rise towards 160-160.50 where it can face rejection. Aussie and Pound can trade within 0.71-0.7250 and 1.35-1.33 regions respectively. The EURJPY can trade within the 185-184 region for Read More
FOREX The Dollar Index holds strong above 99, pulling back Euro towards 1.16. A dip below 1.16 would open door for further fall to 1.1550. USDJPY may rise towards 160-160.50 where it can face rejection. Aussie and Pound can trade within 0.71-0.7250 and 1.35-1.33 regions respectively. The EURJPY can trade within the 185-184 region for Read More
FOREX Most currencies look ranged within specific levels. The Dollar Index and Euro are likely to trade within 99.50-98.50 and 1.17-1.1550 region while USDJPY may face rejection near 160-160.50 and dip back towards 159/158. Aussie and Pound can trade within 0.71-0.7250 and 1.35-1.33 regions respectively. The EURJPY can trade within the 185-184 region. EURINR is Read More
FOREX The Dollar Index has rebounded yet again, moving above 99.00 and dragging the Euro below 1.16. USDJPY can attempt to test 160-161 before a reversal is seen from there. For now, the view is bullish above 158. Aussie and Pound have declined back after a brief bounce seen earlier. Both currencies are headed towards Read More
FOREX Fresh hopes from the US-Iran negotiations have brought down the Dollar Index, which could now target 98.50/98 while below 99. The Euro could trade within its earlier range of 1.16-1.1750. USDJPY is almost near 159, and a break higher would take it towards 160-161 soon. Aussie and Pound have risen back well, and if Read More
FOREX Strong Dollar Index suggests a possible rise to 100-101 while Euro would test 1.16 and a break lower could trigger a decline towards 1.15/1.14. USDJPY is almost near 159 and a break higher would take it towards 160-161 soon. Aussie and Pound have declined well on strong Dollar and could be headed towards 0.71/70 Read More
FOREX Strong US Retail Sales and the taking over of Kevin Warsh as the new FED chair. Has boosted the Dollar Index for a sharp rise beyond 98.60 and led the Euro to decline below 1.17, contrary to our expectations. USDJPY has also rallied well and could head towards 159-160.50 soon, while the Aussie and Read More
FOREX Strong US Retail Sales and the taking over of Kevin Warsh as the new FED chair. Has boosted the Dollar Index for a sharp rise beyond 98.60 and led the Euro to decline below 1.17, contrary to our expectations. USDJPY has also rallied well and could head towards 159-160.50 soon, while the Aussie and Read More