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
SGX Nifty Premarket
FOREX The Dollar Index looks stable above 104 but failure to break past 104.5 can bring it down eventually. On the other hand, the Euro is expected to test the support around 1.08 before bouncing back. USDJPY and EURJPY are declining as expected. Aussie and Pound remain flat. USDCNY seems to be holding well below Read More
FOREX The Dollar Index looks stable above 104 but failure to break past 104.5 can bring it down eventually. On the other hand, the Euro is expected to test the support around 1.08 before bouncing back. USDJPY and EURJPY are declining as expected. Aussie and Pound remain flat. USDCNY seems to be holding well below Read More
FOREX The Dollar Index looks stable above 104 but failure to break past 104.5 can bring it down eventually. On the other hand, the Euro is expected to test the support around 1.08 before bouncing back. USDJPY and EURJPY are declining as expected. Aussie and Pound remain flat. USDCNY seems to be holding well below Read More
FOREX The Dollar Index looks stable above 104 but failure to break past 104.5 can bring it down eventually. On the other hand, the Euro is expected to test the support around 1.08 before bouncing back. USDJPY and EURJPY are declining as expected. Aussie and Pound remain flat. USDCNY seems to be holding well below Read More
FOREX Dollar Index trades higher along with a weaker Yen on concerns of intervention from the BOJ. Japan’s finance minister said has said that he would not rule out any measures to cope with the weakening currency. USDJPY is almost at the 152 barrier and a break or dip from here would be crucial driver Read More
FOREX Sharp movement seen last week saw some recovery yesterday in the global trade giving some relief to the markets. Euro has bounced from support at 1.08, Dollar Index has come down from 104.50 seeing some profit taking, EURJPY and USDJPY are holding well below resistances of 165.50 and 152 while Aussie and Pound have Read More
FOREX Surprise rate cut (25bps) by the Swiss National Bank (SNB) yesterday led to major volatility in the forex markets as major currencies plunge against the US Dollar. Dollar Index is rising towards 104.30/50 while Euro could test support at 1.08. USDJPY has risen to trade below crucial long term resistance at 152, a break Read More
FOREX Surprise rate cut (25bps) by the Swiss National Bank (SNB) yesterday led to major volatility in the forex markets as major currencies plunge against the US Dollar. Dollar Index is rising towards 104.30/50 while Euro could test support at 1.08. USDJPY has risen to trade below crucial long term resistance at 152, a break Read More
FOREX Surprise rate cut (25bps) by the Swiss National Bank (SNB) yesterday led to major volatility in the forex markets as major currencies plunge against the US Dollar. Dollar Index is rising towards 104.30/50 while Euro could test support at 1.08. USDJPY has risen to trade below crucial long term resistance at 152, a break Read More