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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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The rupee recovered by 30 paise against American currency

Rupee is trading at 67.07 against the US dollar. Forex : The rupee recovered by 30 paise to 67.07 against the American currency following fresh... ...

http://www.asianage.com/business/forex-rupee-recovered-30-paise-against-american-currency-486
Dollar rises after U.S. retail sales data jump

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. Reuters/Rick... ...

http://in.reuters.com/article/us-global-forex-idINKCN0ZV043?il=0
UPDATE 9-Oil climbs a day after big losses but glut fears linger

A pumpjack brings oil to the surface in the Monterey Shale, California, U.S. April 29, 2013. Reuters/Lucy Nicholson/File Photo NEW YORK... ...

http://in.reuters.com/article/global-oil-idINL4N1A01F2
REFILE-FOREX-Yen slips, sterling surges after surprise hold from Bank of England

A detail of a 10,000 yen bill is seen on a light panel to make its security features visible at the Currency Museum of the Bank of Japan in Tokyo,... ...

http://in.reuters.com/article/global-forex-idINL1N1A00T2
FOREX-Dollar falls as risk appetite fades, Bank of Canada stands pat

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea,... ...

http://in.reuters.com/article/global-forex-idINL1N19Z0QK

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