FOREX The Dollar Index fell to the lower end of its 100-98 range after the US CPI release increased rate hike expectations by FED in Sep-25. The downside is expected to be limited to 97/96. EURUSD has the upside capped at 1.18. EURINR needs a decisive break past 102.50 to head towards 103-104. For now, Read More
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FOREX The Dollar Index and Euro are holding well in their respective ranges of 100-98 and 1.17-1.16. EURINR can fall towards 101.50-101.00 in the near term. EURJPY & USDJPY have the scope to head towards 173/74 and 150 respectively in the coming sessions. USDCNY is stuck within 7.1750-7.1900. The Aussie is coming off but overall, Read More
FOREX The Dollar Index is trading lower within the 100-98 range. Deeper support coming at 97-96 levels. The Euro above 1.16 has a scope to rise towards 1.18. EURINR needs to rise past 102.50 to bring 103-104 into picture. EURJPY & USDJPY needs to break past 172.50 and 148 to head towards 173/74 and 150 Read More
FOREX The Dollar Index is trading near the 98 level, any break below which if seen can drag it to 97-96 as well. The Euro has a scope to rise towards 1.18 while above 1.16. EURINR needs to rise past 102.50 to bring 103-104 into picture. EURJPY & USDJPY needs to break past 172.20 and Read More
FOREX The Dollar Index is trading near the 98 level, any break below which if seen can drag it to 97-96 as well. The Euro has a scope to rise towards 1.18 while above 1.16. EURINR needs to rise past 102.50 to bring 103-104 into picture. EURJPY & USDJPY needs to break past 172.20 and Read More
FOREX Donald Trump has announced an additional 25% tariff on India, bringing the total tariff rate to 50%. The Dollar Index is trading lower within the 100-98 range. Any break below 98 can drag it to 97-96. The Euro has risen past 1.16 and if sustained, can head towards 1.17/18 as well. EURINR and EURJPY Read More
FOREX The Dollar Index has remained stable since the last few sessions. The view remains intact to see a rise towards 101, while above 98/97. The Euro and EURINR can trade within 1.18-1.14 and 102-100/99 regions respectively. EURJPY has limited upside to 172. The target of 168 is kept open for now. USDJPY above 146 Read More
FOREX Dollar Index has a scope to rise back towards 100-101 while it trades above 98/97. The Euro and EURINR have immediate resistance at 1.16 and 102 respectively. While it holds, both can trade within 1.18-1.14 and 102-100/99 regions respectively. EURJPY if slips below 170, can get dragged towards the deeper support at 168. USDJPY Read More
FOREX Weaker NFP, new tariffs by Trump on various countries and firing of Labor Statistics Commissioner Erika McEntarfer led the Dollar Index to fall sharply to 98.60. Currently it is holding well above 98 and if sustained, can head back towards 100-101 as well. The Euro and EURINR can trade within 1.18-1.14 and 102-100/99 regions Read More
FOREX Donald Trump has announced new tariffs on 69 countries, set to go into effect on 07-Aug. As a result, the Dollar Index has moved up further and can head towards 101 soon. The Euro and EURINR are looking bearish towards 1.13 and 99 respectively. EURJPY bounced from 169.74 itself and if sustained, can test Read More