FOREX US CPI data came in softer than expected, surprising the markets and leading to sharp depreciation in the Dollar Index against major currency basket. The Dollar Index and Euro may extend to 103 and 1.0950 if current momentum is intact else may face reversal over the next few sessions. EURJPY continues to remain bullish Read More
SGX Nifty Premarket
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07 before a reversal is seen. EURJPY needs to sustain a rise above 162 to head towards 163/165 while USDJPY is also headed towards crucial resistance at 152, a break above which if seen will be surprisingly bullish else can see an Read More
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07 before a reversal is seen. EURJPY needs to sustain a rise above 162 to head towards 163/165 while USDJPY is also headed towards crucial resistance at 152, a break above which if seen will be surprisingly bullish else can see an Read More
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07. EURJPY can test 162 and possibly face an initial decline while USDJPY is also headed towards resistance at 152 from where a decline is expected. The Aussie is strongly bearish for a fall to 0.63 but Pound may see a short Read More
FOREX The Dollar Index could hold below 106, taking the Euro up towards 1.07. EURJPY can test 162 and possibly face an initial decline while USDJPY is also headed towards resistance at 152 from where a decline is expected. The Aussie is strongly bearish for a fall to 0.63 but Pound may see a short Read More
FOREX The Dollar Index has turned down after facing rejections from 106 whereas the Euro has bounced back as the support at 1.0650 has held well. EURJPY has scope to test 162 from where a decline looks possible. USDJPY can test 151.63-152 on the upside. The Aussie and Pound look bearish below 0.6450 and 1.24 Read More
FOREX The Dollar Index seems to be recovering slowly towards 106, taking the Euro down towards 1.0650. EURJPY has risen back and has scope to test 161/162. USDJPY has risen above 150 and can test 151/152 levels soon. The Aussie is bullish towards 0.65 while above 0.64 while the Pound looks bearish below 1.2450 to Read More
FOREX Dollar Index can test 105.50-105.80 before falling again while Euro can attempt to rise back towards 1.08 while above 1.07. EURJPY has dipped from 161 and can take it lower for a few days before resuming to rise to 162. USDJPY has risen above 150 and can test 151+ levels soon. Aussie could test Read More
FOREX Dollar Index plunged after the NFP data release on Friday taking most other currencies up against the Dollar. The Dollar Index has fallen to test 105 but need to see if it can bounce back from here or head lower towards 104. Euro and EURJPY trade higher and may test 1.0750-1.08 and 161-162 while Read More
FOREX Dollar Index trades lower on possible cooling off of further rate hikes but continues to trade within 105-107 region while Euro can remain within 1.05-1.07. EURJPY has bounced from 159 but while below 161 there is scope for a fall to 158. USDJPY trades above 150 and has scope to rise slowly back to Read More