FOREX The Dollar Index is trading near the 98 level, any break below which if seen can drag it to 97-96 as well. The Euro has a scope to rise towards 1.18 while above 1.16. EURINR needs to rise past 102.50 to bring 103-104 into picture. EURJPY & USDJPY needs to break past 172.20 and Read More
SGX Nifty Premarket
FOREX Donald Trump has announced an additional 25% tariff on India, bringing the total tariff rate to 50%. The Dollar Index is trading lower within the 100-98 range. Any break below 98 can drag it to 97-96. The Euro has risen past 1.16 and if sustained, can head towards 1.17/18 as well. EURINR and EURJPY Read More
FOREX The Dollar Index has remained stable since the last few sessions. The view remains intact to see a rise towards 101, while above 98/97. The Euro and EURINR can trade within 1.18-1.14 and 102-100/99 regions respectively. EURJPY has limited upside to 172. The target of 168 is kept open for now. USDJPY above 146 Read More
FOREX Dollar Index has a scope to rise back towards 100-101 while it trades above 98/97. The Euro and EURINR have immediate resistance at 1.16 and 102 respectively. While it holds, both can trade within 1.18-1.14 and 102-100/99 regions respectively. EURJPY if slips below 170, can get dragged towards the deeper support at 168. USDJPY Read More
FOREX Weaker NFP, new tariffs by Trump on various countries and firing of Labor Statistics Commissioner Erika McEntarfer led the Dollar Index to fall sharply to 98.60. Currently it is holding well above 98 and if sustained, can head back towards 100-101 as well. The Euro and EURINR can trade within 1.18-1.14 and 102-100/99 regions Read More
FOREX Donald Trump has announced new tariffs on 69 countries, set to go into effect on 07-Aug. As a result, the Dollar Index has moved up further and can head towards 101 soon. The Euro and EURINR are looking bearish towards 1.13 and 99 respectively. EURJPY bounced from 169.74 itself and if sustained, can test Read More
FOREX Donald Trump has announced new tariffs on 69 countries, set to go into effect on 07-Aug. As a result, the Dollar Index has moved up further and can head towards 101 soon. The Euro and EURINR are looking bearish towards 1.13 and 99 respectively. EURJPY bounced from 169.74 itself and if sustained, can test Read More
FOREX The FOMC kept the interest rates unchanged at 4.50%. The Dollar Index has finally risen past 99 and if sustained, can extend the rise to 101 in the coming sessions. The Euro and EURINR are looking bearish towards 1.14-1.13 and 99 respectively. EURJPY has slipped below 171 and failure to see a bounce back Read More
FOREX The US FOMC is scheduled today and even though the Fed is widely expected to keep interest rates unchanged, focus will be on any hints of rate cuts in the coming months. Dollar Index failed in its attempt to see a sustained rise past 99 and started declining from 99.14 itself. Currently, it is Read More
FOREX The US and EU Commission made a trade agreement with an unbalanced deal that slapped a headline 15% tariff on EU goods. The Dollar Index is rising within its 96-99 range and a confirmed break past 99 can take it towards 101. The Euro has fallen below 1.16 and can test 1.15-1.14 if the Read More