FOREX Dollar Index is recovering towards 101, pressuring EURUSD towards 1.14/1.1370. EURINR holds below 111, while USDJPY stays bullish above 161.50 to target 163/165. EURJPY needs a break past interim resistance at 186.32 to rise towards 188 while USDCNY needs to hold above 6.77 for 6.78-6.7850. Aussie and Pound look weak while below 0.70 and Read More
SGX Nifty Premarket
FOREX The Dollar Index fell after the softer US PPI but has bounced back and may hold above 100.30/100.00 before rising towards 101 or higher. EURUSD may dip back towards 1.14, while EURINR, if below 111, can fall to 109.50-109. Dollar-Yen may remain range-bound, and EURJPY needs to hold below 186 to fall towards 185/184. Read More
FOREX Lower US CPI print for Jun-26 (in line with market expectations) has pulled down the Dollar Index against other major currencies today. The dollar index can bounce back from 100.40, but the dip over yesterday has led the Euro, Aussie, Pound, and Yen to strengthen against the dollar temporarily. All the mentioned currencies can Read More
FOREX The Dollar Index trades stable ahead of the US CPI and PPI data releases and could be seen to trade within 100.40-102 region keeping Euro above 1.1370 for now with a possible gradual decline to 1.13 later. EURINR may rise on expected rise in the USDINR towards 96 while the USDJPY could reflect the Read More
FOREX Fresh attacks between US and Iran over the weekend and Iran calling the Strait of Hormuz closed has led to a stronger Dollar against major currencies. We expect Dollar Index to fluctuate within 100.40-102 for the coming sessions while Euro can test 1.1350/1.13 on a break below 1.1370. The markets await the US CPI Read More
FOREX The Dollar Index is struggling to break above 102 and could ease towards 100, while EURUSD is expected to stay within 1.1370-1.1470 until a clear breakout. EURINR holds support near 109/108.70 and may rise towards 109.50-110. USDJPY could dip towards 161 before resuming its broader upside towards 163/165, while EURJPY may remain confined within Read More
FOREX The Dollar Index is struggling to break above 102 and could ease towards 100, while EURUSD is expected to stay within 1.1370-1.1470 until a clear breakout. EURINR holds support near 109/108.70 and may rise towards 109.50-110. USDJPY could dip towards 161 before resuming its broader upside towards 163/165, while EURJPY may remain confined within Read More
FOREX Fresh strikes between the US and Iran once again seem to gain dominance, overall impacting the price movements. However, the Dollar Index and Euro are expected to remain in a range for the near term between 100.40-101.40 and 1.1370-1.1470 region, with some chances of the Dollar Index rising to 102 and the Euro testing Read More
FOREX Fresh attacks reported in the Strait of Hormuz have led the Dollar to gain against most major currencies. Rise in the Dollar Index towards 101.50-102 can drag the Euro down to 1.1350-1.13. The Yen is overall in depreciating mode, targeting 163/164. EURJPY is headed towards 186, triggered by Yen weakness. USDCNY can face rejection Read More
FOREX The Dollar Index looks ranged within the 101-100.50 region for now who may break higher to test 102 eventually. This could take the Euro to 1.1475/80 initially before falling to 1.14/1.1380. USDJPY has scope to rise to 162/163 while markets expect an intervention from the BOJ above 162.50 level. EURINR can trade within 108.50-109.50 Read More
