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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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Oil edges up about 1 pct on optimism over non-OPEC output cuts

NEW YORK (Reuters) - Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to... ...

https://in.news.yahoo.com/oil-extends-gains-hopes-non-opec-output-cuts-010036199--finance.html
U.S. stocks rise with Treasury yields, euro slides

NEW YORK (Reuters) - U.S stocks followed Europe higher on Friday as investors piled in on the post-Trump-election rally while the euro weakened... ...

https://in.news.yahoo.com/asian-shares-flat-track-weekly-gains-010311404--finance.html
Euro, yen fall as dollar momentum builds again

By | LONDON LONDON The euro was back under pressure on Friday after an extension of the European Central Bank's program of money-printing drove its... ...

http://in.reuters.com/article/us-global-forex-idINKBN13Y01G?il=0
Ends Three Day Winning Streak On Fresh Dollar Demand

Rupee slithered back against the dollar from nearly a one-month high on Friday, 09 December 2016, ending its three-day winning run, on fresh demand... ...

http://www.indiainfoline.com/article/capital-market-commodity-futures-mid-session-commentary/indian-rupee-ends-three-day-winning-streak-on-fresh-dollar-demand-116120900224_1.html
Asian shares flat but on track for weekly gains

By Lisa Twaronite and Wayne Cole TOKYO/SYDNEY (Reuters) - Asian shares flatlined on Friday but were on track for robust weekly gains, while the... ...

http://www.sify.com/finance/asian-shares-flat-but-on-track-for-weekly-gains-news-commodities-qmjgGCbeabfeb.html

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