SGX Nifty Premarket

FOREX The FED kept rates unchanged as expected, and the ECB is also expected to keep rates unchanged today. The Dollar Index has dipped from 102.50, while the Euro has moved up from 1.1113. But overall, the Dollar strength and Euro weakness could resume in the medium term. Dollar-Yen and EURJPY could initially dip to Read More

FOREX The Dollar Index trades above 102, and the Euro weakens ahead of the FED (today) and ECB (tomorrow) policy meetings. The Fed is expected to keep rates unchanged. Dollar-Yen and EURJPY could rise to 158/159 and 177/178, respectively, while EURINR may trade between 105.70 and 107 with some chances of a dip to 105. Read More

FOREX Dollar Index has risen above 102 and the Euro is headed lower ahead of the FED and ECB policy meetings later this week. Dollar-Yen is sustaining the bounce and looks bullish towards 158, while EURJPY can rise to 177. EURINR can trade within 107-105.80 for the near term, while Pound can test 1.33 before Read More

FOREX The downside in the dollar index looks limited. We can expect it to go higher either from here itself or after some more dip. That in turn will keep the upside capped for the EURUSD and drag it lower in the coming days. Dollar-Yen is sustaining the bounce seen on Friday. A further rise Read More

FOREX Higher crude prices, rising inflation and concerns over the US-Israeli strikes on Iran are elevating global market risk, aiding alternative safe-haven currencies. The Dollar Index is expected to hold above 101.50 and recover toward 102+, while EURUSD may fall below 1.12. USDJPY tested 156.07 amongst global risk-off trades, but higher Japan CPI has led Read More

FOREX Higher crude prices, rising inflation and concerns over the US-Israeli strikes on Iran are elevating global market risk, aiding alternative safe-haven currencies. The Dollar Index is expected to hold above 101.50 and recover toward 102+, while EURUSD may fall below 1.12. USDJPY tested 156.07 amongst global risk-off trades, but higher Japan CPI has led Read More

FOREX The Dollar Index is expected to hold above 101.50 and recover toward 102+, while EURUSD may extend toward 1.1250–1.13 before its longer-term downtrend resumes. USDJPY is likely to consolidate within 157.50–159, while EURJPY faces key resistance at 178, with failure to break higher keeping it in a 176–178 range. EURINR is expected to trade Read More

FOREX Dollar index can rise towards 102 while Euro could see limited rise in the near term. USDJPY could rise towards 158/159 while EURJPY can dip to 177/176 while below 178. EURINR looks bearish towards 106/105 while below 107. USDCNY has declined sharply and could be headed lower towards 6.65. Aussie and Pound looks mildly Read More

FOREX The Dollar Index has fallen below 102 after the absence of a hawkish signal from Kevin Warsh’s speech on Friday and could extend its decline towards 101.25-101.00, while the Euro may rise towards 1.13 before the broader downtrend resumes. USDJPY could consolidate within 157-159, and EURJPY may decline towards 176 while below 178. EURINR Read More

FOREX The Dollar Index has fallen below 102 after the absence of a hawkish signal from Kevin Warsh’s speech on Friday and could extend its decline towards 101.25-101.00, while the Euro may rise towards 1.13 before the broader downtrend resumes. USDJPY could consolidate within 157-159, and EURJPY may decline towards 176 while below 178. EURINR Read More