The Dollar Index is rising as expected and overall our view remains bullish towards 110-111 in the near term. Euro has upside capped at 1.0450 and a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on either side of their respective ranges of 90-88 and 0.63-0.62 for further directional clarity. USDJPY, on a sustained rise past 158.50 can head towards 160 or higher in the coming sessions.
Pound is coming off as expected and can soon test 1.22 on the downside. EURJPY is stuck between 165 and 163. USDCNY can gradually head towards 7.35. USDINR has risen past 85.80 and while the rise sustains, a test to 86 can happen in the near term. The US Treasury yields remain higher. View is bullish. The yields can rise more from here. The US non-farm payroll (NFP) and the unemployment data release tomorrow will be important to watch. The German Yields are moving up in line with our expectation. Bullish view is intact. The 10Yr GoI has risen back. But resistance is ahead which has to be broken to negate the fall that we have been expecting. For now, the near-term outlook is negative. The Dow Jones has seen a slight rise but remains bearish as long as it stays below 43000, with a potential decline toward 42000-41800. DAX rose to 20480 during the session but gave up its intraday gains and closed flat. The index remains bullish toward 20700 as long as it sustains above 20200. Nifty is holding above the key support of 23500, maintaining the sideways range of 23500-24100. Nikkei continues to slip and remains below 40000. The index is expected to stay within the range of 38000-40000 unless it rises decisively past 40000 to target 41000-42000. Shanghai is holding below 3250 and could fall further toward 3150 if it breaks below 3200. A strong move above 3250 is needed to reverse the bearish outloo
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Currency Market Outlook and Global Indices AnalysisThe article analyzes the near-term outlook for major currency pairs, including USD, EUR, GBP, JPY, AUD, INR, and CNY. It also discusses the performance of US and global indices like Dow Jones, DAX, Nifty, Nikkei, and Shanghai Composite.
Leer más »
Currency Outlook and Market PredictionsThis article provides a forecast of currency movements and market trends for the upcoming week. It discusses the impact of the US holiday week on trading volumes and potential price targets for major currencies, including the US Dollar, Euro, Pound, and Japanese Yen. It also analyzes the outlook for US Treasury yields, German yields, and Indian government bond yields. The article further covers predictions for major stock indices, including the Dow Jones, DAX, Nifty, Nikkei, and Shanghai Composite. Commodity market forecasts are also included for crude oil, gold, silver, copper, and natural gas.
Leer más »
Currency, Bond, and Commodity Market OutlookThis report provides insights into the near-term outlook for various currency pairs, bond yields, and commodity prices. It analyzes trends and potential movements based on current market conditions and technical indicators.
Leer más »
Currency and Commodity Market OutlookThis news article provides an overview of the current market trends for major currencies, commodities, and stock indices. It discusses key support and resistance levels, potential price movements, and influential factors driving market sentiment.
Leer más »
Major Currency Fluctuations and Market OutlookThis article analyzes the recent movements in major currencies, driven by the Euro's surge following a strong PMI release. It provides insights into the near-term outlook for various currency pairs, including EURUSD, USDJPY, USDINR, and GBPUSD. The article also discusses the performance of major stock indices, US Treasury yields, and German yields.
Leer más »
Market Reactions to Fed Rate Cut and Global Economic OutlookThis report analyzes the market's response to the Federal Reserve's recent interest rate cut and examines the global economic outlook for 2025 as predicted by major investment banks.
Leer más »