SGX Nifty Premarket

FOREX The Dollar Index is bullish towards 104 and the Euro is weak towards 1.08 ahead of the ECB policy meeting where markets expect a 25bps rate cut. USDJPY and EURJPY are struggling to rise and could stabilize or fall towards 146.50 and 160 respectively. The fall could be delayed in case of a rate Read More

FOREX The Dollar Index looks bullish towards 103.55-104 while above 102.50. The Euro has slipped below 1.09 but needs to break below 1.0875 to extend to 1.08-1.07. The USDJPY and EURJPY have a fair chance of declining to 148.50/148 and 161 in the near term while below 149.50 and 164. Aussie can test 0.66 while Read More

FOREX The Dollar Index looks bullish towards 104 and higher while above 102.50. The Euro has slipped below 1.09 but has risen back slightly. The price can head towards 1.08 on a confirmed break below 1.09. The USDJPY and EURJPY have a fair chance of rising towards 150-152 and 164 respectively while above 146 and Read More

FOREX The Dollar Index above 102.50, looks bullish towards 104 and higher. The Euro is again nearing the support around 1.09. Need to see whether 1.09 holds or extends the fall further. The USDJPY and EURJPY, while above 146 and 161.50, have a fair chance of rising towards 150-152 and 164 respectively in the coming Read More

FOREX The Dollar Index initially tested 103.17 on US CPI MoM% release at 0.18%. Immediate support is at 102.50, above which it can bounce back again. The Euro tested 1.09 as expected before recovering a bit from there. Need to see whether 1.09 holds or extends the fall further to 1.08 in the near term. Read More

FOREX The Dollar Index initially tested 103.17 on US CPI MoM% release at 0.18%. Immediate support is at 102.50, above which it can bounce back again. The Euro tested 1.09 as expected before recovering a bit from there. Need to see whether 1.09 holds or extends the fall further to 1.08 in the near term. Read More

FOREX The Dollar Index has risen past 102.75 and if sustained above current levels, can head towards 104 or higher in the near term. The Euro in line with our view can soon test 1.09 on the downside. The USDJPY and EURJPY have risen well. On the upside 150-152 and 164 respectively look like possible Read More

FOREX The Dollar Index needs to rise past 102.75 to make the outlook further bullish. Else it can get dragged towards 102 or even lower. The Euro failed in its attempt to rise past 1.10 and while below it, a test to the support of 1.09 could be seen. The outlook on USDJPY and EURJPY Read More

FOREX The Dollar Index needs to rise past 102.75 to make the outlook further bullish. Else it can get dragged towards 102 or even lower. The Euro is attempting to rise back. A confirmed break past 1.10 if seen, can take it higher to 1.1050. Failure to do so can lead to a fall to Read More

FOREX The Dollar Index gained strength on Friday after the Stronger US NFP and lower Unemployment release. Still, a rise past 102.50/75 will be needed to head towards 104 or higher in the near term. Euro slipped below 1.10 and if the fall continues, it can get extended to 1.09 in the coming sessions. USDJPY Read More