FOREX Donald Trump has announced new tariffs on 69 countries, set to go into effect on 07-Aug. As a result, the Dollar Index has moved up further and can head towards 101 soon. The Euro and EURINR are looking bearish towards 1.13 and 99 respectively. EURJPY bounced from 169.74 itself and if sustained, can test Read More
SGX Nifty Premarket
FOREX The FOMC kept the interest rates unchanged at 4.50%. The Dollar Index has finally risen past 99 and if sustained, can extend the rise to 101 in the coming sessions. The Euro and EURINR are looking bearish towards 1.14-1.13 and 99 respectively. EURJPY has slipped below 171 and failure to see a bounce back Read More
FOREX The US FOMC is scheduled today and even though the Fed is widely expected to keep interest rates unchanged, focus will be on any hints of rate cuts in the coming months. Dollar Index failed in its attempt to see a sustained rise past 99 and started declining from 99.14 itself. Currently, it is Read More
FOREX The US and EU Commission made a trade agreement with an unbalanced deal that slapped a headline 15% tariff on EU goods. The Dollar Index is rising within its 96-99 range and a confirmed break past 99 can take it towards 101. The Euro has fallen below 1.16 and can test 1.15-1.14 if the Read More
FOREX The Dollar Index continues to hold its 96-99 range for now. The Euro and EURINR are coming off but while above 1.17 and 100.50 targets of 1.19 and 102 are kept alive respectively. EURJPY can head towards 175-176. USDJPY and USDNCY are likely to trade within the 146-149 and 7.14-7.18/20 range in the near Read More
FOREX The Dollar Index has recovered a bit but overall the range of 96-99 remains intact for now. The Euro and EURINR are coming off but a confirmed break below 1.17 and 100.50 will be needed to negate the rise to 1.19 and 102 respectively. EURJPY has risen past 173 and if sustained, can head Read More
FOREX The Dollar Index has recovered a bit but overall the range of 96-99 remains intact for now. The Euro and EURINR are coming off but a confirmed break below 1.17 and 100.50 will be needed to negate the rise to 1.19 and 102 respectively. EURJPY has risen past 173 and if sustained, can head Read More
FOREX Donald Trump announced a trade deal with Japan in which both countries agreed to a 15% tariff rate. The Dollar Index is gradually coming off within its 99-96 range. The downside is expected to be limited to 96. The Euro and EURINR are headed towards 1.18 and 101.50 respectively. EURJPY is trading near 172 Read More
FOREX Donald Trump announced a trade deal with Japan in which both countries agreed to a 15% tariff rate. The Dollar Index is gradually coming off within its 99-96 range. The downside is expected to be limited to 96. The Euro and EURINR are headed towards 1.18 and 101.50 respectively. EURJPY is trading near 172 Read More
FOREX The Dollar Index has declined further within its 99-96 range but we maintain our bullish bias towards 101. The Euro and EURINR tested 1.17 and 101 respectively. Even if the rise extends further, it can be limited to 1.18 and 102 respectively. EURJPY above 172 has a scope to rise towards 175 in the Read More