FOREX Dollar Index failed to sustain its rise as Trump agreed to pause the tariffs on Mexico and Canada for a month. Still, while above 108, rise to 110-111 is not fully ruled out. Euro has risen past 1.03 but could face rejection from 1.04. EURINR can trade within broad range of 89/88-91, until a Read More
SGX Nifty Premarket
FOREX U.S. President Donald Trump imposed new tariffs on Canada, Mexico, and China effective from Tuesday, levy 25% on Canadian and Mexican imports, with a 10% rate on Canadian energy products and Chinese goods. This led to Dollar Index strengthening past 109 and Euro to break below 1.03. Now, if the index rises further, can Read More
FOREX The Dollar Index gained strength post the ECB rate cut, but whether it extends further towards 109 or not can be determined after the US PCE & Personal income scheduled today. Euro has slipped below 1.04 and failure to rise back above it can make the pair vulnerable to test 1.0350-1.0300 on the downside. Read More
FOREX The Dollar Index gained strength post the ECB rate cut, but whether it extends further towards 109 or not can be determined after the US PCE & Personal income scheduled today. Euro has slipped below 1.04 and failure to rise back above it can make the pair vulnerable to test 1.0350-1.0300 on the downside. Read More
FOREX The downside targets of 106.00-105.50 are kept alive in Dollar Index but that will require Euro to bounce back from 1.04 after the expected rate cut by ECB. We will have to watch out on that today. EURINR can trade within 91-90 region for a while. USDJPY has broken below 155 and if sustained, Read More
FOREX Watch out for the BOC and FOMC scheduled today and ECB tomorrow. The Dollar Index at the moment appears uncertain on whether it will head towards 109 and higher or it will test deeper support around 106.00-105.50. The FOMC can shed some light on where the index might be headed. The Euro have fallen Read More
FOREX The Dollar Index remains volatile ahead of the FOMC, ECB and the Tariffs speculations. At the moment index appears uncertain on whether it will head towards 109 and higher or it will test deeper support around 106.00-105.50. The Euro have fallen a bit but above 1.04, it can attempt to rise back. Only a Read More
FOREX The Dollar Index could have some scope to test deeper support around 106.00-105.50 region while below 108-107.75. The Euro can gradually head towards 1.0550-1.06 in the near term while above 1.0450 . EURINR can rise towards 91 soon. USDJPY is stuck within 155-157 range. AUDUSD could dip to 0.6250 while Pound trades above 1.24 Read More
FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More
FOREX The Dollar Index is nearing the support around 107.75 region, need to see whether it holds and bounces back again or extends the fall further. The Euro on a sustained rise past 1.0450 can head towards 1.05 or higher. EURINR if sustained can rise towards 91 in the near term. BOJ is scheduled today. Read More