FOREX Most currencies are looking bullish against the US Dollar. Euro has moved above 1.16, Aussie and Pound could rise above 0.72 and 1.36 respectively while EURINR, Indian Rupee, Chinese Yuan can strengthen towards 111, 95.00 and 6.70 soon. USDJPY and EURJPY can rise in the near term towards 160 and 186 respectively. Dollar Index Read More
SGX Nifty Premarket
FOREX Overall, major currency pairs are expected to trade mostly sideways with a few bearish Dollar signals emerging. The Dollar Index may remain confined near 100-99, after rising to 99.726 initially on comments from Warsh of a hike in interest rates if inflation does not cool off while EURUSD, USDJPY, EURINR, EURJPY, Aussie, Pound, USDCNY, Read More
FOREX Most currencies look range-bound. The Dollar Index may test 99.40, holding above 99, while EURUSD and Dollar-Yen appear steady within 1.1680-1.1640 and 160-159. USDCNY has broken below 6.72 and could now be headed towards 6.70 soon. EURINR and EURJPY remain near key resistance levels, while Aussie needs a sustained break above 0.72 to target Read More
FOREX Most currencies look range-bound. The Dollar Index may test 99.40, holding above 99, while EURUSD and Dollar-Yen appear steady within 1.1680-1.1640 and 160-159. USDCNY has broken below 6.72 and could now be headed towards 6.70 soon. EURINR and EURJPY remain near key resistance levels, while Aussie needs a sustained break above 0.72 to target Read More
FOREX The near-term currency outlook is mixed but dollar-sensitive: the Dollar Index looks headed towards 99.40, EURUSD remains capped below 1.17, and Dollar-Yen may stay in the 159–160 range with downside risk below 159. EURINR and EURJPY look soft in the immediate term, while USDCNY could fall toward 6.70 on a break below 6.72. Aussie Read More
FOREX The Dollar Index has fallen below 99 and remains bearish below 99.40, with downside risk toward 98.50, while EURUSD needs a sustained move above 1.17 to regain upside momentum. Dollar-Yen risks slipping toward 158 if it holds below 159, and EURINR/EURJPY may consolidate before attempting higher levels. USDCNY is biased toward 6.70. Aussie remains Read More
FOREX The Dollar Index remains bearish below 99.40, with scope to slip towards 98.50 or lower after any near-term test of 99.40. EURUSD is expected to regain momentum above 1.17 and target 1.18 or higher, while Dollar-Yen may rise slowly towards 160 before easing back unless it breaks decisively higher. EURINR and EURJPY retain bullish Read More
FOREX Dollar Index continues to look weak towards 98.50/98.00 while Euro can rise in the coming sessions towards 1.17 or higher. Aussie and Pound have risen well, while Dollar-Yen may stay capped below 160 for the very near term. EURINR and EURJPY look bullish toward higher targets of 112.50 and 186-188 while USDCNY remains weak Read More
FOREX Dollar weakness continues to drive currency movements today. Dollar Index remains bearish toward 98.50–98.00, supporting upside in EURUSD, Aussie and Pound, while Dollar-Yen may stay capped below 160. EURINR and EURJPY look bullish toward higher targets while USDCNY remains weak heading towards 6.70. USDINR is likely to stay range-bound below 95.75 as higher crude Read More
FOREX Dollar weakness continues to drive currency movements today. Dollar Index remains bearish toward 98.50–98.00, supporting upside in EURUSD, Aussie and Pound, while Dollar-Yen may stay capped below 160. EURINR and EURJPY look bullish toward higher targets while USDCNY remains weak heading towards 6.70. USDINR is likely to stay range-bound below 95.75 as higher crude Read More
