SGX Nifty Premarket

FOREX Dollar Index has risen past 108 after the news came out that Trump was set to impose new 25% tariffs on all steel and aluminium imports. While above 107.70/50, rise can get extended towards 109 as well. Euro is headed towards the immediate support around 1.0300-1.0250. EURINR is falling within its broad range of Read More

FOREX Dollar Index after testing 108 on the upside, is back near its immediate support around 107.70 region. A strong immediate rise past 108 will be needed to rise further. Else break below 107 can be bearish for it. Euro below 1.04 can be vulnerable to test support around 1.03 region. EURINR is back within Read More

FOREX Dollar Index after testing 108 on the upside, is back near its immediate support around 107.70 region. A strong immediate rise past 108 will be needed to rise further. Else break below 107 can be bearish for it. Euro below 1.04 can be vulnerable to test support around 1.03 region. EURINR is back within Read More

FOREX Dollar Index for now is holding well above immediate support around current levels and if sustained, can bounce back towards 108 or higher. Only a break below 107 can make it further bearish towards 106.00-105.50 in the near term. Euro needs to rise past 1.0450 to head towards 1.05 or 1.06. Else, can be Read More

FOREX China on Tuesday slapped tariffs on U.S. imports, which led to Dollar Index slipping below 108. Immediate support at 107.75, above which bias remains positive for a bounce back. Euro is headed towards the resistance at 1.04. EURINR is trading near the upper end of its broad range of 89/88-91. USDJPY has been coming Read More

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

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