SGX Nifty Premarket

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The Dollar Index can remain stable within 101.50-100.20 for now. Watch US ISM Manufacturing data release scheduled today. The Euro, while below 1.12 can trade within 1.12-1.11 for now. USDJPY and EURJPY seem to be rising well but could soon face near term resistance which could limit the upside. The Aussie needs to rise Read More

FOREX The lower US PCE and Personal income took the Dollar Index to the low of 100.15 before recovering a bit from there. An immediate range of 101.50-100.20 can hold for some time. The Euro, while below 1.12 can fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY remained volatile due to the Presidential Read More

FOREX The Dollar Index is trading within the immediate range of 100.25-101.50/75 which can hold for a while. Watch US PCE and Personal income data release scheduled today. Euro is trading higher within the range of 1.11-1.12, but can extend the fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY need to see a Read More

FOREX The Dollar Index is trading within the immediate range of 100.25-101.50/75 which can hold for a while. Watch US PCE and Personal income data release scheduled today. Euro is trading higher within the range of 1.11-1.12, but can extend the fall towards 1.1050-1.10 in the medium term. USDJPY and EURJPY need to see a Read More

FOREX The Dollar Index saw some relief yesterday as the US New Home Sales data came out stronger at 716K than expected at 693K. Still, a strong break past 102 will be needed to make the outlook bullish. Else the current rise could be short-lived to 101.50-102. Euro is holding well below 1.12 for now Read More

FOREX The Dollar Index fell sharply below the support of 100.50 after the weaker US Consumer Confidence release at 98.70. Needs to see whether the rise further gets extended to 99.50 or gets halted near the current levels. Watch out for the US New Home sales release today. Euro is nearing the immediate resistance at Read More

FOREX The Dollar index gained strength, and Euro came down after the weaker business activity reports in the euro zone economy. The index needs to see a rise past 101 to turn bullish towards 102 in the coming sessions, while Euro can trade within 1.1070-1.12. USDJPY and EURJPY are coming off contrary to our view Read More

FOREX The Dollar index needs to see a rise past 101 to turn bullish towards 102 in the coming sessions while Euro can trade within 1.1060-1.12. USDJPY and EURJPY can test 145/146 and 162 in the near term. Aussie needs to see a rise past 0.6850, else may fall back towards 0.67/66. The pound could Read More

FOREX Initial advances seen in the Dollar after the FOMC rate cut were limited as the index fell back to 100.50. It could test 100.50-99.50 before bouncing back. Euro could trade within 1.1060-1.12 for now and delay our expected fall to 1.10-1.0950. USDJPY and EURJPY could not break above 144 and 160 respectively and have Read More