FOREX Escalation of tensions in the middle east has spurred rise in the Dollar Index leading to weakness in most other currencies against the US Dollar. Dollar Index trades higher today and a sustained break above 99.50 will take it to 100-100.50 while Euro can decline below 1.1575 if such a rise in the Dollar Read More
SGX Nifty Premarket
FOREX Most currencies seem to have gone into a sideways consolidation within specific ranges which may continue for the rest of the week. Dollar Index and Euro can trade within 99.50-98.50 and 1.1670-1.1580 respectively while EURINR could rise to 111.50 while above 110.35. EURJPY and USDJPY could trade within 185.50-185 and 159.50-160.50 respectively while USDCNY Read More
FOREX News that Iran is halting talks with the US and threatens to fully close the Strait of Hormuz is likely to weigh on the currency markets today. Dollar Index has bounced above 99, while the Euro seems to be stuck in the 1.1580-1.1680 region. EURINR may limit its dip to 110.35 and move up Read More
FOREX Most currencies may remain stable for the near term with a few of them likely to strengthen against the Dollar. The Dollar Index can trade between 98.80-99.50 while Euro is likely to remain stuck in the 1.16-1.17 region. EURINR is falling towards 110-109.90 while EURJPY and USDJPY look bullish for the near term towards Read More
FOREX Optimism around a 60-day ceasefire extension agreement between US and Iran is keeping Dollar Index slightly lower but still within the broad 98.90-99.55 range. Euro remains stuck within 1.1670-1.1580 while EURINR has scope for a rise to 112-112.50 before facing a rejection towards 110.5-110. EURJPY and USDJPY look bullish for the near term towards Read More
FOREX Optimism around a 60-day ceasefire extension agreement between US and Iran is keeping Dollar Index slightly lower but still within the broad 98.90-99.55 range. Euro remains stuck within 1.1670-1.1580 while EURINR has scope for a rise to 112-112.50 before facing a rejection towards 110.5-110. EURJPY and USDJPY look bullish for the near term towards Read More
FOREX Amidst the peace deal talks, Iran seems to be stuck on some key issues before arriving at a final agreement. This is keeping the Dollar Index strong above 99, preventing too much of optimism from seeping into the currency prices at the moment. In such a scenario, the Dollar Index can remain stable above Read More
FOREX Amidst the peace deal talks, Iran seems to be stuck on some key issues before arriving at a final agreement. This is keeping the Dollar Index strong above 99, preventing too much of optimism from seeping into the currency prices at the moment. In such a scenario, the Dollar Index can remain stable above Read More
FOREX With the US markets closed yesterday, there have been little movements in global currencies as most of them remain ranged. Optimism around the peace deal between the US and Iran has triggered near term strength in major currencies against the US Dollar. The Dollar Index may dip towards 98.50/98 or lower in the near Read More
FOREX The Dollar Index has dipped on comments from Trump that the US-Iran deal is close to signing an agreement which could favor most other currencies today against the Dollar. Euro, Aussie, Pound, Yuan and Rupee could face some strength in the near term towards 1.17/1.18, 0.7250/0.73, 1.36/37 and 6.76/75 respectively while USDJPY may trade Read More