GFM Research

Market CommentaryThe US Dollar Index (DX) appreciated for continuous third session after hitting critical support of 79.90 on 27th December, 2013 to currently trade at 81.05 with 81.20-81.50 ranges...

Market CommentaryAmidst weak volumes, the Dollar Index (DX) hits lower support of 79.90 ranges during Friday’s trade to recover again before the end of US trading session to currently trade at...

Market CommentaryMost of the FX majors are trading in narrow range due to less participation ahead of yearend holiday season. The Common currency is trading flat and is still trading below the...

Market CommentaryThe Dollar Index (DX) tested key support of 79.60 before Fed’s tapering announcement to soon recover after the announcement to close 80.65 ranges. Mixed trading was witnessed...

Market CommentaryThe US Dollar is trading flat with weaker bias after the Dollar Index (DX) slipped below 80.50 ranges, which acted as support most of November; DX is currently trading at 80.20...

Market CommentaryMixed trading was witnessed across the board against the USD; wherein the Cable corrected from 1.6450 ranges to currently trade at 1.6360 ranges and the Aussie seems to reinitiate...

Market CommentaryMost of the FX majors are trading strong against the Greenback, wherein the Euro retested is approaching last month’s high of 1.3800 ranges; the Cable is continued appreciating...

Market CommentaryUnable to hold to Monday gains, the Dollar Index again tests critical support of 80.50 ranges. DX is trading sideways with the short term trend still range bound between 81.60 and...

Market CommentaryDollar Index tests critical support of 80.55; the Dollar Index (DX) is trading sideways with the short term trend still range bound between 81.60 and 80.55; further trend would be...

Market CommentaryThe Dollar Index (DX) is still trading sideways with the short term trend still range bound between 81.60 and 80.55; further trend would be established on either side breakout on...

Market CommentaryThe Dollar Index (DX) trading appreciates sideways with the short term trend still range bound between 81.60 and 80.55 with positive bias. Most of the FX majors are trading mixed bag...

Market CommentaryThe Dollar Index (DX) appreciates after testing critical support of 80.55 ranges to currently trade at 81.20, the short term trend is still range bound between 81.60 and 80.55 with...

Market CommentaryThe Dollar Index (DX) hits critical support of 80.55 ranges to currently trade at 80.71, the short term trend is still range bound between 81.60 and 80.55. Most of the FX majors,...

Market CommentaryThe Greenback momentum seems to ease off after the Dollar Index (DX) hits the interim resistance of 81.60 ranges further appreciation in the USD is expected only on DX closing above...

Market CommentaryAmidst stronger equities across the globe, US Dollar Index (DX) is trading weak after hitting interim resistance on 81.60 to currently trade at 80.80; the Greenback momentum seems to...

Market CommentaryWith bets increasing that the Fed may continue stimulus after Janet Yellen asserted that the US economy is growing lesser than expected, the US Dollar depreciated across the board...