SGX Nifty Premarket

FOREX Two crucial data watch today: RBI monetary policy statement and US CPI. The Dollar Index holds steady within 101.75-102.85/103 region while Euro may trade within 1.1020-1.0910. Pound and Aussie continue to trade within 1.26-1.28 and 0.65-0.66 region. USDJPY is moving up towards 144 while EURJPY can face resistance near 158. USDCNY has dipped a Read More

FOREX On Monday (7th August), FED Governor Michele Bowman said that additional interest rate hikes will likely be needed to lower inflation to the 2% target of the central bank while Philadelphia Fed President Patrick Harker said yesterday that the central bank could be at a position to hold rates steady in absence of any Read More

FOREX Dollar Index may hold above 101.75 and move up towards 102.50 or slightly higher while Euro could trade within 1.0940-1.1020. Pound has moved up to the upper end of the 1.26-1.28 range and needs to see if it falls back or attempts to move higher. Aussie can fall back to 0.65 while below 0.66. Read More

FOREX Dollar Index may hold above 101.75 and move up towards 102.50 or slightly higher while Euro could fall from immediate resistance near 1.1020 and fall towards 1.0940. Pound could trade within 1.26-1.28 while Aussie can rise towards 0.6650 while above 0.65. USDCNY can test 7.20 and a break higher will take it up further Read More

FOREX Dollar Index has dipped slightly but may move up again if we see a better NFP data release today. Euro has moved up but can trade below 1.10 for a while. Pound and Aussie are holding above 1.26 and 0.65 for now and could lead to a short rise in the next few sessions. Read More

FOREX Dollar Index has dipped slightly but may move up again if we see a better NFP data release today. Euro has moved up but can trade below 1.10 for a while. Pound and Aussie are holding above 1.26 and 0.65 for now and could lead to a short rise in the next few sessions. Read More

FOREX Dollar Index trades higher and failure to fall from 102.80 immediately can take it up towards 103-103.50/80 and drag down Euro to 1.0850. For now Euro is likely to hold above 1.09. Pound could hold above 1.2675 while Aussie could fall towards 0.65/64. USDCNY can trade within 7.12-7.18/20 while USDRUB looks bullish for a Read More

FOREX Dollar Index trades higher and failure to fall from 102.50 can take it up towards 103-103.50 and drag down Euro to 1.09. Pound and Aussie could fall further breaking below supports at 1.27 and 0.66 respectively and target 1.26 and 0.65 on the downside. USDCNY can trade within 7.12-7.18/20 while USDRUB looks bullish for Read More

FOREX Dollar Index trades higher and may continue to rise towards 102.50 before coming off while Euro can also fall to 1.0950-1.09 before reversing higher. Aussie can test 0.6650-0.66 while and Pound can test 1.2730-1.27 before moving up again contrary to our expectation of seeing an upmove. USDCNY can trade within 7.12-7.18/20 while USDRUB has Read More

FOREX Dollar Index trades higher and may continue to rise towards 102-102.50 before coming off and to that extent, Euro can also fall to 1.0950-1.09 before reversing higher. Aussie can rise to 0.67 or higher while and Pound can rise to 1.29 which if holds can take Pound back towards 1.28/27. However, a break above Read More