FOREX The Dollar Index has bounced back from 103.91 while the Euro has held well below 1.09. US NFP data release is crucial today and could keep the volatility in major currencies intact within the broad near-term range. EURJPY held below 165 while USDJPY can be ranged within 152-150. Aussie and Pound continue to move Read More
SGX Nifty Premarket
FOREX The Dollar Index fell as expected and is likely to test 104 while Euro shot up above our expected level of 1.08 and could further test 1.09 before possibly halting. USDJPY continues to remain stable within the 151–152 region, EURJPY is headed towards 165-166 on the upside. Aussie and Pound need to be cautious Read More
FOREX The Dollar Index has dipped below 105 and could further extend its fall towards 104.5/104 before attempting to rise back. Watch US ADP Unemployment data release today. Meanwhile, Euro has recovered a bit, but an interim resistance can be spotted near 1.08 below which there is a possibility of the pair coming down towards Read More
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
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