Market Commentary The US Dollar continued to depreciate to hit critical support of 79.45 ranges on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (.DJIA) trading strong, DJIA....
Market Commentary The US Dollar depreciated across the board on the event of most of the asset classes, especially the benchmark equity index of the Dow Industrials (.DJIA) trading strong. The Dollar Index is currently trading weak...
Market Commentary The Dollar is trading flat at 80.50 after appreciating for continuous three sessions. Historic inverse correlation between our benchmark equity index of the Dow Industrials (.DJIA) and DX was not observed on Friday wherein DJIA...
Market CommentaryAfter trading consistently at the short term support of 79.70 ranges for couple of days, the Dollar Index found support at 79.70 to appreciate to 80.25 ranges. Historic inverse correlation between our benchmark equity index of...
Market CommentaryThe Dollar Index is trading stable near the short-term support of 80.00 ranges. Only daily close below 79.00 ranges results in medium term Dollar weakness would continue though the long term Dollar bearishness is intact.
Market CommentaryThe US Dollar depreciated across the board; the Common currency, the Cable continued to appreciated against the USD; the Aussie depreciated but the short term range bound trend remained intact with 1.0480 ranges still acting as...
Market CommentaryThe Dollar Index is trading tight near the short term support of 80.00 ranges; it is currently trading at 79.90 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
Market CommentaryThe US Dollar traded mixed bag wherein it has lost against the Euro, the Swiss France but gained against the Aussie and the Japanese Yen.
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.18 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.
The Dollar Index is trading tight at the short term support of 80.00 ranges; it is currently trading at 80.30 ranges; daily close below 79.80 would result in further depreciation of the US Dollar.