SGX Nifty Premarket

FOREX Softer US data releases last week have weighed on the Dollar Index, taking it lower. A break below 99.40, if seen, can drag it further towards 99 or lower in the medium term. That said, most currencies are looking strong against the US dollar. Euro is headed towards 1.16, while EURJPY looks headed towards Read More

FOREX Softer US PPI yesterday after the softer CPI release earlier has kept the Dollar index subdued. Although the reading is bullish, the required volume to pull the index up seems to be missing. Most other currencies also look stable at levels seen in the previous session. Euro is stable below 1.1550, EURJPY below 184, Read More

FOREX Softer US PPI yesterday after the softer CPI release earlier has kept the Dollar index subdued. Although the reading is bullish, the required volume to pull the index up seems to be missing. Most other currencies also look stable at levels seen in the previous session. Euro is stable below 1.1550, EURJPY below 184, Read More

FOREX The Dollar index has pulled itself up despite the softer CPI release yesterday, indicating near-term bullishness on a break above 100. That said, the Euro, EURJPY, Aussie, and Pound could decline towards 1.15 and lower, 183/182, 0.70/69 and 1.33, respectively, in the near term. USDJPY can aim for 160-161 while above 159. EURINR is Read More

FOREX The Dollar index continues to drag itself along the support trendline on the 3-day charts ahead of the US CPI data release today. Euro is ready for a dip from current levels to fall below 1.15.  USDJPY can aim for 160-161 while above 159. EURJPY can slowly rise towards 185-160 region if it breaks Read More

FOREX Most currencies are trading strong against the Dollar Index which might trade between 100-99.40 for the near term with an eventually rise beyond 100 in the coming days while Euro can attempt to test 1.16 before coming down towards 1.15. , USDJPY has recovered well and looks poised to test 160 and higher soon Read More

FOREX Lower US Employment data and a dip in the US NFP on Friday led to a dip in the Dollar Index, which might trade between 100.30-99.30/99.00 for the near term, keeping the Euro within 1.16-1.15. USDJPY has recovered well and looks poised to test 159 in the next few sessions. Thereafter, it would be Read More

FOREX Lower-than-expected ADP Employment and US Jobless claims data have kept the Dollar Index lower. The market now awaits the NFP data today. A weaker-than-expected level, if seen, can drag down the Dollar Index lower from current levels, delaying a break above 100 by a week or so. That keeps Euro within the 1.15-1.16 region Read More

FOREX Lower-than-expected ADP Employment and US Jobless claims data have kept the Dollar Index lower. The market now awaits the NFP data today. A weaker-than-expected level, if seen, can drag down the Dollar Index lower from current levels, delaying a break above 100 by a week or so. That keeps Euro within the 1.15-1.16 region Read More

FOREX Lower-than-expected ADP Employment leads the Dollar Index to slip. Watch crucial support near 99.50, which needs to hold to keep the upside view intact. The index could be volatile this week with the US jobless claims data release today and NFP tomorrow. Euro can attempt to test 1.16 while USDJPY can take a breather Read More