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Market correction to continue

Short-term wave counts show that there could be minor pullbacks next week, which will be small counter-trend rallies to correct for over-sold conditions. says Sonali Ranade Continuous Commodity......

Expect equity markets and dollar to consolidate

Clearly the DXY is overbought and needs to work off overbought conditions. That will trigger consolidation in US equity markets that are just as overbought, says Sonali Ranade  The US dollar......

Markets are marking time before making major moves

For now the probability of the tradable rally remains very low, says Sonali Ranade $ INDEX [DXY/$USD]:As noted in last week's column, the breakout point for DXY was above 83.50 which it pierced......

Dollar to be the best performing currency of 2015?

A stable dollar will at the minimum reduce further incremental cross-currency pain for Indian companies, notes Akash Prakash. Most are convinced the dollar will keep strengthening - so it's......

'Gradual rate hike by Fed works best for US, global markets'

Amid fears the US Federal Reserve might increase interest rates sooner than expected, the dollar has gained against most currencies. Singapore-based Nizam Idris, managing director & head of......

Rupee rebounds from one-week low, up 9 paise against dollar

Rebounding from one-week low, the Indian rupee on Thursday rose by 9 paise to finish at 62.16 against the dollar, snapping its four-day falling trend, on the back of dollar selling by banks and......
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Gold drops slightly in choppy trade as dollar pares losses

By Renita D. Young and Peter Hobson NEW YORK/LONDON (Reuters) - Gold prices dropped on Wednesday in see-saw trade, first rising to the highest... ...

http://www.sify.com/finance/gold-drops-slightly-in-choppy-trade-as-dollar-pares-losses-news-forex-rlqbcUgeiedje.html
Angel Broking

According to Angel Broking,EURINR spot is expected to rise in today’s trading session on account of weak DXY after the US President wrapped up... ...

http://www.moneycontrol.com/news/brokerage-recos-currencies/eurinr-is-expected-to-trade-rise-angel-broking_10031521.html
Dovish ECB, earnings, lift European shares to five-month high

By Ritvik Carvalho LONDON (Reuters) - European shares hit a five-month high on Friday as one the biggest weekly drops in the euro this year buoyed... ...

http://www.sify.com/finance/global-markets-dovish-ecb-earnings-lift-european-shares-to-five-month-high-news-commodities-rk1gG3acbdebh.html
Australia shaken after rock thrown at team bus in Guwahati

The Australia cricket team suffered a scare following their Twenty20 international win over India in Guwahati on Tuesday after a rock was thrown at... ...

http://www.sify.com/sports/australia-shaken-after-rock-thrown-at-team-bus-in-guwahati-news-cricket-rklbsfahbdbdg.html

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