SGX Nifty Premarket

FOREX The US Dollar shot up after the higher US CPI release and continues to trade higher with the Euro trading just anbove 1.07 post the ECB meeting yesterday where the central bank kept rates unchanged but remained cautious and optimistic for a rate cut in June. EURJPY could test 163.50-163 before bouncing back to Read More

FOREX The Dollar Index might get support at 103.50 while Euro could face resistance near 1.09. Aussie, Pound and EURJPY has potential to rise towards their key resistance in the near term. USDCNY and USDJPY have resistance overhead which may keep them ranged for a while. EURINR looks ranged bound. USDINR may attempt to fall Read More

FOREX The Dollar Index might get support at 103.50 while Euro could face resistance near 1.09. Aussie, Pound and EURJPY has potential to rise towards their key resistance in the near term. USDCNY and USDJPY have resistance overhead which may keep them ranged for a while. EURINR looks ranged bound. USDINR may attempt to fall Read More

FOREX The Dollar Index rose to 104.70 and Euro fell to 1.0791 post NFP data on Friday but have recovered from there. EURJPY is moving up towards 164/165 again while USDJPY can be ranged while below 152. Aussie and Pound continue to move within 0.65-0.6650 and 1.25-1.27 region while USDCNY is closed for the day. Read More

FOREX The Dollar Index rose to 104.70 and Euro fell to 1.0791 post NFP data on Friday but have recovered from there. EURJPY is moving up towards 164/165 again while USDJPY can be ranged while below 152. Aussie and Pound continue to move within 0.65-0.6650 and 1.25-1.27 region while USDCNY is closed for the day. Read More

FOREX The Dollar Index has bounced back from 103.91 while the Euro has held well below 1.09. US NFP data release is crucial today and could keep the volatility in major currencies intact within the broad near-term range. EURJPY held below 165 while USDJPY can be ranged within 152-150. Aussie and Pound continue to move Read More

FOREX The Dollar Index has bounced back from 103.91 while the Euro has held well below 1.09. US NFP data release is crucial today and could keep the volatility in major currencies intact within the broad near-term range. EURJPY held below 165 while USDJPY can be ranged within 152-150. Aussie and Pound continue to move Read More

FOREX The Dollar Index fell as expected and is likely to test 104 while Euro shot up above our expected level of 1.08 and could further test 1.09 before possibly halting. USDJPY continues to remain stable within the 151–152 region, EURJPY is headed towards 165-166 on the upside. Aussie and Pound need to be cautious Read More

FOREX The Dollar Index has dipped below 105 and could further extend its fall towards 104.5/104 before attempting to rise back. Watch US ADP Unemployment data release today. Meanwhile, Euro has recovered a bit, but an interim resistance can be spotted near 1.08 below which there is a possibility of the pair coming down towards Read More

FOREX The Dollar has gained strength against the other currencies after Jerome Powell said that they are in no rush to cut interest rates. This led to the Dollar Index rising sharply past 105 heading towards 105.50-106 and the Euro falling towards 1.07 on the downside. USDJPY continues to remain stable within the 151–152 region, Read More