FOREX The Dollar Index is trading within a narrow range of 99-100. Need to see a break on either side for further clarity. The Euro and EURINR can witness a fall back to 1.12-1.11 and 96.0-95.5 respectively before attempting to rise back. EURJPY is holding the range of 160-164 for now. USDJPY can have downside Read More
SGX Nifty Premarket
FOREX The Dollar Index needs to rise past 100 to head towards 101-101.50. We retain our view that the Euro and EURINR can witness a fall back to 1.12-1.11 and 96.0-95.5 respectively. EURJPY is trading lower within its 164-160 range. USDJPY if fails to rise past 144, can be vulnerable to initially test 140 in Read More
FOREX The Dollar Index on a rise past 100 can head to 101-101.50. The Euro and EURINR tested 1.1474 and 98.77 as expected and now can witness a fall back to 1.12-1.11 and 96.0-95.5 respectively. EURJPY is stuck within 160-164 range. USDJPY needs to rise past 144 to negate the fall to140 in the near Read More
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 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 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