SGX Nifty Premarket

FOREX The Dollar Index trades lower ahead of the FED meeting tonight. The Euro has also stabilized with the ECB policy meeting tomorrow. Both the Dollar Index and Euro may have scope to test 97/96 and 1.18 in the next 1-2 weeks. The EURINR is likely to rise towards 111-112 while the EURJPY and USDJPY Read More

FOREX The Dollar Index has recovered slightly while, the Euro has fallen from 1.17550. With the markets awaiting cues of possible rate hikes ahead for the year from the central bank meetings this week ahead (FOMC tomorrow and ECB day after) the currencies could remain stable. The Dollar Index and Euro can trade within 97.50-99 Read More

FOREX The Dollar Index has dipped and could test 98/97.50 before bouncing higher while Euro can test 1.18 or slightly higher before retracing from there. EURINR is likely to head towards 112-112.50 while above crucial support at 110. EURJPY can rise towards 187.50 while above 186.25 but USDJPY is likely to remain range bound within Read More

FOREX The Dollar Index and Euro are range bound between the broad 98-99.50 and 1.16-1.18 region. USDJPY can trade within 157-160 region for the near term while the EURJPY is stuck in the 186-188 zone. EURINR may rise towards 111-112 on a sustained rise above 110.  Pound can be headed towards 1.34/33 on a sustained Read More

FOREX The Dollar Index and Euro are range bound between the broad 98-99.50 and 1.16-1.18 region. USDJPY can trade within 157-160 region for the near term while the EURJPY is stuck in the 186-188 zone. EURINR may rise towards 111-112 on a sustained rise above 110.  Pound can be headed towards 1.34/33 on a sustained Read More

FOREX Overall the Dollar Index and Euro are range bound between the broad 98-99 and 1.16-1.18 region. USDJPY can trade within 157-160 region for the near term while the EURJPY is stuck in the 186-188 zone. EURINR may test 109/108 before again rising towards 110-112.  Pound an be headed towards 1.34/33 on a sustained fall Read More

FOREX Continuation on extension of ceasefire between UD and Iran and continued blockage of the Strait of Hormuz could keep the currency pairs ranged for the near term with the Dollar again moving up. The  Dollar Index has risen well above 98 heading towards 98.50-99 while Euro needs to break below 1.17 to head towards Read More

FOREX The  Dollar Index has scope to dip while below 98.50 as Euro holds well above 1.17 and can rise to test 1.1850. USDJPY can trade within 157-160 region for the near term. EURJPY is headed towards 186, a bounce from where can take it back to 188 else can open chances of a decline Read More

FOREX The  Dollar Index has scope to test 98.50 while Euro could continue trade within 1.1850-1.16 region. USDJPY can test 158 but thereafter a decisive break on the downside is needed to confirm bearishness. EURJPY is headed towards 186, a bounce from where can take it back to 88 while EURINR may test 111-112 while Read More

FOREX The  Dollar Index has scope to test 98 and fall further to 97/96 on a break below 98 while Euro has dipped and could fall to 1.17/1.16 before rising back later. USDJPY can test 158 but thereafter a decisive break on the downside is needed to confirm bearisness. EURJPY is headed towards 188 while Read More