FOREX Some ranged movement is seen across most currencies. Dollar Index could be potentially bearish to 102-101.50 while below 104.50. Euro can test 1.0950-1.10 before reversing strongly from there. EURJPY can range within the broad 164-159 region while USDJPY can rise to 150 or slightly higher before falling to 148/147 again. Aussie and Pound look Read More
SGX Nifty Premarket
FOREX Some volatility was seen on the Dollar Index, Euro and USDJPY yesterday after the FOMC minutes was released but seems to have subdued impact on the markets. Sell off in Dollar Index triggered after the recent US inflation data release may continue to push the index down to 102 or lower while Euro can Read More
FOREX Currencies are trading strong against the falling Dollar which could continue for the rest of the month as Dollar Index heads towards 102.50-102. Euro needs to break above 1.10 to head higher. EURJPY and USDJPY can fall to 160 and 146/145 respectively while Aussie and Pound look bullish for a potential rise to 0.66/67 Read More
FOREX Dollar Index looks weak towards 103 while Euro may rise to 1.10 while above 1.09. EURJPY could see a small corrective fall to 161 before moving towards 165/166 in the medium term. USDJPY has broken below 150 and could head towards 148. A top seems to have been made at 152. Aussie needs to Read More
FOREX The Dollar Index holds above 104 and could show some stability before moving on either side while Euro also holds below 1.09, could range within 1.08-1.09 before attempting to move up. EURJPY could see a small corrective fall before moving towards 165/166. USDJPY holds above 150 and could trade within 152-150 for some time. Read More
FOREX The Dollar Index holds above 104 and could show some stability before moving on either side while Euro also holds below 1.09, could range within 1.08-1.09 before attempting to move up. EURJPY could see a small corrective fall before moving towards 165/166. USDJPY holds above 150 and could trade within 152-150 for some time. Read More
FOREX The Markets see a corrective movement after the sharp volatility that seeped in after the US CPI data released earlier this week. The Dollar Index holds above 104 and can test 105-105.50 while Euro has fallen from 1.09 and could test 1.08/1.0750 soon. EURJPY continues to remain bullish towards 165/166. USDJPY holds above 150 Read More
FOREX US CPI data came in softer than expected, surprising the markets and leading to sharp depreciation in the Dollar Index against major currency basket. The Dollar Index and Euro may extend to 103 and 1.0950 if current momentum is intact else may face reversal over the next few sessions. EURJPY continues to remain bullish Read More
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07 before a reversal is seen. EURJPY needs to sustain a rise above 162 to head towards 163/165 while USDJPY is also headed towards crucial resistance at 152, a break above which if seen will be surprisingly bullish else can see an Read More
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07 before a reversal is seen. EURJPY needs to sustain a rise above 162 to head towards 163/165 while USDJPY is also headed towards crucial resistance at 152, a break above which if seen will be surprisingly bullish else can see an Read More