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
SGX Nifty Premarket
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
FOREX US GDP growth in Q2 has reduced the earlier doubts of a possible recession in the US, taking the Dollar higher towards 102. This combined with a 25bps rate hike from the European Central Bank and indication of a 50-50 chances of rate hike in September-23 has taken Euro sharply down below 1.10. However, Read More
FOREX US GDP growth in Q2 has reduced the earlier doubts of a possible recession in the US, taking the Dollar higher towards 102. This combined with a 25bps rate hike from the European Central Bank and indication of a 50-50 chances of rate hike in September-23 has taken Euro sharply down below 1.10. However, Read More
FOREX FED raised rates by 25bps, in line with the market expectation. It has hinted at a 50-50 chance of either keeping the rate stable or going with another 25bps hike in its Sep-23 meeting after looking at the data releases. The FED officials are no more looking at a recession and state a “moderate Read More