SGX Nifty Premarket

FOREX The Dollar Index fell to 99.21 after a federal court reinstated most tariffs. For now, while below 101-100, a fall to 98-96 looks likely to happen. The Euro has risen past 1.13 again and if sustained can head towards 1.15-1.16 levels. EURINR needs to break past 97 to head towards 98-99 levels. Till then, Read More

FOREX The Court of International Trade on Wednesday blocked President Donald Trump’s tariffs from going into effect. As a result, The Dollar Index rose to 100.54, and the Euro slipped to 1.1210. A decisive break above 100.50 could lift the Index to 101-102. The Euro may fall to 1.11-1.10 if it breaks below 1.12. Immediate Read More

FOREX The Dollar Index gained strength after the stronger US Consumer Confidence release at 98. Still, while below 101 the targets of 98-96 are kept open. EURUSD has declined a bit but we retain our bullish view while it trades above 1.1300-1.1270. EURINR is moving within a narrow range of 97.50-96.50. EURJPY can broadly remain Read More

FOREX The Dollar Index and EURUSD can head towards 98-96 and 1.15-1.16 respectively. EURINR has interim resistance at 97.50, break past which will be needed to rise further. Else, the cross can fall back towards 96.50-96.00. EURJPY can broadly remain within the 165-160 region. USDJPY can extend the fall to 142-140 in the coming sessions. Read More

FOREX U.S. President Donald Trump once again ratcheted up his trade war by stating that the European Union be hit with 50% tariffs but extended the deadline to July 9 from June 1. The Dollar Index can fall towards 98-96, while the Euro can rise towards 1.15-1.16. EURINR has interim resistance at 97.50, need to Read More

FOREX The Dollar Index has immediate upside capped at 101 and below it that view remains intact to see a fall towards 98-96. The Euro can head towards 1.15-1.16, while it trades above 1.12. EURINR has interim resistance at 97.50, need to see whether it holds or continue the rise further. EURJPY on a break Read More

FOREX The Dollar Index has immediate upside capped at 101 and below it that view remains intact to see a fall towards 98-96. The Euro can head towards 1.15-1.16, while it trades above 1.12. EURINR has interim resistance at 97.50, need to see whether it holds or continue the rise further. EURJPY on a break Read More

FOREX The Dollar Index and Euro can head towards 98-96 and 1.14-1.15 respectively in the near term. EURINR is rising as anticipated and the targets of 97-98 can be achieved in the near term. EURJPY on a break below 162 can test 160 on the downside. Overall, it can broadly remain ranged within 165-160 region. Read More

FOREX The Dollar Index has slipped below 100 and the Euro has risen past 1.13. The index can now extend the fall towards 98-96, while Euro can head towards 1.14/15 if the ongoing movement sustains in both. EURINR is rising as anticipated and the targets of 97-98 can be achieved in the near term. EURJPY Read More

FOREX The Dollar Index and the Euro continues to hold their respective ranges of 102-100 and 1.11-1.13. A break below 100 in index can drag it further to 98-96, while Euro can head towards 1.14 and higher on a break past 1.13. EURINR above 95 has a scope to rise back towards 97-98. EURJPY and Read More