SGX Nifty Premarket

FOREX The Dollar Index has dipped from 104 itself, contrary to our expectations of seeing a rise to 104.5 while Euro has risen sharply above 1.08, keeping the view bullish to 1.09-1.0950. EURJPY could soon test 164-165. USDJPY continues to remain stable above 150 but is likely to move towards 151 before declining. USDCNY remained Read More

FOREX The Dollar Index is attempting to rise back towards the upper end of its range of 103.50-104.50 while Euro can dip to 1.08/1.0775 before bouncing back sharply. EURJPY can slowly target 164-165 while above 162. USDJPY is expected to move towards 151 before pausing. USDCNY continues to remain volatile within 7.18-7.20 region. Aussie is Read More

FOREX Markets have been volatile over yesterday and today. The Dollar Index surged post mixed economic data releases yesterday (stronger weekly jobless claims and stronger labor market figures but mixed S&P PMIs) but fell back in overnight trade leading to volatility in the other currencies against the Dollar. Euro tested 1.0888 before coming down but Read More

FOREX Markets have been volatile over yesterday and today. The Dollar Index surged post mixed economic data releases yesterday (stronger weekly jobless claims and stronger labor market figures but mixed S&P PMIs) but fell back in overnight trade leading to volatility in the other currencies against the Dollar. Euro tested 1.0888 before coming down but Read More

FOREX The Dollar Index could fall towards 103.50-103 if it manages to sustain break below 104 leading to a sharp rise in Euro towards 1.0850-1.09. EURJPY and USDJPY are expected to move towards 164 and 151 respectively before pausing. USDCNY had dipped slightly below its immediate range of 7.20-7.18 but has now risen back. Aussie Read More

FOREX Most currencies look strong on a weak US Dollar. The Dollar Index fell ahead of the FED Jan24 meeting minutes to be released today. Although the immediate range of 104-105 is holding for now, chances of heading towards 103 also look high in the medium term. Euro could trade within 1.0850-1.07 and can be Read More

FOREX The Dollar Index is headed towards the upper end of its range of 104-105 while Euro has held below 1.08 and is coming down within the 1.08-1.07 range. EURJPY is holding well below its resistance of 162 and could see a near term fall to 161 soon. While USDJPY is moving towards the upper Read More

FOREX The Dollar Index could move within the range of 105-104 for some time before eventually breaking lower. Meanwhile, Euro is rising well but needs to break past 1.08 to further test 1.085 on the upside. EURJPY is hovering below its resistance of 162 and USDJPY continues to move within the range of 151-149. USDCNY Read More

FOREX Most currencies remain within a range and continue so for the next few sessions. The Dollar Index can trade within 105-104 region while Euro could trade within 1.07-1.08/1.0850. EURJPY and USDJPY look bullish to 162 and 151 respectively from where a rejection is possible in the medium term. Aussie can trade within 0.6550-0.64 while Read More

FOREX Most currencies remain within a range and continue so for the next few sessions. The Dollar Index can trade within 105-104 region while Euro could trade within 1.07-1.08/1.0850. EURJPY and USDJPY look bullish to 162 and 151 respectively from where a rejection is possible in the medium term. Aussie can trade within 0.6550-0.64 while Read More